(AP) — Michigan State University is temporarily reducing salaries for athletic department employees under contract who make at least $100,000 to cope with the loss of revenue related to the COVID-19 pandemic.
The move announced Thursday will cost Hall of Fame basketball coach Tom Izzo just under $250,000 and football coach Mel Tucker a little more than a quarter million dollars based on a 7% cut in pay for employees making at least $500,000.
Michigan State athletic Bill Beekman will reduce his $750,000 salary by 10%. Athletic department employees who make $100,000 to $149,999 will have their salaries reduced by 2%. The pay cuts will begin Sept. 1 and will end Aug. 31, 2021.
