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TigerinATL
New Orleans Pelicans Fan
Member since Feb 2005
52197 posts

Sixers Staff being asked to accept paycuts
quote:

Adrian Wojnarowski @wojespn 41m

Members of Sixers coaching staff and front office on contracts have until Thursday to agree to 20 percent salary reduction, sources tell ESPN. Among many so far, there's apprehension on committing to giving back money -- especially with uncertainty surrounding employment futures.

Only at-will employees -- over $50K a year in salary -- are required to accept the Sixers salary reductions. Those under contract are needed to "volunteer" to do it.


THRILLHO
New Orleans Pelicans Fan
New Orleans, LA
Member since Apr 2006
48000 posts

re: Sixers Staff being asked to accept paycuts
quote:

Those under contract are needed to "volunteer" to do it.




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330
Ryan3232
LSU Fan
Valet driver for TD staff
Member since Dec 2008
20599 posts

re: Sixers Staff being asked to accept paycuts
If it’s basically a donation to other employees of the organization/arena, youd potentially expect them to step up. If it’s just because the owner is losing some money, then frick him.


saintsfan22
New Orleans Pelicans Fan
baton rouge
Member since May 2006
53225 posts

re: Sixers Staff being asked to accept paycuts
quote:

If it’s basically a donation to other employees of the organization/arena, youd potentially expect them to step up. If it’s just because the owner is losing some money, then frick him.

Either way it's because the owner wants to lose less money.


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210
cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
20665 posts
 Online 

re: Sixers Staff being asked to accept paycuts
quote:

Sixers ownership statement to ESPN: ''....After listening to our staff and players, it's clear that was the wrong decision. We have reversed it and will be paying these employees their full salary."



TotesMcGotes
Virginia Fan
New York, New York
Member since Mar 2009
24717 posts

re: Sixers Staff being asked to accept paycuts
“After the PR disaster of a billionaire trying to save maybe a few million at the expense of his employees, we’ve decided to rethink our position.”


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130
JohnnyKilroy
New Orleans Pelicans Fan
Cajun Navy Vice Admiral
Member since Oct 2012
24019 posts

re: Sixers Staff being asked to accept paycuts
I seriously don't understand this shite. It's such a PR loser to do this and it's such a PR winner to make it known that everyone will be covered in full.


The PR hit, I have to believe, will be wayyyy more costly than the salaries paid during this time.


kpop1
New Orleans Pelicans Fan
Member since Jan 2018
784 posts

re: Sixers Staff being asked to accept paycuts
So you think that the Sixers are jumping the gun and that they should take more time to assess financially what will be the impact of a long term period of zero income coming in?

Unemployment numbers are coming out on Thursday. It is not going to be good. Drastic times call for drastic measures.



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JohnnyKilroy
New Orleans Pelicans Fan
Cajun Navy Vice Admiral
Member since Oct 2012
24019 posts

re: Sixers Staff being asked to accept paycuts
quote:

So you think that the Sixers are jumping the gun and that they should take more time to assess financially what will be the impact of a long term period of zero income coming in?


We preach fiscal responsibility for individuals so that they can be prepared in times of financial distress. For some reason billion dollar enterprises with relatively low overhead are exempt from that line of thinking apparently.

And who says there will be long term 0 income coming in? The league hasn't folded last I checked.


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81
the LSUSaint
LSU Fan
Member since Nov 2009
11922 posts

re: Sixers Staff being asked to accept paycuts
quote:

seriously don't understand this shite. It's such a PR loser to do this and it's such a PR winner to make it known that everyone will be covered in full.


The PR hit, I have to believe, will be wayyyy more costly than the salaries paid during this time.


frick that. They are in business to make money. Not having to work and no crowds or revenue being generated, why should it be full pay?
The fricking loser players bargain for higher cuts, but when revenue falls, they all run amd hide and want full everything.
Let em quit if I'm the owner. There are plenty of coaches that would BEG for 80% of what those overpaid coaches get.

This shite will be in all contracts going forward...just watch


JohnnyKilroy
New Orleans Pelicans Fan
Cajun Navy Vice Admiral
Member since Oct 2012
24019 posts

re: Sixers Staff being asked to accept paycuts
quote:

frick that. They are in business to make money. Not having to work and no crowds or revenue being generated, why should it be full pay?
The fricking loser players bargain for higher cuts, but when revenue falls, they all run amd hide and want full everything.
Let em quit if I'm the owner. There are plenty of coaches that would BEG for 80% of what those overpaid coaches get.

This shite will be in all contracts going forward...just watch


Ok Dan Snyder


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30
RUFshreve
LSU Fan
Shree'pote
Member since Jul 2016
724 posts

re: Sixers Staff being asked to accept paycuts
quote:

frick that. They are in business to make money. Not having to work and no crowds or revenue being generated, why should it be full pay?
The fricking loser players bargain for higher cuts, but when revenue falls, they all run amd hide and want full everything.
Let em quit if I'm the owner. There are plenty of coaches that would BEG for 80% of what those overpaid coaches get.

This shite will be in all contracts going forward...just watch



This post was edited on 3/25 at 3:31 am


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20
Jester
New Orleans Pelicans Fan
Baton Rouge
Member since Feb 2006
31677 posts

re: Sixers Staff being asked to accept paycuts
quote:

frick that. They are in business to make money. Not having to work and no crowds or revenue being generated, why should it be full pay?
The fricking loser players bargain for higher cuts, but when revenue falls, they all run amd hide and want full everything.
Let em quit if I'm the owner. There are plenty of coaches that would BEG for 80% of what those overpaid coaches get.

This shite will be in all contracts going forward...just watch



Bruh. The lost revenue from this year will affect the cap numbers in future years. You don't understand the CBA.


the LSUSaint
LSU Fan
Member since Nov 2009
11922 posts

re: Sixers Staff being asked to accept paycuts
quote:

Bruh. The lost revenue from this year will affect the cap numbers in future years. You don't understand the CBA.


The coaches salaries are NOT affected by the cap...that's what I'm saying.
As for players, the current contracts are not affected either.

So the owners are fricked with no revenue....hell, does the TV money still come in?
This post was edited on 3/25 at 9:59 am


TigerinATL
New Orleans Pelicans Fan
Member since Feb 2005
52197 posts

re: Sixers Staff being asked to accept paycuts
quote:

So the owners are fricked with no revenue....hell, does the TV money still come in?


We know that the number of playoff games impacts the salary cap and in years with lots of sweeps the cap went down from projections. So I would guess that the TV money is at the very least greatly reduced if they aren't giving them playoff games to broadcast.

The local TV money might be different though. I think part of why the Pels have really pushed the rewatches of games on FSNO so hard with an upper management dog and pony show is because FSNO has to pay out anyway.


FMtTXtiger
Member since Oct 2018
772 posts

re: Sixers Staff being asked to accept paycuts
if you are not on a million dollar contract that's ridiculous.


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