ESPN, the popular sports network, has announced a significant round of layoffs, which includes some of its most well-known on-air stars.

The network is reportedly aiming to save tens of millions of dollars with this purge, affecting approximately 20 on-air personalities. The decision was communicated to all ESPN employees via an internal memo on Friday (June 30) morning.

While ESPN’s memo did not provide detailed information about the specific cuts, it emphasised that “no sacred cows” would be spared during the layoffs. The memo stated that the network had to turn its focus on public-facing commentator salaries to identify cost savings, leading to these job cuts.

Among the high-profile names who have been let go are Jeff Van Gundy, Max Kellerman, Keyshawn Johnson, Suzy Kolber, and Jalen Rose. Jeff Van Gundy, known for his outstanding NBA analysis, and Keyshawn Johnson, who signed a substantial contract just a year ago, were among the most surprising cuts.

Other notable figures affected by the layoffs include Matt Hasselbeck and Steve Young, both analysts for “NFL Countdown,” Todd McShay, an NFL draft expert, LaPhonso Ellis, a college basketball analyst, and Ashley Brewer, an anchor for “SportsCenter.”

These recent layoffs mark the third round of job cuts by ESPN’s parent company, Disney, which previously announced plans to eliminate around 7,000 jobs. The previous layoffs primarily affected behind-the-scenes personnel.

However, this time, ESPN chairman Jimmy Pitaro decided to target on-air talent to achieve cost savings, particularly those earning seven-figure salaries.

ESPN’s decision to let go of prominent on-air personalities is expected to send a signal to employees with upcoming contract negotiations, indicating that the network will adopt a tougher stance. Despite these cost-cutting measures, ESPN has recently made headlines by signing Pat McAfee to an impressive $85 million contract for his upcoming show, which is set to begin airing in the fall.

While those affected by the layoffs may have opportunities to work with other networks, ESPN’s legal department will need to work out the financial details with the departing personalities. Disney’s decision to establish ESPN as its own division means that in November, the network will disclose its earnings separately for the first time. Despite challenges posed by cord-cutting, sources suggest that ESPN’s financial performance remains commendable.