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Originally Posted by
IMissJack
And this is why ESPN had to layoff about 100 other reporters, and is iffy at best.
ESPN did what a lot of businesses do in a down cycle, lay off higher priced employees and get young cheap labor in their place. ESPN kept a few "faces" of the network like SVP and now Gruden. Both of those guys have advertising power that goes along with them and it helps offset their cost and reinforces the ESPN brand. In this day and age, you better do something other than stand in front of a stadium and say things that was on the internet yesterday. ESPN was paying a crap ton of money for old guys to do that and now they are paying probably less than half of those salaries and people still tune in.
ESPN got overinflated salaries for employees for what they were doing which is fine if you are pretty much the only game in town and are making money hand over fist. ESPN now has actual competition so they are paying attention to the costs because the bottom line isn't as healthy.
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