Report: NBPA proposes using league's future TV revenue to fund ex-players' health insurance

The National Basketball Players Association (NBPA) is hoping to take care of its players - even if said players are years removed from their playing days.

Yahoo Sports' Adrian Wojnarowski reported Monday that the NBPA is proposing to use millions of dollars from its share of the league's new television deal to cover health-care insurance costs for former players.

The players' union reportedly plans to allot $10 million to $15 million per year in order to assist with health-care expenses incurred by the league's ex-players.

The proposal will be voted on by the union's 30 player representatives at the NBPA's next membership meeting, July 20 in Las Vegas.

Working under the assumption that the proposal will be approved swiftly, part of the preparation process has included researching the names and addresses of about 1,500 former players. These ex-pros may be offered three separate health-care options, as per the union's plan.

The new TV deal is set to take effect in 2016, and will yield about $2.7 billion for the league in the first year of a nine-year pact. As a result, teams and players alike will see a dramatic increase in their annual revenues and salaries.