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Hall of Fame Resort & Entertainment proclaims monetary cuts

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Hall of Fame Resort & Entertainment proclaims monetary cuts

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Michael Crawford, president and chief executive officer of the Hall of Fame Village speaks as they break ground an a football-themed indoor water park in this December 2022 photo.
  • Hall of Fame Resort & Entertainment Co. has introduced monetary cuts and a employees restructuring.
  • President and CEO Michael Crawford agreed to take a $50,000 annual pay lower for the following 4 years.
  • Michael Levy, president of operations on the Hall of Fame Village, is leaving the corporate May 5.

CANTON – Hall of Fame Resort & Entertainment Co. President and CEO Michael Crawford has agreed to take a $50,000 annual pay lower for the following 4 years as a part of a restructuring and employees cuts.

Crawford outlined the modifications in a letter last week to shareholders, writing “we are evaluating how we can be efficient and responsible with shareholder dollars and the current staffing changes will result in significant labor savings.”

Michael Levy, president of operations on the Hall of Fame Village, the football-themed leisure attraction being constructed across the Pro Football Hall of Fame, additionally will go away the corporate efficient May 5, in keeping with a notice filed with the U.S. Securities and Exchange Commission. The letter and SEC submitting did not title different staff affected.

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