Derek Jeter is giving up his salary with the Miami Marlins indefinitely amid MLB’s coronavirus shutdown, according to multiple reports.
The Marlins CEO reportedly makes $5 million annually in addition to bonus incentives based on team profitability rather than on-field performance.
Jeter is also a minority owner of the team.
Jeter told team employees of the decision during a conference call on Monday, according to the reports.
Other executives will reportedly take pay cuts while baseball operations staff will continue to receive their full salaries through at least May 31, according to the Associated Press.
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