The Sixers have instituted a temporary salary reduction of up to 20 percent for at-will employees making more than $50,000 starting on April 15th through the end of June, per Marc Stein of The New York Times.
The 76ers are owned by Harris Blitzer Sports & Entertainment, which also owns the New Jersey Devils of the NHL.
Contracted employees, such as members of the Sixers’ coaching staff and front office, have also been asked to participate in the program, but cannot be forced to do so. General manager and former No. 1 overall NBA Draft pick Elton Brand has agreed to participate in the program even though he was not obligated to:
“As we navigate this evolving COVID-19 environment, we are mindful of the long-term impact the suspension of live events and games will have on our organization and industry. To ensure we can continue to support and operate our businesses during these uncertain times without reducing our workforce, we are asking our full-time, salaried employees to temporarily reduce their pay by up to 20 percent and move to a four-day week,” Harris Blitzer Sports & Entertainment CEO Scott O’Neil said in a statement.
“In addition to supporting our people, we are committed to playing an ongoing role in funding efforts to help the most impacted residents in our home cities. In the coming days, we will enter into additional partnerships in Philadelphia, Camden and Newark to assist our neighbors with food and resource distribution during this public health crisis.”
This decision was made to avoid layoffs. The Sixers and Devils employees will not have a reduction in health or 401K benefits.
The NBA suspended the 2019-20 season after Utah Jazz center Rudy Gobert tested positive for the coronavirus. The Sixers had three positive tests as well.
NBA arena workers don’t have jobs right now since there are no games. That’s why almost every franchise has donated money to its hourly workers.