ESPN’s decision to inject left wing politics into their coverage of sports is having a very real impact on the network’s bottom line.
They’re getting ready to cut quite a few jobs.
Outkick The Coverage reports:
ESPN Cutting Nearly $100 Million In On-Air Talent
Two years ago ESPN cut several hundred behind the scenes jobs to save hundreds of millions of dollars in yearly costs. Since that time ESPN’s subscriber losses have accelerated, averaging over three million lost subscribers a year. Now new jobs cuts are coming, only this time you’re likely to know some of the casualties — Outkick has heard from a variety of different sources that ESPN is cutting up to $100 million in on-air salaries.
Yep, on air. This means you’re going to know many of the people leaving the network.
The cuts will come via buyouts and expiring contracts that won’t be renewed and when those layoffs start becoming apparent many will recognize that what Outkick has been writing for a couple of years now — ESPN is in a world of trouble and doesn’t know how to stem a rapidly collapsing business model.
ESPN’s collapse is the biggest story in sports yet most still haven’t realized it.
If they would just stick to covering sports, they probably wouldn’t be having this problem.
Fans just want to watch games, not get lectures about social justice.