According to the government’s annual document filed with the U.S. Department of Labor covering the fiscal year ending Sept. 30, Tamika Tremaglio, who left her position as head of the National Basketball Players Association in November, made$ 3.1 million in earnings last year. Additionally, she was given “disbursements for formal business” of$ 152, 889.
According to the government’s earlier LM2 processing, Tremaglio assumed the position of executive chairman of the NBPA on January 10, 2022, and during her first nine months on the job, she earned$ 1.71 million. As the coalition and group negotiated a fresh collective bargaining agreement in 2023, her pay bump occurred. With more than 150 players expected to earn at least$ 10 million this season, led by Stephen Curry at$ 51.9 million, the agreement reached in April largely preserved the status quo that has helped franchise values soar to an average of$ 4 billion.

Tremaglio was replaced by Andre Iguodala, a 19-year NBA veteran, who is anticipated to take over temporarily.
General counsel Ron Klempner ($ 743, 750 ), COO Irumire Okhumale ($ 722, 667 ), CFO Gary Arrick ($ 888, 920 ), chief legal officer Clarence Nesbitt ($ 845, 000 ), and chief player engagement officer Chrysa Chin ($ 753, 250 ) were additional top earners at the union. Tremaglio’s replacement, Michele Roberts, received$ 461, 538 in delayed pay during the fiscal year.
The entire liabilities of the union increased by 78 % in 2022. The majority of the increase was related to the player licence income that was withheld, which is typical prior to CBA negotiations as unions prepare a “war chest” in case of lockout. After a deal is reached, the cash is usually given to the people. However, liabilities rose by 14 % to$ 248 million once more in 2023. The majority of the responsibilities still involve cash owed to people, which increased from$ 119.9 million to$ 222.3 million. Net assets decreased by almost 50 % to$ 11 million, with liabilities higher and total assets down 16 % to$ 359 million.
Regarding the statement, the coalition declined to comment.
Although the amount of money owed to players increased during the fiscal year, almost all of them did receive a$ 425,600 payment that was categorized as” Rebate of Excess Dues 21- 22 .”
Additionally, according to the filing, the coalition split the capital it had acquired from Fans in 2021 into two new fanatical entities: Fanats Items Holdco, Inc. and Fanastics Holdings. The price is now” no determinable,” according to the union.
with Daniel Libit’s monitoring.