The Daily Observer London Desk: Reporter- Judith Benjamin
ESPN has axed Jeff Van Gundy as part of cost cutting measures, ending his 16-year tenure as its NBA analyst.
ESPN has confirmed it is making cuts today and according to The New York Post, the 61-year-old Van Gundy is one of the big names to depart.
The Post adds that Van Gundy’s salary was in the millions but the exact figure is unknown.
In a statement provided to Front Office Sports on Friday, ESPN said: ‘Given the current environment, ESPN has determined it necessary to identify some additional cost savings in the area of public-facing commentator salaries, and that process has begun.
‘This exercise will include a small group of job cuts in the short-term and an ongoing focus on managing costs when we negotiate individual contract renewals in the months ahead.
‘This is an extremely challenging process, involving individuals who have had tremendous impact on our company.
‘These difficult decisions, based more on overall efficiency than merit, will help us meet our financial targets and ensure future growth.’
