Larry Scott graciously agreed to take a 12 percent pay cut for the next 12 months, according to an email obtained by the Oregonian. He will still survive on his $5.3 million salary.
The problem is Scott is cutting other employees’ salaries 5-10 percent after making them work in super-pricey San Francisco. And he already laid off 8 percent of the Pac-12 Network staff in April.
Maybe he should cut his salary to $2 million and lay off no one. The Oregonian story is worth reading because it hints the Pac-12 CEO Group might be tired of Scott.