Mets employees, beyond the playing field, will soon take a hit financially.
Plans were unveiled Monday by the team for pay cuts that will take effect June 1, according to an industry source. All full-time employees will be affected, and the cuts will remain in place for the remainder of the season, whether games are played or not. The Athletic first reported the cuts.
A source indicated Mets employees earning $500,000 or more will take a 30 percent pay cut. Employees earning $250,000-$500,000 will receive a 25 percent pay cut. Employees earning $100,000-$250,000 will receive a 20 percent pay cut. The reduction for employees earning $45,000-$100,000 is 10 percent. Employees earning below $45,000 will take a 5 percent pay cut.
Baseball has been on hold since March 12, when MLB suspended spring training following the COVID-19 outbreak. The Mets are paying their employees in full through May 31. Among MLB teams, the Padres have also decided to implement pay cuts beginning in June that would last through the season. The expectation within the industry is additional teams will join that list, as organizations grapple with the financial reality of lost stadium and TV revenue.
Players are unaffected by the latest cuts. But last month, MLB and the MLBPA reached an agreement that players would be partially paid through May. Per terms of the agreement, team owners are contributing $170 million that will be divided among 1,200 players. If the season begins, that financial outlay will have served as an advance to the players on their salaries. If the season is canceled, the owners will not be obligated to make further payments.
Mets employees affected by Monday’s pay cuts include members of the baseball operations staff, business office and media relations department. Part-time workers, consultants and game-day workers were precluded. The Mets had no comment on the situation.
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