Menu
Leagues and Governing Bodies

NFL offering buyouts to longtime employees

The NFL is offering buyouts to roughly a tenth of its more than 1,200 employees, sources said. The league said the buyouts are unrelated to the recent controversies surrounding the sport and league office.

Employees whose age plus years of service at the league equals 70 or more are eligible.

The voluntary buyouts stem from the league’s five-year plan, dubbed Vision 2020. Resulting open positions could then be filled by younger, less expensive talent. Offers were sent out late last month, and there is no plan to make them involuntary.

This “is part of long-term planning to provide fiscal opportunities to employees of long-standing tenure who might want to leave voluntarily,” said league spokesman Brian McCarthy, who confirmed the existence of the offers and stressed that the buyouts do not stem from recent developments.

The NFL headcount encompasses NFL Network and NFL Films.

— Daniel Kaplan


SBJ Morning Buzzcast: May 15, 2024

The W's big night; here come the Valkyries and a major step forward in Jacksonville

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. 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/Journal/Issues/2017/11/06/Leagues-and-Governing-Bodies/NFL-buyouts.aspx

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

https://www.sportsbusinessjournal.com/Journal/Issues/2017/11/06/Leagues-and-Governing-Bodies/NFL-buyouts.aspx

CLOSE