[Seravalli] Oilers announce temporary staff reduction of 139 employees, as well as a compensation rollback for all continuing staff working from home. Team says a new fund ensures those laid off will receive 75-90% of their pay. Senior hockey and business executives forego 50-100% of pay.
Posted Mar 30, 2020, 10:06 PM UTC
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I think that last sentence speaks volumes. The big earners could continue to earn big paycheques, but they're willing to make a significant sacrifice themselves to help out the little fish. Kudos OEG. Best of luck to all those involved.
I wonder if the other big earners in this equation - eg. the players - will take the cue and start making sacrifices, too. Barcelona players already did and Messi is on a $90M/year contract..
Different kind of contracts the cap and the 50% of the total revenue will result in that they will get lesser salary.
Players will still be paid through the remainder of the regular season as