September 1, 2016

Sports Authority execs to receive up to $1.5M in bonuses

A trio of executives for shuttered sports retailer Sports Authority will soon get to cash bonus checks worth nearly $1.5 million in all.

The Denver Business Journal reports that a bankruptcy judge approved the bonus plan on Wednesday despite the objections of a U.S. Department of Justice trustee. The ruling comes just weeks after the Englewood-based chain wrapped up liquidation sales at hundreds of stores where roughly 14,000 employees lost their jobs.

A trio of executives for shuttered sports retailer Sports Authority will soon get to cash bonus checks worth nearly $1.5 million in all.

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The Denver Business Journal reports that a bankruptcy judge approved the bonus plan on Wednesday despite the objections of a U.S. Department of Justice trustee. The ruling comes just weeks after the Englewood-based chain wrapped up liquidation sales at hundreds of stores where roughly 14,000 employees lost their jobs.

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