All articles tagged with #pay cut
Tom Selleck says Blue Bloods’ cancellation after a 25% salary cut and a long run with an intact cast is 'very frustrating,' noting the show remained a top-rated network staple before CBS pulled the plug.
Tom Selleck revealed that the Blue Bloods cast accepted a 25% salary cut in the final year to help keep the CBS series on the air, underscoring the actors’ desire to stay together as the show ended after 14 seasons (2010–2024).
Tom Selleck says the Blue Bloods cast took a 25% pay cut in a bid to keep the CBS drama alive, but CBS canceled the show in 2023 with its final season ending in 2024. He shared the detail on Ted Danson’s podcast, emphasizing the cast’s loyalty and frustration at the network’s handling, while CBS did not comment.
Taylor Decker has asked the Detroit Lions for his release after negotiations over a pay cut and a starting role stalled, ending his 10-year run with the team. A release would clear about $11.6M in cap space for Detroit while incurring roughly $9.4M in dead cap.
The Trump administration plans to reduce the pay of US audit regulators, impacting oversight agencies and potentially affecting regulatory standards.
A Harvard-led study finds that workers are willing to accept up to a 25% pay cut to work remotely, highlighting the high value placed on flexibility despite ongoing return-to-office mandates by major companies.
Adam Thielen, a Minnesota native and former Vikings star, took a significant pay cut to return to the Vikings from the Panthers, demonstrating his desire to play in his home state despite financial sacrifices.
Taylor Heinicke has agreed to a pay cut with the Atlanta Falcons for the 2024 season, reducing his base salary from $5 million to $1.21 million and making other adjustments that result in over $4 million in cap savings for the team. Despite the pay cut, Heinicke is expected to remain as the No. 2 quarterback on the Falcons' depth chart.
Aaron Rodgers, the Green Bay Packers quarterback, could face a significant pay cut if he were to become the vice president under independent presidential candidate Robert F. Kennedy Jr.'s campaign. Kennedy's team has confirmed considering Rodgers as a potential running mate, and if elected, Rodgers would earn less than his NFL salary. However, no official decision has been made, and Rodgers has not commented on the possibility.
The San Francisco 49ers are set to release defensive lineman Arik Armstead after he declined a pay cut, making him a free agent for the first time in his nine-year career with the team. Despite never making a Pro Bowl, Armstead has been a solid contributor with 33.5 sacks and was particularly impactful in the playoffs. His refusal to take a pay cut led to the decision, and now he will be seeking a new team in free agency.
A Ford survey found that 51% of American employees are willing to take a 20% pay cut for a better work-life balance, reflecting a global trend of prioritizing quality of life over higher pay. The survey also revealed that workers are open to the idea of artificial intelligence (A.I.) providing career advice, with 60% globally seeing A.I. as a positive influence on work-life balance. As job culture shifts, experts predict changes such as the adoption of a four-day workweek and a hybrid work reality, driven by younger generations entering the workforce. Additionally, more American retirees are returning to work, and there is a growing preference for hiring older workers due to their perceived work ethic and commitment.
An elder millennial, known as Jay, took a $35,000 pay cut to live where he wanted after his remote job required him to live within two hours of the office. Despite being productive while working remotely, Jay had to choose between quitting or transferring to a lower-paying job within the same agency. He eventually left the agency altogether for a new job, but still works remotely and commutes two hours once a week. Jay believes employers should recognize that talent is not limited to a specific office radius and that remote work can be successfully done from anywhere.
Aaron Rodgers has agreed to a new two-year, $75m guaranteed contract with the New York Jets, taking a pay cut in an effort to deliver a Super Bowl for the franchise. The deal indicates Rodgers' intention to stay with the Jets beyond this season. The Jets had previously traded significant draft picks to acquire Rodgers, and this new contract gives hope to fans after a 12-year playoff drought.
Aaron Rodgers has agreed to a reworked contract with the New York Jets, taking a significant pay cut to help the team. The two-year, fully guaranteed $75 million contract represents a pay cut of $33.715 million from his previous contract with the Green Bay Packers. The reworked deal will reduce the Jets' salary cap and allow them to acquire more talent. Rodgers confirmed the agreement but did not disclose the details. He expressed his intention to play more than one season with the Jets and praised the team's energy and his excitement for the new chapter.
Cincinnati Bengals running back Joe Mixon has taken a pay cut of $4.39 million in 2023 and a $4.67 million pay cut next year as part of his reworked deal with the team. His base salary for 2023 is now $5.51 million, down from roughly $9.4 million. The Bengals' decision to restructure Mixon's contract has allowed them to save significant cap space as they prepare to negotiate extensions for other key players on the team.