Heat Staff Find Their Paychecks In A Miami Vise
Want to trim the budget during a recession, but can't get around that little matter of guaranteed contracts? Take a page from Heat, and cut the pay of the entire front office staff, including Erik Spoelstra and Pat Riley.
Maybe the royalties haven't been flowing from Riley's trademark of "Threepeat," (seriously, look it up), but Miami's a little short of cash. Rather than let people go, Riley asked everyone on the basketball side of operations to take cuts of up to 20 percent. And of course, by "asked," I mean "told."
That means everyone from PR people to scouts, coaches on down to ball boys will be seeing a little less green this year. All the while Quentin Richardson continues to make $9.4 million. There's no justice.
For top earners like Riley, Spoelstra and certain execs, this means cuts in the six figures. It's a noble sacrifice, but I wouldn't want to be the one to inform Riley that this won't help with the salary cap, which the Heat are $3 million over with two roster spots to be filled.
Pat Riley, Miami Heat Coaching Staff Endure Major Pay Cuts [South Florida Sun-Sentinel]
Don't Write Off Notre Dame's Playoff Hopes Just Yet
NBA Best Bets Today: 3 Picks for Wednesday's 14-Game Slate
College Football Has a New Top Five, but Are They Any Good?
Five Fights to Make After UFC Vegas 123
- Eagles vs. Commanders Sunday Night Football Best Betting Pick
- NBA Best Bets Today: Grizzlies-Kings, Trail Blazers-Jazz and Cavaliers-Bucks
- UFC Vegas 123 Predictions: Renato Moicano vs. Tom Nolan and Best Bets
- College Football Picks: Arizona-Texas Tech, Florida-Georgia and Ohio State-USC
- UFC Fight Night Underdog Pick: Julian Erosa (+150) vs. JeongYeong Lee
- NBA Best Bets: Wizards, Pistons and Rockets Highlight Friday's Picks
- College Football Playoff Odds: LSU Overrated, Ole Miss Underrated











