Miami Marlins CEO Derek Jeter Forgoing Salary During Pandemic

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Miami Marlins CEO Derek Jeter told team employees during a conference call Monday he is forgoing his salary during the coronavirus pandemic. Other members of the Marlins’ executive team agreed to take pay cuts, while baseball operations personnel will continue to receive their full salaries through at least May 31. The person didn’t specify the figures of the pay cuts.

Major League Baseball spring training was suspended March 12 because of the pandemic. The start of the season, scheduled for March 26, has been indefinitely delayed.

MLB senior staff has taken pay cuts, and budget slashing has allowed the central office to say it will continue to pay its roughly 1,200 full-time and part-time employees through May. Some teams have taken similar stances with their administrative staff.

Source: Marlins CEO Jeter forgoing $5M salary

Via www.espn.com
 

Editorial credit: lev radin / Shutterstock.com

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