Today, Woody Johnson is one of those owners. I'm sure you all remember how we got on the owners and woody for the negative financial impact the lockout would have on the average worker. And with the Jets employees being told they had to take a 25% paycut, how could you not feel bad for them. Well today....
With the NFL lockout on the verge of ending, New York Jets owner Woody Johnson assembled the entire organization Monday morning in the team's auditorium and told about 150 employees that all lost wages from the lockout would be returned to them by the time they returned to their desks, according to a person familiar with the meeting.
Coach Rex Ryan and general manager Mike Tannenbaum also spoke at the assembly, the person said, with Ryan delivering a fiery, training camp-style pep talk to the coaches and staffers in the room. Basically, his message was, "The Jets are ready to get down to business."
In the early March, at the start of the lockout, the Jets slashed salaries of all employees in the football operation by 25 percent, with the provision that they would recoup the money if no games were lost due to the lockout. Ryan and Tannenbaum were included in the cuts. Non-contract employees were ordered to take unpaid furloughs.
Johnson delivered on his promise. In fact, one employee said his lost salary was already direct deposited into his account by the time he returned to his desk.
A 25-percent cut, across the span of four months, can add up to a considerable amount of money. For a coach making $500,000, that's roughly $170,000.