Menu
Coronavirus and Sports

Sources: Cubs Latest Team To Implement Pay Cuts For Employees

Cubs employees will be "taking pay cuts and have been guaranteed employment through at least the end of June," according to sources cited by ESPN's Jeff Passan. A majority of the cuts "will be for 15% or less" (TWITTER.com, 5/20). In Chicago, Paul Sullivan reported employees in the baseball operations and business operations departments and those with uniform employee contracts -- which "includes manager David Ross and his coaches, scouts, minor-league managers and coaches and other non-playing personnel -- are all affected by the salary reductions." A source said that the percentage of the cuts vary, with "higher-salaried employees receiving cuts of up to 35%" (CHICAGO TRIBUNE, 5/21). THE ATHLETIC's Patrick Mooney reported "roughly two-thirds of Cubs employees" will see a pay reduction of 15% or less. The Cubs reductions come after the Reds last week announced that they "will institute pay cuts as well as furloughs that involve less than" 25% of the franchise's employees. The Angels also have "begun informing baseball operations employees that furloughs will be enacted after June 1." The Marlins "will furlough 90-100 baseball operations employees on June 1" (THEATHLETIC.com, 5/20).

SBJ Morning Buzzcast: April 22, 2024

Pegulas eyeing limited partner; The Smiths outline their facility vision; PWHL sets another record and new investments in women's sports facilities

NBC Olympics’ Molly Solomon, ESPN’s P.K. Subban, the Masters and more

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Molly Solomon, who will lead NBC’s production of the Olympics, and she shares what the network is are planning for Paris 2024. Later in the show, we hear from ESPN’s P.K. Subban as the Stanley Cup Playoffs get set to start this weekend. SBJ’s Josh Carpenter also joins the show to share his insights from this year’s Masters, while Karp dishes on how the WNBA Draft’s record-breaking viewership is setting the league up for a new stratosphere of numbers.

SBJ I Factor: Gloria Nevarez

SBJ I Factor features an interview with Mountain West Conference Commissioner Gloria Nevarez. The second-ever MWC commissioner chats with SBJ’s Ross Nethery about her climb through the collegiate ranks. Nevarez is a member of SBJ’s Game Changers Class of 2019. Nevarez has had stints at the conference level in the Pac-12, West Coast Conference, and Mountain West Conference as well as at the college level at Oklahoma, Cal, and San Jose State. She shares stories of that journey as well as how being a former student-athlete guides her decision-making today. 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/2020/05/21/Coronavirus-and-Sports/Cubs.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/2020/05/21/Coronavirus-and-Sports/Cubs.aspx

CLOSE