Submitted by GamerXD 734d ago | news

EA cuts Probst's salary to $515,000

Electronic Arts halves compensation for executive chairman Larry Probst from $1.03 million following appointment of Andrew Wilson to CEO. (Industry)

majiebeast  +   734d ago
Poor guy now he is less rich!
#1 (Edited 734d ago ) | Agree(14) | Disagree(0) | Report | Reply
nick309  +   734d ago
With 515k a month i wouldve bought 10 of each console + pcs. I wanna cry for him /S
LostDjinn  +   734d ago
"Electronic Arts has cut executive chairman Larry Probst's ANNUAL salary from $1.03 million to $515,000 effective October 1" - Man, if he was getting 515k a month he'd be wipin' his butt with C-notes.
HammadTheBeast  +   733d ago
Depends. If he's living in a good house in an upscale place, 500 k isn't a whole lot.

He's probably busy paying gas every 20 minutes for his lambo or Aston martin.
aCasualGamer  +   733d ago
I think it's morally wrong to get that much salory, from any line of work, especially knowing that there are people out there starving to death. But hey, as long as his wifey is getting paid.
Army_of_Darkness  +   733d ago
Wow! Getting your salary cut by half would definitely suck ass, but its obvious that his company gave him a simple choice.
Either get a salary cut, or leave.
udderom482   733d ago | Spam
HammockGames  +   733d ago
We'll know he's hurting when he starts posting spam links on N4G.

C'mon spammers! This is your chance to actually help somebody!

/Giant S
zeal0us  +   733d ago
Yet he's still making more money than most of us
DaGR8JIBRALTAR  +   733d ago
all of us...
nukeitall  +   733d ago
Maybe because Larry isn't busy on a website or playing games?

JimCom95  +   733d ago
Hey Ill take that salary lol.
Pancit_Canton  +   733d ago
I want at least 1/4 of his salary.
Raven722  +   733d ago
By the gods! How will this man survive on only 500,000?!
PurpHerbison  +   733d ago
Terrible, ain't it?
GeneralRaam93   733d ago | Spam
GreenRanger  +   733d ago
B-radical  +   733d ago
Now he will have to wait an extra year to get that extra story added on his mansion :( poor guy feeling for him
#8 (Edited 733d ago ) | Agree(3) | Disagree(0) | Report | Reply
matrixman92  +   733d ago
oh man, this is horrible. He might have to go a week without steak for dinner
aLucidMind  +   733d ago
And still makes way too much. Nobody should make more than 100,000; nobody NEEDS to make anything more than two million in their entire lifetime, considering two million will pay for all basic living expenses for 80 years and that's if you're paying $2,000 per month (which is rounding up a generous amount).
Persistantthug  +   733d ago
I wouldn't go that far......

EA is based in the Bay Area. An average single story 3 to 4 bedroom house in an average neighborhood costs about $500 - $600K.....easy, and that's only if you're compromising.
I'm not exaggerating either.

Property Taxes alone would be about 8 to 9 grand per year on that, btw.
Just sayin
#10.1 (Edited 733d ago ) | Agree(1) | Disagree(0) | Report | Reply
Eonjay  +   733d ago
Cry me a river.
GreenRanger  +   733d ago
He could buy you a river.
SpitFireAce85  +   733d ago
I hope Uncle Sam takes a huge bite out of his A$$
30% or more...
SaffronCurse  +   733d ago
Oh man this guy must be furious!!!
pandehz  +   733d ago
I feel bad for him
ziggurcat  +   733d ago
i think you forgot the /sarcasm tag...
Killjoy3000  +   733d ago
The gulf stream 4 doesn't even have a remote control for its surround sound DVD system. Now do you think that downloading music for free isn't A BIG DEAL??!
housegroove76  +   733d ago
Bubs for the South Park quote ^_^
wenaldy  +   733d ago
First World Problem!!!! /S
somedude342  +   733d ago
still overpaid
jgrigs09  +   733d ago
Not defending this guy. But having a salary slashed in half is pretty tough. He'll have to get rid of some things he could previously afford. Which is a bitch. Other then that. 500K is a price someone in his position should be paid not millions.
#18 (Edited 733d ago ) | Agree(0) | Disagree(0) | Report | Reply
azshorty2003  +   733d ago
But how will he afford the Diamond encrusted pool filled with Oil and Grey Goose?!
ufo8mycat  +   733d ago
Oh no 500k oh dear what is he going to do now?!

Seriously though, if I was getting this kind of cash, I would still be living in my nice 3 bedroom apartment.

I would have no temptation to buy a mansion to live in, a car museum. Those are just things I have no need for.
Enigma_2099  +   732d ago
He STILL makes more money than I'll ever see, so **** 'em.

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