Employees making over $90,000 will have a percentage of their pay reduced on a graduated basis; the higher the salary, the bigger the cut. The reductions will continue through October 31, the end of the team's fiscal year. In his letter, Middleton stated that he would forego his compensation for the balance of the year.
I know this is standard business practice especially since Middleton is not the sole owner but it still strikes me funny - and highlights the redundancy of paying a managing partner and a president when that job was previously done by one person. I wonder if Bill Giles' "chairman emeritus" position comes with a salary too.
Admirable as it is to not furlough or lay people off, if there's no season (with games to promote and tickets to sell) it is kind of nuts to keep everyone employed. So, it's generous of him, but I'd be more interested to know how the part-time ushers and ticket window workers and parking lot attendants and concession workers (the latter two groups employed by people other than the Phillies) are getting by.
Also, I know some front office and coaching people in sports have taken pay cuts or furloughs. If there's half a season where the players only get half, does that extend to the managers and coaches? Obviously they do not make what the star/veteran players do, but Girardi's full salary will end up dwarfing 50% for Kingery, Hoskins, even Neris.
