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NBA Makes Players Save for Retirement
Move comes as some former players experience financial difficulties.
National Basketball Association players, who were paid an average of about $5 million last season, will be forced for the first time to save money for retirement.
Players in the league this past season will receive $34 million, or 1 percent of what the league and union call basketball-related income, to be invested in an annuity, union attorney Ron Klempner said.
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