The Miami Heat are the latest franchise to face the fiscal realities of an economic downturn.
Miami Heat basketball operations employees have accepted up to a 20 percent pay cut in order to avoid layoffs.
The cuts affect everyone in the department, including team president Pat Riley, head coach Erik Spoelstra, assistant coaches, scouts and others. The South Florida Sun-Sentinel first reported the salary reduction in its Tuesday editions.
Riles may have to go from this: