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There is good news for former American Basketball Association players who didn’t play long enough to qualify for an NBA pension. Thanks to the work of the Dropping Dimes Foundation, 115 former players will receive a portion of $24.5 million, as agreed to by the NBA’s board of governors. The payments will come from both the NBA and from the National Basketball Players Association, and while it isn’t a pension, it still will serve somewhat like one.
Continue reading “NBA, NBPA agree to pension substitute for aging pension-less ABA players”