The NFL has offered more than 200 employees voluntary buyout packages, intending to reduce its workforce without forced layoffs
Eligibility for the buyout package was based on a combination of age and years of service, with a total of 70 or above qualifying employees for the offer
The buyout package includes three weeks of salary for each year of service, in addition to bonuses
Employees have until the end of February to decide whether to accept the buyout offer
The NFL's move is part of a broader strategy to adapt to changing business environments and align resources with new investment opportunities, such as international expansion and digital media development
In March of the previous year, the NFL had already reduced its workforce by about 5%, highlighting ongoing restructuring efforts
The NFL is focusing on areas like international expansion, the growth of flag football, and the development of media and digital platforms as part of its future strategy
The NFL emphasizes the need for its internal operations, capital investments, and workforce to evolve in line with these new strategic priorities
The specific details of the buyout offers, such as which departments are most affected, have not been publicly disclosed
The announcement of the buyouts came just days before the start of the NFL playoffs, a period of heightened activity and visibility for the league