A Sports Business Journal report today says industry sources have told them 200-plus NFL employees received an email yesterday offering a voluntary buyout package.
The Super Bowl is February 11 and according to the report, employees have until late in the month, after the game, to take the buyout.
NFL Network went through a round of layoffs in March, reportedly reducing their workforce by 5% and other departments saw cuts this summer. Today’s report does mention continued development of media and digital platforms being a part of the league’s ongoing strategic priorities.
The SBJ report says the employee email stated:
“The league has worked to adapt to the changing business environment, aligning resources with key investment opportunities, and are continuously evaluating ways to enhance efficiency and improve outcomes. Together we have defined the League’s strategic priorities and identified areas for significant growth and investment. Those areas – such as international expansion, the growth of flag football, and the continued development of media and digital platforms – will help shape the future of the game. And the internal operations – how we operate, where we invest our capital, and the workforce – must evolve to align with these strategic priorities to best position the League for continued success.”
