Sinclair Paying $9M In Employee Bonuses

Sinclair Broadcast Group said today that, as a result of tax reform legislation, it will pay a special $1,000 bonus to almost 9,000 full-time and part-time regular employees at all of its stations and subsidiaries, excluding senior level executives. “We are grateful to our president and legislature for passing the landmark Tax Cuts and Jobs Act and are excited about the benefits it will provide for our country’s economy, our company, and our employees,” said CEO Chris Ripley.

Tribune Seeks Approval For New Bonus Plan ‎

The company wants a judge to OK paying executives up to $43 million in bonuses.