Running News Daily

Running News Daily is edited by Bob Anderson and team.  Send your news items to jaime@mybestruns.com  Get your race featured, followed and exposed.  Contact sales at bob@mybestruns.com or call Bob Anderson at 650-938-1005  For more info: https://mybestruns.com/newmem.php

Index to Daily Posts · Sign Up For Updates · Run The World Feed

Share

USA Track and Field lays off seven and CEO takes a 20% pay cut

USA Track and Field has laid off seven people from its 65-person staff and CEO Max Siegel is taking a 20% pay cut to offset lost revenue due to the coronavirus pandemic.

The organization that runs the country’s largest summer sport has been forced to cancel dozens of events, including the Olympic trials, which were scheduled for June. In 2016, trials produced around $5 million in revenue. They will be rescheduled to mesh with the Olympics, which have been pushed into 2021.

Sports Business Daily reported that all the cuts came in divisions that support the 8,000 live events the USATF sanctions.  

(04/19/2020) Views: 533 ‚ö°AMP
Share


Running News Headlines


Copyright 2020 MyBestRuns.com 14,272