Should Billionaire Sports Owner Keep Paying Employees?
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Show Notes
Scott Soshnick, Eben Novy-Williams and Michael Barr discuss a host of issues related to the business of sports, including the different ways sports teams and arenas are treating their salaried employees and hourly workers. Some teams are fully compensating them for games not held, while others are having layoffs and cutting pay. Josh Harris, the billionaire co-owner of the New Jersey Devils and Philadelphia 76ers recently reversed course on a plan to cut the pay of salaried team employees, saying it was the "wrong decision." Also talked about is Steve Ballmer's $400 million agreement to buy the Forum in Los Angeles, a deal that clears a major legal hurdle for a new arena for his Clippers, and the much anticipated decision to postpone the Olympics to some point in 2021.
Hosts: Scott Soshnick, Eben Novy-Williams and Michael Barr
Producer: Tim Herro
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