With the NBA season in limbo due to the coronavirus pandemic, the league is planning to increase its credit line in order to increase cash flow while games aren’t played.
According to ESPN’s Adrian Wojnarowski, the NBA is planning to raise its credit line up to $US1.2 billion ($A2 billion); nearly double the previous line of $US650 million.
That plan was discussed with the NBA Board of Governors, who met again for a call categorised as an “update” on the pandemic and the league’s response.
Among the speakers addressing team owners was former Surgeon General Dr. Vivek Murthy, who served during President Barack Obama’s second term and discussed the U.S. response to the virus.
Per Wojnarowski, Murthy “further convinced owners that there could be no [league] resumption before June — if that is even possible”.
Adam Silver and the NBA suspended the season indefinitely last week after Rudy Gobert tested positive for COVID-19.
Including Gobert, there are now seven confirmed cases of the coronavirus among NBA players. Kevin Durant became the biggest name in the league to test positive, with four Brooklyn Nets players in total diagnosed with the virus.
The Nets added all players and members of their travel party are being asked to remain isolated and closely monitor their health.
Brooklyn last played on March 10 (March 11 AEDT) in Los Angeles, beating the Lakers.
Durant was in Los Angeles for the Nets’ game against the Lakers, but was not in San Francisco for the game against the Warriors, his former club.
“I saw that news,” Warriors coach Steve Kerr said of the Nets’ positive tests while speaking on a conference call. “I’m hoping none of our players went and hung out with guys the night before our game. I don’t know if that’s the case or not.”
Kerr added that he didn’t need to be convinced that suspending the season was the correct decision.
“I think everything that’s happened since the league shut down was enough proof that we did the right thing, that the NBA did the right thing and that we need to follow the advice of the experts out there and everybody’s got to do their part,” Kerr said.