All articles tagged with #salary negotiations
In the upcoming book "Apprentice in Wonderland," Donald Trump reveals he demanded $6 million per episode for hosting "The Apprentice" Season 2, citing higher ratings than "Friends." NBC's Jeff Zucker initially rejected the request but later agreed to a substantial salary increase. Trump now criticizes Zucker, calling him "human scum," for leading CNN's anti-Trump stance during his presidential campaign.
San Francisco 49ers CEO Jed York anticipates quarterback Brock Purdy will seek an unprecedented contract extension, acknowledging the challenge of managing a roster with high-paid stars. Despite being the final pick in the 2022 draft, Purdy's rookie deal has provided the team with flexibility, but his upcoming extension will pose financial challenges for the 49ers, who are already projected to be over the cap in 2025. With impressive performance on the field, Purdy's value to the team has far exceeded his current contract, and negotiations for his extension will likely set a new benchmark in quarterback salaries.
The Eiffel Tower reopened to visitors after a six-day closure due to employee strikes demanding better maintenance and salary hikes. The operator reached an agreement with unions, promising a 380 million euro investment for renovation work by 2031 and launching salary negotiations. The 135-year-old landmark will play a significant role in the upcoming Paris Games and Paralympics, with Olympic and Paralympic medals containing pieces from the historic tower.
The Eiffel Tower in Paris reopened to visitors after a six-day closure due to a strike by employees demanding better maintenance and salary hikes. The operator reached an agreement with the unions, promising a significant investment for renovation work and launching salary negotiations. The iconic landmark will play a prominent role in the upcoming Paris Games and Paralympics, with Olympic and Paralympic medals containing pieces of iron from the tower.
Jim Harbaugh is set to become the new head coach of the Chargers, securing a $16 million per year salary on a five-year deal. The Chargers had initially balked at his $18 million asking price but ultimately met his demands. Mike Vrabel was reportedly the team's second choice, but with Harbaugh on board, Vrabel's coaching prospects for the upcoming season appear uncertain despite his successful tenure with the Titans.
Faculty members at California State University, representing about 29,000 professors, librarians, and staff, went on a five-day strike seeking a 12 percent raise, leading to disrupted classes as the new semester began. The strike, the largest by faculty in U.S. history, also aims for increased parental leave and more gender-neutral facilities. The university has offered a 5 percent pay increase, but negotiations have stalled, with no further sessions scheduled. The union's demands include non-economic issues, while the university contends it can't afford the salary request due to financial constraints.
Today was the deadline for MLB teams and players eligible for arbitration to exchange salary figures for the 2024 season, with 22 players not reaching agreements. The arbitration hearings will begin on January 29th, and the list includes notable players like Vladimir Guerrero Jr. and Adolis Garcia. The requested salaries and counteroffers for these players have been disclosed, with the outcomes of the hearings yet to be determined.
The contract negotiations between the Toronto Maple Leafs and William Nylander are ongoing, with both sides remaining committed to reaching an agreement before July 1. Rival NHL executives have varying opinions on what a fair contract extension for Nylander would be, ranging from $9 million to $12.25 million AAV over eight years. The rising salary cap and Nylander's strong performance this season are factors that contribute to the difficulty of reaching a deal. However, Nylander has expressed a desire to stay in Toronto, and it is expected that a compromise will be reached, likely with a double-digit AAV on a max-term deal.
The Clark County School District (CCSD) in Las Vegas has offered an 8.5% raise in the first year and a 2% raise in the second year of teacher contracts, as negotiations continue with the Clark County Education Association. The district's proposal aims to realign teacher salaries based on experience and education, with starting salaries at $53,354 and a cap of $116,851. The union is pushing for a 10% raise in the first year and 8% in the second year, emphasizing the need to address teacher vacancies and recruitment challenges. Disagreements also persist regarding the allocation of $250 million in funding recently pledged to the district.
Thousands of San Jose city workers, represented by IFPTE Local 21 and MEF-AFSCME Local 101, are set to go on strike starting August 15 after failed salary negotiations. The strike, which is the largest in recent history, will last for three days and impact various city-run services. The unions are demanding an 18% raise over the next three years to address the high cost of living and job competitiveness. The city's best and final offer is 5% for the first year, 4% for the second, and 3% for the third. The unions argue that the city has the funds to meet their demands, while the city claims it cannot afford to do so without cutting vital services.
Oakland teachers began an open-ended strike over salaries, class sizes, and a long list of demands, including housing for homeless children, reparations for Black students, and landscaping. Both sides agreed they were very close on pay and benefits, but it was the optional “common good” proposals that were keeping an agreement from happening. The strike is based on the union’s claim of unfair labor practices related to what they say is the district bargaining in bad faith. The state labor board has not yet ruled on that claim.
Odell Beckham Jr. tweeted that he never said he wanted $20 million per year, but that $4 million per year is not enough. Reports have indicated that he has been seeking $20 million per year, but it's unclear if that's what his agents are asking for. Despite working out for a dozen interested teams, Beckham has yet to receive an offer higher than $4 million per year, which he considers low. It remains to be seen if he will accept a one-year deal and hope to earn more in the future.