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ESPN Seeks Pay Cuts From Top On-Air Personnel – Variety

ESPN Seeks Pay Cuts From Top On-Air Personnel – Variety

ESPN, struggling to maintain recent programming on its schedule with dwell sports activities sidelined by the coronavirus pandemic, is asking a few of its best-known personalities to take pay cuts. “We’re asking about 100 of our commentators to affix with our executives and take a brief wage discount. These are difficult occasions and we’re all

Kelvin Farr
News
Apr 14, 2020

ESPN, struggling to maintain recent programming on its schedule with dwell sports activities sidelined by the coronavirus pandemic, is asking a few of its best-known personalities to take pay cuts.

“We’re asking about 100 of our commentators to affix with our executives and take a brief wage discount. These are difficult occasions and we’re all on this collectively,” the Disney-owned sports-media large mentioned in an announcement. Sports activities Enterprise Journal beforehand disclosed the cuts.

The wage reductions are prone to have an effect on the community’s highest-paid commentators. ESPN is looking for cuts of 15%, and would embody three months of pay cycles, in accordance with an individual accustomed to the matter. Executives hope the pay cuts will tamp down a necessity for brand new furloughs, and hold paychecks intact for lower-paid ESPN workers who don’t earn the varieties of salaries that the big-name personalities do.

Extra to come back…

Kelvin Farr | Crypto and Finance expert.

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