NBA Commissioner Adam Silver. Photo: Stacy Revere/Getty Images

As the coronavirus pandemic keeps the sports world in limbo, the NBA announced it reached a deal to cut players' paychecks with their union, the National Basketball Players Association.

Why it matters: The athletes will see their checks reduced by 25% starting May 15, ESPN reports. The pay cut is a "clear sign" that at least some of the 259 remaining regular-season games canceled due to the coronavirus will not be rescheduled, AP writes.

  • The withheld money could be returned to players if the season restarts, but team owners have the ability to retain some of the withheld wages if the games remain canceled, The Washington Post notes.

The state of play: The average NBA team was able to play 65 of 82 games this season, WaPo reports.

  • The league's salary cap was set at a record $109.1 million per team for the season, the Post adds.

What's next: NBA Commissioner Adam Silver didn't specify when the league would start playing games.

  • “There’s too much unknown to set a timeline. There is no appetite [among owners] to compromise the well-being of our players. In terms of priorities, you begin with safety. We’re not at a point yet where we have a clear protocol and a path forward where we feel like we can sit down with the players and say we can resume the season. Human life trumps anything else you could possibly be talking about,” Silver said on a conference call after the NBA's annual Board of Governors meeting, per the Post.

Go deeper: Anthony Fauci envisions sports without fans amid coronavirus crisis

Go deeper

Louisville officer: "Breonna Taylor would be alive" if we had served no-knock warrant

Breonna Taylor memorial in Louisville. Photo: Brandon Bell/Getty Images

Sgt. Jonathan Mattingly, the Louisville officer who led the botched police raid that caused the death of Breonna Taylor, said the No. 1 thing he wishes he had done differently is either served a "no-knock" warrant or given five to 10 seconds before entering the apartment: "Breonna Taylor would be alive, 100 percent."

Driving the news: Mattingly, who spoke to ABC News and Louisville's Courier Journal for his public interview, was shot in the leg in the initial moments of the March 13 raid. Mattingly did not face any charges after Kentucky Attorney General Daniel Cameron said he and another officer were "justified" in returning fire to protect themselves against Taylor's boyfriend.

U.S. vs. Google — the siege begins

Illustration: Sarah Grillo/Axios

The Justice Department fired the starter pistol on what's likely to be a years-long legal siege of Big Tech by the U.S. government when it filed a major antitrust suit Tuesday against Google.

The big picture: Once a generation, it seems, federal regulators decide to take on a dominant tech company. Two decades ago, Microsoft was the target; two decades before that, IBM.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Why the stimulus delay isn't a crisis (yet)

Illustration: Aïda Amer/Axios

If the impasse between House Speaker Nancy Pelosi and the White House on a new stimulus deal is supposed to be a crisis, you wouldn't know it from the stock market, where prices continue to rise.

  • That's been in no small part because U.S. economic data has held up remarkably well in recent months thanks to the $2 trillion CARES Act and Americans' unusual ability to save during the crisis.

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