Andthey'regoingtobecoveringeverythingfromtheseemployees, sotherewillnotbe a paycutforthosewhoarebasicallystuckinthemiddleofthisthroughnofaultoftheirown.
Well, listen, ever.
Everybodyisin a differentsituationwhereyoutalktosportsbusiness, there's otherbusiness.
Thisisthisispartof a situationtowork.
Wearewesittingtheretellinghow a companyshouldspendtheirmoney, youknow, I meanthat.
And I knowthereare a $1,000,000,000 company.
I getit, butwetellotherpeopleDon't don't don't tellthatpersonhowtospendtheirmoney, youknow, thisiswhatthe 70 Sixerswantedtodo.
They'renotalone.
There's a lotofothercompaniesthatarethataredoingthisthatarehavingtheirplayersortheiremployeesfurloughedorgoingonemploymentYou'd likeyou'd loveeveryownerofeverybusinesstopayeverybodyuntilthisends, right?
I mean, wewouldalllovethat, butforsomeit's notfeasible.
I don't knowtheirbooks, butthey'realwaysgonnalose.
Certainlyinthecourtofpublicopinion, whenthatsays, whenyouhave a B afteryournameandyouwant a sportsfranchisethatyoushouldbemakingsureyour $30,000 a yearemployeesaretakencareofaswell.
Yeah, it's It's a theSixersairguiltyoftryingtodobusinesslikeyoudobusinessinreallifeandnotduringwhat's goingonrightnow.
Now I sawMikeRyanfromLeBatardShowTweetthisyesterday.
Usuallythatkindofmobmentalityonlinebullyingisreallykindoflike, messyandproblematicandnotalways a goodthingherebecauseitendsuptakingcareof a bunchofpeoplewelookat.
Itis a netpositiveinthisbecauselifeisdifferentwheneveryoneknowshowmuchyoumakerightwell, thatistrueforpeopleinourindustrythatistrueforathletes, anditsureashellistrueforbillionaireownersofteamslikeyouarejudgedaccordingto a differentsetofcircumstances.
Wheneverybodywhowatchesyourindustryknowshowmuchyouareworthandknowshowmuchmoneyyoumake, youhave a B attheendoftheirname, youralmostalmost a shortbutbythepublicthatsays, Hey, youshouldtakethehitonthechintoeandlose $1,000,002.
Butthepersonmaking 30,000 or 50,000 yearsshouldn't havetotakeitonthechin.
Theytheydefinitelygotbulliedintothescenebecauseit's a allthesecompaniesaregonnalosemillionsandmillionsofdollars, butbecauseweknowwhattheymakethatwesay.
Ownerworthapproximately $4 billionisaskinghisemployeestotakepaycutandthepushbackinternallybecausethosewhoareundercontractinPhillytheydidn't havetoagreetoitthathad a volunteertodoit.
And a Zaiwastoldearlierintheday, Thecoachingstaffmembersofthefrontoffice, youknow, whodon't evenknowifthey'regoingtohavejobsattheendoftheseasonbasedonhowthissixorteamperformsarelikewe'regonnagetback 20% ofoursalarywhenweallmightjustbewalkingoutthedoorattheendoftheseason.
WhatWe'renotreadytodothat.
Andthesixorownershipgroupon?
Obviously, thiswas a partofsomethingtheydidwiththeDevilstowhotheyownedintheNHL.
Theyreversedcourse.
Theyapologizedtotheirfanstotheiremployees, andnooneisgoingtotake a reduction.
Now, I wonderaloudamidstallofthis, whatthecostbenefitanalysisofgoodwillisgoingtobaybecausethat's essentiallywhatyou'reweighinghere, right?
Likethewaythatyouoperateyourbusinessamidstthisrightnow, from a financialstandpoint, I'm sureisgoingtocausewedon't howlongthislastisgoingtodictatethehealthofyourcompanycomingoutofthis.
NotYou'renotbeingbulliedintodoingrightthing, butteamsthatjustcomeoutlikeMarkCubanrightoutof a fascinatingcasestudyinthisfortheothersideofthis, howdoesMarkCubanandtheMavsbenefitfrombeingleadersinthisandbeingseenaspeoplethatwereontopofdoingtherightthingwithoutanyoneforcingthemto?
Andthereasonyou'rebringingthatupforpeoplethatmaynotrememberassoonasthe N B.
A announcedtheyweresuspendingtheirseason, oneofthefirstthingsoutofMarkCuban's mouthwas, We'vegottomakesurewetakecareofthosehourlyemployeeswhorelyquitefranklyonthesegamesbeingplayedsotheycanfeedtheirfan.