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But they still missed the playoffs despite a league-record payroll of more than $80 million.
De Beers, the global diamond giant, has a payroll of more than 20,000 people in about 20 countries.
The Yankees have operated with a payroll of more than $200 million for so long now that it has almost come to be seen as a divine right.
Still, with their league-record payroll of more than $80 million, they squandered a possible 28 points to teams that finished below them in the Eastern Conference.
Despite a league-leading payroll of more than $60 million, the Rangers were terrible in the first quarter of the season and mediocre in the second.
But industry analysts estimated that Oracle's cost savings from Sun operations suggest job cuts of up to 10,000 workers from Sun's payroll of more than 30,000.
Similar(33)
The clubs have proposed levying a 50percenttaxax on parts of payrolls of more than $98 million.
Seeking to retard player salaries, the owners initially proposed a 50percenttaxax on portions of payrolls of more than $98 million.
One major issue they have not addressed is the clubs' desire for a tax on portions of payrolls of more than $98 million.
That is where they do not want to be a year from now, when the new collective bargaining agreement will impose substantial luxury tax penalties for teams with payrolls of more than $189 million.
And unless we start to see serious job growth -- by which I mean increases in payroll employment of more than 200,000 a month -- consumer spending will eventually slide, and bring growth down with it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com