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Jim Lites And Jim Nill Take A Pay Cut To Help Others In The Organization

from Matthew DeFranks of the Dallas Morning News,

Stars CEO Jim Lites and general manager Jim Nill have taken 50% pay cuts retroactive to the NHL’s suspension on March 12, in an attempt to help alleviate financial stress on the organization caused by the COVID-19 pandemic.

“Jim and I feel a responsibility to be leaders of our team and our group,” Lites told The Dallas Morning News on Wednesday. “The Gaglardis have been really good to us, they’ve always said yes to us on things we’ve needed to do to build the franchise. I feel a personal thanks to them, they’ve been really good to both of us.”

Nill said: “This situation we’re in is affecting everybody. There’s nobody going unscathed. I just think I’m fortunate enough at my age and where I’m at in my career to able to help some other people out. First of all, Tom Gaglardi has been very supportive of me, given me all the tools I need to work with. I know that his parent company is going through a tough time. He’s in the hotel/restaurant business and it’s been hit hard.

“So I know they’ve had to make sacrifices up there and so can I help him out a little bit that way? And then for our organization. I know we’re making decisions on people, and by myself and Jimmy Lites making some sacrifices, does that help some other people down the food chain?”

read on

Filed in: NHL Teams, Dallas Stars, | KK Hockey | Permalink
 

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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