LaVar will pay JBA players $3K per month, percentage of jerseys sales
Players suiting up in LaVar Ball's new Junior Basketball Association will earn a decent amount of change this summer.
The Big Baller Brand CEO announced Friday that the NCAA-alternative league will pay players a monthly salary of $3,000 and 60 percent of the proceeds from their jersey sales.
LaVar confirms paying all current JBA players $3,000 per month. They will also receive 60% from Jersey sales.
— Big Baller Brand Media (@theballera) June 15, 2018
Therefore, if a player sells 1,000 jersey that’s an easy extra $48,000 in their pocket. Not to mention, the other opportunities for endorsements.
Among those competing in the JBA is the youngest Ball brother, LaMelo, who signed his contract Monday. LaVar has said he wants LaMelo to be "the face" of the league.
LaMelo Ball has signed his JBA CONTRACT 💰 @MELOD1P @bbbjbaleague pic.twitter.com/pHbU7EeZbR
— Overtime (@overtime) June 11, 2018
The JBA opens its season June 21 in Ontario, Calif.