Bruins Fans Should Be Furious With Cheap Actions by Owner Jeremy Jacobs During COVID-19 Hiatus
By Mark Powell
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The same indefensible actions that caused Philadelphia 76ers fans to revolt against ownership have barely caused a stir in the NHL, and it's about time someone changed that.
Boston Bruins owner Jeremy Jacobs is worth north of $4 billion. He is not the struggling every-man our federal government so often touts in defense of economic measures that put the collective health of our country at risk, nor is his 'local business' hemorrhaging enough cash to provide an excuse for the following.
The Bruins were the last NHL team to announce any sort of employee compensation. Then that compensation was "only if the games are cancelled, not postponed". Now they're leading the charge in layoffs.
— Jeff Veillette (@JeffVeillette) March 25, 2020
Jeremy Jacobs is worth $4 billion and the Bruins are a Top-5 team in value. https://t.co/xdxNFQY9mj
Jacobs only provided financial help for employees when he was backed into a corner, and has so rapidly changed course that most of us have yet to spin our heads to catch up to the horrible precedent he is now setting in professional sports.
Per the Boston Globe, 150 Bruins and TD Garden employees are facing layoffs and salary cuts, and that's just the beginning. Jacobs is far more concerned with his own bottom line than the livelihoods of those his organization depends on.
150 TD Garden, Bruins workers face job, salary cuts in wake of coronavirus shutdown @GlobeKPD https://t.co/fFdiugjdmn via @BostonGlobe
— Kevin Paul Dupont (@GlobeKPD) March 25, 2020
Capitalism depends on the rich more than ever in times like this to ignore the status quo, and provide aid to communities in need. Jacobs has made it obvious just how flawed that concept is, and the Bruins statement only makes matters worse.
"As relayed to our associates today, none of these decisions were reached without difficult and painful deliberations. These measures are intended to be temporary with associate employment and compensation returning once our business resumes to its normal state from this unprecedented stoppage."
We're sure this brilliant PR speak will smooth everything over for the families who are now struggling due to the selfishness of the 1%. Congratulations.
The Sixers changed course due to public pressure -- why is Jacobs doubling down?