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CFL BOARD OF GOVERNORS CALL FOR LEAGUE WIDE PAY CUT
Published September 10, 1996
In addressing the situation of two financially troubled teams, the CFL Board of Governors announced plans to cut salaries of league employees by 7.5%, according to Perry Lefko of the TORONTO SUN. CFLPA President Dan Ferrone said players wouldn't take pay cuts, "but would match dollar for dollar whatever amount is generated from the league and teams from six sources of revenue such as per diem, pension dues and playoff money" (TORONTO SUN, 9/10). CFL Commissioner Larry Smith "publicly asked" the union to accept a 5% pay cut as part of a plan aimed to keep the Ottawa Rough Riders and B.C. Lions operating. Ferrone: "There's no chance in hell of us taking pay cuts in any shape or manner." After several pay cuts in recent years, CFL players average about C$45,000 a year. Commissioner Smith, on his own 7.5% cut: "There goes the Christmas presents" (Marty York, Toronto GLOBE & MAIL, 9/10).