Cosmos Have Laid Off Majority of Staff Members

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After spending two weeks waiting in limbo, some staff members of the New York Cosmos have finally been given the news: their employment with the team has officially come to an end.

EoS has learned that the majority of the team’s employees have been laid off by ownership on Friday afternoon. Ownership had placed a number of employees on furlough the past two weeks, leading to this decision.

The unfortunate development comes as little surprise following EoS’s report on Monday that the team had terminated the contracts of all its remaining players. Players and non-playing staff members went unpaid in the final weeks of the year as the Cosmos surged on the field to win their second straight NASL title.

The short and long term future of the Cosmos is still unknown. After reportedly losing tens of millions of dollars since their inception, the team is not expected to compete in 2017. Some outlets have reported that the team is courting potential investors from New York to purchase the team, but no names have been attached those rumors.

Even if CEO Seamus O’Brien does manage to find a buyer for the Cosmos, the odds of them finding a league in the near future do not seem in their favor. The NASL appears to be on the brink of collapse. The USL’s leadership is said to be resistant to having the Cosmos join their league as well. And adding to their dilemma, MLS Commisioner Don Garber said on Friday that New York will not have a third MLS team.

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