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Riley, Spoelstra taking cuts in salary

MIAMI (AP) -Miami Heat basketball operations employees have accepted up to a 20 percent pay cut in order to avoid layoffs.

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The cuts affect everyone in the department, including team president Pat Riley, head coach Erik Spoelstra, assistant coaches, scouts and others. The South Florida Sun-Sentinel first reported the salary reduction in its Tuesday editions.

Player salaries are not being affected.

The Heat laid off 20 members of its business operations staff in May as a result of the economic downturn. In 2003, the franchise asked employees to accept 10 percent pay cuts because of falling revenues.

Lower ticket prices and scaled-back sponsorship deals have decreased revenue around the NBA, which is projecting further reductions over the coming year.

Copyright 2017 by STATS LLC and Associated Press.
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