Jeter, who was voted into the Baseball Hall of Fame in January, earns a $5 million salary from the Marlins. The retired shortstop became part-owner of the Marlins in 2017. The team on Monday informed its baseball operations employees they would receive their current rate of pay through the end of next month — and that members of the organization’s executive team have also taken pay cuts.
This comes a day after reports surfaced — including from The Post’s Joel Sherman — that MLB commissioner Rob Manfred was planning to suspend Uniform Employee Contracts (UEC), which would allow teams to furlough employees or cut salaries.
Miami Marlins CEO Derek Jeter told employees today that he will be indefinitely forgoing his $5 million salary, a source told ESPN. https://t.co/5Q4RaxvCcD
— ESPN (@espn) April 20, 2020
Per sources : Miami #Marlins CEO Derek Jeter has forgone his salary indefinitely and members of the organization’s executive team have taken pay cuts. With no start/schedule for 2020 the club is still evaluating impact on the business side.
— Craig Mish (@CraigMish) April 20, 2020
Santiago Leon is the Founder and CEO of the Sports Cast. He covers NFL, NBA, and world soccer. He’s also founder of sleon productions, which he specializes in technology and serves clients with solutions to make their business grow.