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Financial Incentive

All articles tagged with #financial incentive

sports2 years ago

"NBA Coaches to Receive Compensation for Progressing in In-Season Tournament"

NBA coaches will now receive financial incentives from a prize pool for advancing in the in-season tournament. The head coach of the winning team will be awarded $500,000, while assistant coaches will share 75% of the winning coach's total. The prize pool will decrease based on advancing to become the tournament runner-up, semifinalist, and quarterfinalist. The idea of incentivizing coaches with bonus money was discussed with commissioner Adam Silver, and the structure was ultimately implemented. The tournament aims to generate revenue and increase interest and viewership in the regular season.