Menu
Leagues and Governing Bodies

NBA cuts 114 jobs at league office

The NBA has confirmed that it has cut 114 jobs, or about 11 percent of its workforce, at its league office.

NBA spokesman Mike Bass said the layoffs are part of a $50 million cost-cutting effort by the league. "The layoffs are not a direct result of the lockout but rather a response to the same underlying issue, that is the league's expenses far outpace our revenue," Bass said.

The cuts are across all areas of the NBA's business, but not all departments had layoffs. The league has also shut its Tokyo and Paris offices and shuttered a studio at its Secaucus, N.J., offices.

The NBA last had a layoff in 2008 when the league office cut about 80 jobs.

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2011/07/14/Leagues-and-Governing-Bodies/NBA-layoffs.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2011/07/14/Leagues-and-Governing-Bodies/NBA-layoffs.aspx

CLOSE