Sports Illustrated-Layoffs

    FILE – In this Saturday, Feb. 27, 2016 file photo, Mo’ne Davis, 14, of Philadelphia, signs an autograph
    for a fan on the cover of Sports Illustrated magazine at PNC Field in Moosic, Pa. Little-known media
    company Maven, Sports Illustrated’s new manager, says the sports magazine is cutting more than 40 jobs
    out of a staff of 150. Maven spokesman Greg Witter says it will add 200 contractors to cover college and
    professional sports teams for Sports Illustrated. Maven struck a licensing deal to operate Sports
    Illustrated with the magazine’s new owner, branding company Authentic Brands Group, in June.