Nets Won’t Furlough Employees in Event of NBA Player Lockout
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The New Jersey Nets won’t furlough employees if the National Basketball Association locks out its players during the offseason, according to a person familiar with the team’s plans.
Brett Yormark, the team’s chief executive officer, informed employees at a meeting yesterday that their jobs and salaries are safe, said the person, who was granted anonymity because the NBA prohibits teams from commenting on matters related to collective bargaining.