Heat coaching staff to take major pay cuts

Not to worry, the economic crisis hitting the Miami Heat isn't going to break up our coaching staff.  Despite the fact that the Heat may be going with less then the NBA allowed 15-man roster, there are still other actions being taken in order to reduce the total number of money being spent/lost this year.

To avoid simply laying people off from their jobs (like they did in May when around 20 people were sent to the unemployment line), Pat Riley has asked some of those on the basketball side of things, who make considerably large salaries, to take pay cuts in order to retain more jobs for people with lesser roles in the team. 

The cuts, which include everyone from the team's media-relations staff to the scouting staff to the executive staff, will cost Spoelstra and Riley well into the six figures.

While it's great to see the people making the big money willing to take pay cuts...what happened that made our franchise so financially strapped?  It could be that we're already beginning to put away every penny in order to go after the biggest of all the fish next summer. 

For now, we can just be happy that there are still some good people out there, and that those people are a part of our organization.