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The NFL Is Furloughing League Employees And Reducing Salaries Due To Coronavirus
CNBC ^ | 04/29/20 | Jessica Golden

Posted on 04/29/2020 2:09:24 PM PDT by Enlightened1

In a memo to employees, NFL Commissioner Roger Goodell outlined broad cost-cutting steps across the league.

Goodell has voluntarily reduced his salary to $0 for an undefined period of time.

Other measures include pay cuts for office staff and furloughs, and reductions in contributions to the pension plan.

In a memo to employees, NFL Commissioner Roger Goodell said the league is not immune to the economic consequences of the coronavirus and he’s made the difficult decision to take broad cost-saving measures across NFL offices that includes furloughs, salary cuts and a decrease in contributions to the pension plan.

“It is clear that the economic effects will be deeper and longer lasting than anyone anticipated and that their duration remains uncertain. The downturn has affected all of us, as well as our fans, our business partners, and our clubs,” Goodell said in the memo. 

 The cuts outlined in the memo obtained by CNBC, include a furlough program for individuals who are unable to substantially perform their duties from home and/or whose current workload has been significantly reduced. The changes take effect beginning May 8. 

“It’s important to remember a furlough is not a termination. We do not know how long a furlough will last, but we are hopeful that we will be able to return furloughed employees back to work within a few months,” Goodell said. 

Medical, dental and vision benefits will be fully maintained during the furlough period, according to the memo. The NFL did not respond to a request for comment on how many people the cost-saving measures would impact.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Health/Medicine; Miscellaneous; Sports
KEYWORDS: commieball; coronavirus; employees; furloughing; nfl
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To: KevinB
Yes, I couldn't even begin to describe my mechanical "pong" type game that I had (Marx TV Tennis). I think it was the first time a mechanical game tried to mimic the action of an electronic game.


21 posted on 04/29/2020 3:13:08 PM PDT by Dr. Sivana (There is no salvation in politics)
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To: Bryan24; KevinB
My nephew works for the NFL. According to him, the NFL employs about 300 people. Those people work year-round. There is a lot to do even during the non-season. I haven't yet found out whether he survived the furlough, but I doubt he did.

I recall a few years ago seeing a job posting for a job with the NFL (now that I think about it, may have been with the NFL Players Association) in their benefits department. IIRC, the job entailed assisting players with their retirement and health insurance benefits questions and issues. I seriously considered applying.

Here’s an article from 2017 about jobs with the NFL.

https://www.cbsnews.com/news/where-the-nfls-jobs-are-off-the-field/

John Quinones: We have over 100 positions open today in our offices located in New York, New Jersey and California. We have openings in finance, human resources, information technology, data analytics, youth football, community relations, digital media, engineering, communications, security and production.

22 posted on 04/29/2020 3:21:36 PM PDT by MD Expat in PA (No. I am not a doctor nor have I ever played one on TV. The MD in my screen name stands for Maryland)
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To: llevrok

Lets just say he won’t have any problems making the payments on the wife’s minivan.


23 posted on 04/29/2020 3:36:27 PM PDT by bigdaddy45
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To: eyeamok

I’m waiting for the the people working from home who seem to love the lock down and have no problem extending it so they can “feel safe” to get laid off or furloughed to immediately whine about paying bills.


24 posted on 04/29/2020 3:48:09 PM PDT by matt04
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To: Leaning Right

One of my uncles had a version of that.

I haven’t seen it since the mid 80s.

Whereabouts and condition unknown.


25 posted on 04/29/2020 4:06:51 PM PDT by wally_bert (Transmission tone, Selma.)
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To: Enlightened1

Do the players get paycuts? Didn’t think so.


26 posted on 04/30/2020 5:46:49 AM PDT by oil_dude
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