With no games to play, revenue isn’t coming in at the same rate for sports teams and leagues. As a result, the NHL has taken the step to temporarily cut the pay of its employees, according to a report from ESPN’s Emily Kaplan.
The NHL is cutting the pay of league office employees by 25% starting April 1. The NHL last played games on March 11. According to Kaplan’s reporting, the league is hoping this will prevent layoffs.
While the NHL is the first league to take such a step, the New Jersey Devils and Philadelphia 76ers, which are under the same ownership, put in place something similar.
Contracted employees, such as members of the Sixers' coaching staff and front office, have also been asked to participate in the program but cannot be forced to do so, according to a person briefed on the situation who was not authorized to discuss it publicly— Marc Stein (@TheSteinLine) March 23, 2020
More of these types of moves could be coming, although the likely backlash is part of the decision-making process.
Other NBA owners are watching Sixers and weighing the PR fallout vs. desire to do the same with salary reductions -- including some considering furloughs, staff cutbacks, etc. No owner wants to log into Twitter and see his net worth trending after announcing this kind of news.— Adrian Wojnarowski (@wojespn) March 24, 2020