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SPORTING CHANCE - Kevin Durant - Nikola Jokic - Restudying salary caps - philstar.com - state Indiana

Restudying salary caps

In the NBA, there are soft salary caps where teams may avail of exceptions to exceed limits but a luxury tax is imposed if so-called aprons are breached. The formulas of exceptions are complicated and the computation of a luxury tax is just as complex. A player may negotiate a contract with no individual cap but the restriction is the team’s salary limit of $136 million this season. Among the NBA’s 30 teams, only three are paying under the cap – Charlotte, Orlando and Indiana, meaning 27 franchises are exercising exceptions or paying the luxury tax to the league.

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SPORTING CHANCE - NBA learns from PBA - philstar.com - New York - state Indiana - county Dallas - state Minnesota - city Boston - city Chicago - city New Orleans

NBA learns from PBA

The PBA has adopted several rules from the NBA playbook but it’s far from a one-way street. When the NBA instituted the play-in system two years ago, it introduced the double-chance system which is actually the twice-to-beat advantage that’s been long in effect in the PBA. And when the NBA rolled out the in-season tournament this year, it brought in the concept of the quotient which has also been an age-old practice in breaking ties in the PBA.

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Benjamin Acorda-Junior - Victor Reyes - IAS Inspector General suspended for 6 months over sexual harassment case - malaya.com.ph - region Davao - city Quezon

IAS Inspector General suspended for 6 months over sexual harassment case

THE PNP has enforced the six-month suspension order against PNP Internal Affairs Service (IAS) Inspector General Alfegar Triambulo, who was suspended without pay by the Ombudsman over a sexual harassment case.

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Meralco owes its customers P150B in refunds – ex-ERC chief - manilatimes.net - city Manila

Meralco owes its customers P150B in refunds – ex-ERC chief

A FORMER commissioner of the Energy Regulatory Commission (ERC) said power distributor Manila Electric Co. (Meralco) should refund its customers P150 billion and cut power rates after the government regulator re-computes its weighted average cost of capital (WACC).

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Meralco owes P150B in refunds: Ex-ERC commissioner - malaya.com.ph - city Manila

Meralco owes P150B in refunds: Ex-ERC commissioner

A FORMER commissioner of the Energy Regulatory Commission (ERC) said the Manila Electric Company (Meralco) should refund its customers a total of P150 billion after regulators re-compute its weighted average cost of capital (WACC).

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Elizabeth Marcelo - Jean Fajardo - PNP-IAS chief gets six-month suspension for sexual harassment - philstar.com - Philippines - county Camp - city Quezon - city Manila, Philippines

PNP-IAS chief gets six-month suspension for sexual harassment

MANILA, Philippines — The Office of the Ombudsman has ordered the six-month suspension without pay of lawyer Alfegar Triambulo, inspector general of Philippine National Police-Internal Affairs Service (PNP-IAS) in connection with a sexual harassment complaint filed by his subordinate, a certain Genevieve Lipura.

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Peter Tabingo - COA finds contract splitting, excess cost in CIAC’s procurement of computers - malaya.com.ph

COA finds contract splitting, excess cost in CIAC’s procurement of computers

A COMPLIANCE audit on the Clark International Airport Corp. (CIAC) has flagged the procurement of 22 desktop and laptop computers in August and December 22 for “contract splitting” and excessive cost per unit of the 12 laptops purchased without public bidding.

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Jesus Crispin Remulla - Pia LeeBrago - Teresita Daza - DFA suspends Philippiens e-visa system in China - philstar.com - Philippines - China - city Manila, Philippines

DFA suspends Philippiens e-visa system in China

MANILA, Philippines — The operations of the Philippine e-Visa System in China are suspended until further notice, the Department of Foreign Affairs (DFA) said yesterday.

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