Powered by

Ownership of New Jersey Devils, Philadelphia 76ers changes course, will not cut employee pay

Mar 24, 2020 - Washington Post Blogs

Less than 24 hours after its plan to temporarily reduce staff salaries trickled out and led to widespread criticism on social media, Harris Blitzer Sports & Entertainment, which owns the NHL's New Jersey Devils and the NBA's Philadelphia 76ers, changed course Tuesday.

Instead of implementing a temporary payroll reduction of up to 20 percent for all HBSE employees who make more than $50,000 in hopes of avoiding widespread workforce cutbacks amid the novel coronavirus pandemic, the group dec...