CBA company said that it hopes to take this salary reduction as the starting point, drive the whole alliance to negotiate and reduce the salary, reduce the operational pressure of the club, and ensure that every participant in the CBA family can smoothly survive the epidemic.
Xinhua News Agency, Beijing, April 14 (reporter Lin deleng, Wang Jingyu) zhongbailian (Beijing) Sports Co., Ltd. (CBA Company) announced on the 14th that in order to deal with the outbreak of the new coronavirus, the middle and senior managers of the company will take salary reduction measures.
The specific salary reduction range is: the salary reduction of the CEO (CEO) of the company is 35%, and the salary reduction of the director and above is 15% to 30% respectively.
Affected by the epidemic, the CBA league has been suspended since February 1, and there is still no definite restart schedule. Under such a big background, CBA companies and clubs still continue to spend Operating expenses (including players’ salaries, rent, etc.), and the financial pressure faced by all parties is gradually increasing.
CBA company said that it hopes to take this salary reduction as the starting point, drive the whole alliance to negotiate and reduce the salary reduction, reduce the operational pressure of the club, and ensure that every participant in the CBA family can smoothly survive the epidemic.
Since CBA hasn’t been finished this season, the money such as box office, copyright, sponsorship fees of sponsors from all sides and so on are unlikely to be fully implemented, and the losses of alliance and club will be relatively large. On the one hand, the operating cost rises, on the other hand, the income decreases. Under such a background, “open source and reduce expenditure” may be a must-go path.