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| 9th December, 2008 - 6:36 pm | ESPN - The recession has officially hit the NFL. On Tuesday, news broke that the league will lay off about 150 people as a result of America's economic woes.
The number represents more than 10 percent of the league's workforce.
"These are difficult and painful steps," Commissioner Roger Goodell wrote in a memo. "But they are necessary in the current economic environment. I would like to be able to report that we are immune to the troubles around us, but we are not. Properly managed, I am confident the NFL will emerge stronger, more efficient, and poised to pursue long-term growth opportunities." [READ] |
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