NFL 2020:
(I wonder if anyone under 40 even knows what that is.)
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.
“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 ...
“Goodell has voluntarily reduced his salary to $0 for an undefined period of time.”
How big of a Democrat Stimulus check did he receive?
Rhetorical- how much does the Commish make?
I would presume these would be employees of the NFL offices themselves and not those of the individual teams whose pay would be determined by the individual teams. Also note this will unlikely affect players unless the work stoppage reaches into the training camp period.
Meanwhile, the Los Angeles Lakers, I’m told, received a $4 million small business loan. :?
$5 mil in base salary. But when the finances get rolled they usually bonus him up to $40 mil.
Good idea..since they are unimportant. Critical are truck drivers and grocery store clerks.
(I wonder if anyone under 40 even knows what that is.)
I had one!
How long until the half of the 40-50 million unemployed as a result of this flu, realize those Jobs Are NOT coming back??
What exactly are these people unable to do? It is the off-season. Goodell is playing politics.
“Goodell has voluntarily reduced his salary to $0 for an undefined period of time.””
And he’s still overpaid.
Yep. Mine never worked either. When I turned it on, some players would vibrate in place. The rest would vibrate over to the sidelines. Didn’t get much downfield action.
I guess the players just weren’t motivated.
“I guess the players just weren’t motivated.”
LOL
Picture all the team mascots in the unemployment line.
Finally getting paid what he's worth?
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 remember that. Put a little piece of felt in the quarterback's hand. It was an incredibly stupid toy, but somehow I loved it for a brief period during my yute. The kids these days don't know how good they have it.
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