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Today’s news that the NFL’s salary cap has jumped to $255.4 million per team comes as the NFL is still trying to save costs by cutting the salaries of Big Shield employees.
As reported in early January, sports business journalthe league offered buyout packages to 200 employees. Expiration date is late February.
The end of February has arrived. If not enough employees choose to leave, the next step may be to involuntarily reduce the workforce. At a time when the NFL is making more money than ever before.
Well, any business can be made more efficient. Any company can reduce costs. But in the NFL, you don’t have to work hard to make ends meet. Eddie Murphy once said: “The end is meeting like Muzaf Ka.”
That doesn’t stop the NFL from trying to rein in people who have been good, loyal employees by giving them free money and inducing them to quit. Employees who are ultimately fired are likely to receive similar offers in exchange for waiving their legal rights.
In any case, this is not something a successful company that pays its CEO well over $60 million a year should do. The roster of employees, as previously configured, should be sufficient without having to lay off many employees or expect others to fill the gaps in their place.
Until it was time for them to leave too.
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