By Dana Malcolm
#USA, June 25, 2022 – Being a player in the NBA is probably one of the most lucrative jobs that one can imagine. Though better players get better salaries those salaries range between 900 thousand dollars for the lowest-paid players to up to 45 million for the highest-paid players but it is the NBA that ultimately decides how high salaries can go.
The total amount of money any team can spend on their players’ combined salaries is set by the NBA. The teams then decide what to pay their lowest and highest-ranked players. For the 22-23 season the cap is $122 million.
For example in the 2021-2022 Champions the Golden State Warrior’s lowest salary will go to Shaun Livingston, a guaranteed $1,333,332. Their highest salary will go to Stephen Curry, a guaranteed $45,780,966. This is in addition to sponsorship deals that can rake in millions of dollars for in-demand players.
In the WNBA 2021-2022 season, Brittney Griner earned a base maximum salary (without sponsorships) of $221,450. That is the highest salary in the WNBA. One of the best players in the league, Griner is paid four times lower than an NBA rookie.
This is true for women across the board, including the Bahamas’ Jonquel Jones. Jones is one of the highest-paid players in the WNBA and is regarded as one of the most prolific. Her salary is 208,000 per year.
Recently Griner was arrested in Russia for a small quantity of marijuana; she was there because she outsourced herself to the Russian team UMMC Ekaterinburg to have a chance at earning more money.
Grand Bahama’s Jonquel plays for the same team and says she can’t turn her back on the international leagues because the salary is just not comparable. Two months ago she expressed the stress of traveling through Russia on Twitter.
“Just landed in Turkey and all I want to do is cry. That situation was way more stressful than I realized. Thank you God for always watching over and protecting me.”
Despite playing in China and Korea she said she never felt unsafe until the war describing it as “unprecedented.”
Despite the stress and danger, she told ESPN she was just going to have to deal with it.
“While the [WNBA] is making the right and necessary strides to pay us more and ensure that if we don’t want to go overseas, we don’t have to, I just feel like in my situation, the money is not comparable. I have to think about the financial status of my family and everybody else, and also the opportunities that I’m leaving if I don’t go.”
Remembering Griner Jones said “I’ve been looking at these pictures that I have on my phone, the last set of pictures I took with her we were going to Valencia or wherever. We were all just joking and laughing around and stuff, and it’s just crazy how fast things can change.” While she has hope things will change she says it probably won’t be in her playing years. For context, Jones and Curry are both power forwards.
In 63 appearances in 2020-21. Stephen Curry averaged 32.0 points, 5.8 assists, and 5.5 rebounds. In 17 appearances in the same year, Jones has averaged 15.1 points, 9.4 rebounds, and 1.9 assists. The men’s league plays over 1000 matches per year. The women play under 300 WNBA and NBA players are comparable in talent so why is the pay so low?
Viewership plays a major role. More people watch the men’s games than women’s games, millions more which means a lot more money for the NBA. But this is not the only reason.
“The president of the WNBA thinks that one of the reasons men are paid more than women is that 50 percent of the NBA’s revenue is shared between the league and the players; however, there is about an 80-20 split for the WNBA. This means that the players only receive about 20% of the WNBA’s total revenue” says one academic paper done on the wage disparities in 2020. The study also referenced the 1,230 games men play each season compared to the women’s 204.
The WNBA has quality players with star value just like the NBA. The issue of lower revenues can be solved in great part, by better publicity, more games on the roster and lower age ranges for players.
Drumming up excitement, seeking out sponsorship deals, greater publicity, and all-star face-offs between the NBA and WNBA are all genuine possibilities that could prove instrumental indrawing tv viewership and courtside attention.
Until then stars like Griner and Jones will continue to relentlessly outsource themselves and play all year round for a piece of the pie their male counterparts take home in a single season.
PRESS STATEMENT: MINISTRY OF EDUCATION
#TurksandCaicos, January 27, 2023 – The Ministry responsible for Education confirms that a recent report of alleged sexual abuse was brought to the attention of authorities at a particular school. For the protection of the child, we will not divulge details of this matter. We do acknowledge that there were issues experienced which resulted in less than appropriate response to the incident.
The Ministry is continuing its investigation of the incident, in its totality and has since requested a comprehensive report on the response from all involved. Several meetings, visits and discussions were held. The key is to ensure that the minor involved is afforded additional counselling and care and that other students within the institution are also afforded the relevant support needed. The Student Support Services has been active in coordinating this response which is currently in operation.
As an immediate further action, the Multi-Agency Safeguarding Hub (MASH) entities will convene and existing protocols will be reviewed and investigations conducted to determine the consistency of the response, exactly where the established protocols were not followed and the subsequent actions to be taken.
The Ministry of Education, Youth, Sports and Social Services considers its responsibility for the Safeguarding of children of utmost importance. In so doing, the Ministry of Education has instituted a number of measures over the years to ensure that allegations of abuse to children in schools are treated with urgency. The creation of the Multi-Agency Safeguarding Hub (MASH) was created to ensure that teachers, leaders, Social Workers, and Police can respond to allegations with the child’s safety and protection as the core consideration. Child safeguarding remains the Ministry’s primary concern.
Turks & Caicos Islands Cabinet Report, Meeting held January 10
#TurksandCaicos, January 26, 2023 – His Excellency the Governor, Nigel Dakin, chaired the 1st meeting of Cabinet on Tuesday 10 January 2023 at the Premier’s Office on Providenciales.
All Members were present.
At this meeting Cabinet:
- Approved the Fiscal Strategic Policy Statement (FSPS) 2023-27 which includes the fiscal targets of the Government for the next four (4) years to be submitted to the UK Government before being submitted to the House of Assembly for approval. Members also agreed a wide range of associated steps going forwards.
- Approved an application for duty concessions on the importation of construction materials, furniture, fixtures and fittings from Grace Bay Club Ltd. to allow the resort to complete refurbishment work.
- Approved an extension and revision to the MOU between the TCI Government and TCI Finance Limited, which leads on the development and growth of Financial Services in the Turks and Caicos Islands.
- Approved adjustments to the Agriculture Finance Support Programme (Agro- Grant Incentive) for the provision of compensation for registered farms that incurred damages due to Hurricane Fiona in 2022. Members also supported the adoption of a “Farmer Information System”.
- Approved proposed measures to control the roaming of livestock in the country covering the registration of livestock farms, construction and maintenance of holding facilities, and the transport of livestock.
- Approved a proposed model and structure for the New Destination Management and Marketing Organisation and Tourism Regulatory Authority. Members also approved an implementation process, the composition of the appointed Board of Directors, staffing implications, and a financing model, including the establishment of Tourism Improvement Districts and the payment of fees by tourism entities.
- Approved amendments to the Schedule of the Ports Authority (Stevedorers, Fees, and Charges) Regulations 2008, introducing a variation of stevedoring tariffs. Members also agreed next steps.
- Noted the impact of the moratorium on the issuance of new visas to Hattian nationals originating out of Haiti and approved the implementation of a moratorium on the issuing of all visas to Haitian Nationals entering the Turks and Caicos Islands for six months with effect from 11 January 2023.
- Approved the granting of a licence to a named individual for the purpose of erecting a swim deck protruding from the Crown parcel 60400/366 into the adjoining sea and the payment of associated annual fees.
- Approved the renewal of a lease for the rental of office space for the Government’s Planning Department on Providenciales for a period of three years.
- Discussed the renewal of a lease for the rental of office space for the Government’s Gender Affairs and Social Development Departments on Grand Turk and agreed next steps.
- Approved the use of existing funds for the use of retrofitting the Turks and Caicos Islands Community College.
- Approved the gradual outsourcing of janitorial services for government buildings, including schools.
- Approved the observance of Public Holidays on 8 May 2023 to mark the King’s Coronation and on 19 June 2023 to mark the King’s Birthday.
- Was updated on issues related to the Ministries of:
- Education, and
- AG Chambers,
- Office of the Deputy Governor, and
- Office of the Governor
Further information on these matters will be provided by Ministers in due course.
JAMAICA: Multibillion-Dollar Shipyard Project Launched
#Kingston, Jamaica, January 23, 2023 – Economic opportunities are expected to abound for Jamaica, through the establishment of a multibillion-dollar ship repair and maintenance facility in the country.
Called the German Ship Repair Jamaica (GSRJ) Shipyard, the project will provide dry docking (lifting the ship out of the water) for commercial vessels up to 20,000 tons, and a range of maintenance and repair services to vessels operating in and around the Caribbean and Central America.
Phase one of the project, which is to be completed by October/November this year, is being undertaken at an overall cost of nearly $6 billion (or US$37 million), with financial partner Sagicor Bank committing to half of this amount as a bank loan. This will see the first floating dry dock, JAM-DOCK 1, becoming operational.
Prime Minister, the Most Hon. Andrew Holness, who delivered the main address at Tuesday’s (January 24) launch at the Kingston Harbour along the Sir Florizel Glasspole Highway, said that “this project will earn foreign exchange”.
“It will provide high-quality jobs, and it will contribute greatly to the prosperity of our country,” he added.
Mr. Holness noted that the development will contribute to the positioning of Kingston Harbour as a global logistics hub, pointing out that each year, Jamaica receives approximately 3,000 port calls while approximately 180,000 vessels operate within the region.
“With the investments that are being made in improving Kingston as a logistic hub, we are certain that we have now closed one of the major gaps that have existed and that more ships passing through the region will be inclined to come to Jamaica,” he said.
For his part, GSRJ Limited Chief Executive Officer (CEO), Colonel Martin Rickman, said that the project “represents a new industry for Jamaica with great opportunities for other spin-off businesses, hence even contributing more to the economy”.
He pointed out that Jamaica’s “excellent geo-strategic location” makes the country particularly suitable for having a shipyard.
Detailing the specific operations of the facility, Colonel Rickman explained that “we here at GSRJ Shipyard will be able to lift that ship out of the water to conduct many types of work on the hull, the propeller, engine repairs and the entire nine yards, so this is significant for us”.
By international maritime law, all ships are required to be dry-docked to check for safety and integrity once every five years and attain class certification.
The CEO said that the training component of the project is crucial to enable workers to meet the international standards to carry out the required operations.
He informed that some persons have already been trained.
In his remarks, President and CEO of Sagicor Group, Christopher Zacca, said that as lead arranger, the organisation is “confident that this new development will make a significant impact on the country’s shipping industry while also contributing to our productive economy”.
“We want all Jamaicans to share the vision of the stakeholders; this is a big deal for Jamaica and we want Kingston to have the leading ship repair and servicing port in the Caribbean,” Mr. Zacca said.
The GSRJ’s partners include Harren and Partner Group, Germany; Kingston Holding, Jamaica; Kloska Group, Germany and HAT-SAN Shipyard, Turkey.
Government agencies involved in the project are the Development Bank of Jamaica (DBJ), the National Land Agency (NLA), National Environment and Planning Agency (NEPA), the Attorney General’s Department, and others.
Several private-sector entities are also involved in making the project a reality.
The GSRJ started business in Jamaica in 2016 with the intention to build a ship-repair facility at the Kingston Harbour to boost employment and introduce the country to viable economic activities in the shipping and maritime industry.
Contact: Mickella Anderson
FIND US ON FACEBOOK
Health5 days ago
PAHO platform brings health monitoring of chronic diseases to remote populations
Government1 week ago
New Youth Ambassadors to CARICOM Named for Turks & Caicos Islands
Caribbean News1 week ago
JAMAICA: Dr. Tufton Urges Continued Take-Up of Covid-19 Vaccines
Crime1 week ago
Tech and Cybersecurity: The Crime of Skimming
Caribbean News1 week ago
JAMAICA: UNICEF Receives CAN$70 Million to Boost Vaccine Access and Take-Up
Caribbean News4 days ago
Trinidad and Tobago gets a new president, the second woman to be elected to the position
Caribbean News6 days ago
Long Stay Tourist Arrivals Up over 40% says TCIAA
Bahamas News5 days ago
The first IHOP in the Caribbean to open its doors in February; destination Bahamas