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Nov 9, 2008 04:35 PM
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New York, 4:47 PM
Tue Feb 9
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The purge of off-field employees has started in earnest this Credit Crunch offseason, with the Arizona Diamondbacks releasing 31 employees (around 10% of the entire front office), mostly from the broadcast side of the business as a result of selling all their games to Fox Sports Arizona. Yet again, the tight economy has been given as the reason for the cuts.
We look forward to a litany of tightened belts, crunched credits, and efficiencies explored throughout the next calendar year, especially now that someone's gone first with layoffs. However, beware attempts by owners and leagues to blame everything on the credit crisis, liquidity, and other bogeymen. Just remember that some teams didn't want to spend their own money when credit was good, either.
UPDATE: NASCAR's hanging in there nicely, thanks for asking Brian France.
D-Backs cut 31 employees from front office [Arizona Republic]
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