|
Multiple outlets reported the terms of the
widespread pay reduction confirmed by a memo sent to teams on
Wednesday. The NFL reductions include furloughs for employees
who will still receive full medical benefits.
"We hope that business conditions will improve and permit
salaries to be returned to their current levels, although we do
not know when that will be possible," Goodell wrote in the memo.
Goodell's salary is no longer public record due to a change in
tax status for the NFL. His last confirmed salary plus
incentives was more than $40 million.
Salary reductions take effect in May and include manager-level
staffers accepting a reduction of 5 percent, director pay
trimmed by 7 percent and 10 percent for vice presidents. Senior
vice presidents are taking a 12 percent reduction and executive
vice presidents lose 15 percent.
Any employee with a base salary of less than $100,000 is not
impacted by the reduction and the NFL determined it would not
lower any salary below $100,000 as a result of these reductions,
the memo said.
Furloughed employees are primarily based in the NFL's New York
offices. Goodell wrote in the memo the league is not certain
when those employees might return.
"We do not know how long a furlough will last, but we are
hopeful that we will be able to return furloughed employees back
to work within a few months," he wrote.
--Field Level Media
[© 2020 Thomson Reuters. All rights
reserved.] Copyright 2020 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
 |
|
