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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