Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA Losing Revenue Sharing Could Cut A's Payroll More 'Canes Allowed To Withhold Some Financial Figures TFC Becoming MLS' Premier Franchise? Rockets Hire E-Sports Front Office Exec Orioles To Keep Season-Ticket Prices Flat Blackhawks Reward Fans For Watching At Bars A's Ballpark Talks To Pick Up Pace With New CBA? 76ers Postpone Game Due To Moisture On Court
SBD/October 6, 2011/Franchises
NBA Lockout Watch, Day 98: Grizzlies Send Refund Notices To Ticket Holders
Published October 6, 2011
FEELING THE HEAT: In West Palm Beach, Ethan Skolnick cited sources as saying that members of the Heat’s “basketball operation -- coaches, trainers, scouts, equipment men, media-relations staffers and so on -- were presented with an option last fall.” To “guarantee that they kept their jobs during a potential lockout, the staff members had to accept a 10 percent pay cut from the lockout's July 1 start through Sept. 30.” On Oct. 1, that pay cut “was scheduled to grow to 25 percent through March 31 or until the lockout ended, whichever came first.” The agreement said that the “pay reduction would grow to 50 percent if the lockout continued past March 31, which would surely mean the loss of the entire season.” Sources said that Heat President Pat Riley and coach Erik Spoelstra both “took cuts” (PALM BEACH POST, 10/5).