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NFL not immune from economic slowdown

11:27 AM Tue, Dec 09, 2008 |
Walt Zwirko
 E-mail

From the Associated Press:

The recession has hit the NFL.
The league said Tuesday it is cutting more than 10 percent of
its headquarters staff in response to the downturn in the nation's
economy.
The cuts were announced in a memo to league staff by
commissioner Roger Goodell. The league is eliminating about 150 of
its staff of 1,100 in New York, NFL Films in New Jersey and
production facilities in Los Angeles.
Goodell said these were difficult and painful steps, but
necessary in the current economic environment.
The NFL has been symbolic of the wealth surrounding professional
sports, but it now joins the NBA, Major League Baseball and NASCAR
in announcing layoffs.




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