{"id":30805,"date":"2020-04-21T00:06:49","date_gmt":"2020-04-21T04:06:49","guid":{"rendered":"https:\/\/lastwordonbaseball.com\/?p=30805"},"modified":"2020-04-21T00:06:49","modified_gmt":"2020-04-21T04:06:49","slug":"derek-jeter-forgoing-salary-indefinitely","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/baseball\/2020\/04\/21\/derek-jeter-forgoing-salary-indefinitely\/","title":{"rendered":"Derek Jeter Forgoing Salary Indefinitely"},"content":{"rendered":"

In the “new normal” of COVID-19, there have been a lot of negatives surrounding our daily lives. Recently, Miami Marlins<\/a> CEO Derek Jeter<\/strong><\/a> has cut through that negativity by forgoing his $5 million dollar salary. That annual $5 million earned by Jeter also goes along with his bonus incentives based on the on-field performances.<\/p>\n

Marlins Executives Cutting Salaries<\/h2>\n

Initially reported by Craig Mish, Jeter is forgoing his salary on an indefinite basis. Other high ranking Marlins executives are also cutting their salaries amid the COVID-19 pandemic. All this is done as the Marlins are still evaluating the impact on the business side of things. Jeter’s forgone salary and other cost-cutting measures are in pursuit of avoiding layoffs or inducing furloughs anywhere else within the organization. Per reports, Jeter made his decision via a conference call Monday, telling team employees<\/p>\n

All this comes at an interesting time in Major League Baseball. A time the MLB is reportedly set to announce that teams can begin to furlough or cut the pay of non-playing personnel (coaches, scouts, executives). Just before the calendar turned towards April, all 30 clubs agreed to pay all non-player personnel through the end of April. Teams have also pledged roughly $1 million. That’s to help cover lost wages for game day employees while the pandemic puts a pause on things.<\/p>\n

Other Franchises<\/h2>\n

It’s a very positive gesture in a time where negativity reigns. It may have followed along the lines of other teams. Those teams include the Cincinnati Reds<\/a>, Philadelphia Phillies<\/a>, Boston Red Sox<\/a>, San Francisco Giants<\/a>, and the Chicago White Sox<\/a>. As for Jeter himself, it’s a noble gesture that he can withstand. After all, he did pocket $265 million across his playing tenure.<\/p>\n

The hope is that Jeter and other executives won’t have to continue this gesture. Major League Baseball as a whole still has hopes of salvaging the 2020 campaign. The league has discussed several alternatives to get a season underway. That includes forgoing the traditional NL and AL setups for Grapefruit and Cactus league setups in Florida and Arizona.<\/p>\n

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