Miami Heat executives taking pay cuts..

[BlackDog]

Originally Posted by GreekGodX

Is it just me or is this just not enough?? When you have players making millions of dollars and they aren't taking any cut, how is this good business? I'm happy that the executives are taking a cut but the players are the ones that really need to.

It's pretty straightforward. The players are members of a union, which would only agree to such terms in the most dire of situations. The management is not a member of any union, but are employed "at will" by the team owners, and can either accept the pay cut or leave their job.