ESPN Asks Talent to Take Voluntary Pay Cuts
/With the sports world shut down, ESPN is finding it a tough go and now they are asking some of their top talent to take a 15% reduction in pay over the next three months.
Since the talent have contracts, ESPN can not force them to give back their salary, but they can ask them and that is what they are doing.
“We are asking about 100 of our commentators to join with our executives and take a temporary salary reduction,” ESPN says in a statement sent to Inside Radio. “These are challenging times and we are all in this together.”
Last month, ESPN parent company Disney ordered reduced pay for ESPN executives, with base salaries cut 20% to 30%.
Those reductions are expected to end once things return to normal, whenever that may be.