Back to the Top News Newsfeed

Unchecked: Cut the Checks, Not the Pay

I am not a businessman. Let me get that out of the way. But I have a pretty good innate understanding of public relations. And one thing that isn’t the best idea right now is a billionaire sports team owner cutting salary for workers, especially when they are the first to do so publicly, and in light of the generosity we’ve seen from so many professional athletes.

To that point, The 76ers and Devils announced full-time salary employees will be subject to temporary pay cuts of up to 20% in a move they say is aimed at avoiding layoffs.