Derek Jeter is taking a massive paycut during the coronavirus pandemic. The 45-year-old Hall of Famer announced today (April 20) that he’d be “indefinitely forgoing his salary” for the time being, according to ESPN. Derek reportedly makes $5 million annually, and he told members of baseball ops on a phone call that they would all be paid through at least May 31.
Other reports stated that other members of the Marlins’ executive team have also agreed to take pay cuts. Derek joins many other executives throughout major industries in taking paycuts, including Anna Wintour and Bob Iger.
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