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Thread: The compensation king

  1. #1
    Member redsfandan's Avatar
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    The compensation king

    Can we say overpaid???
    When it comes to the highest-earning commissioners in sports, no one's pay package measured up to Bud Selig's.

    The compensation king
    Sport Commish Total comp
    MLB Bud Selig $18.35M
    NFL Roger Goodell x-$11.2M
    NBA David Stern y-$10M
    NHL Gary Bettman $5.59M
    PGA Tour Tim Finchem $4.8M

    x-prorated; y-estimated
    Source: SportsBusiness Journal
    Only 3 players made more than Selig Monday, February 2, 2009 ESPN.com news services

    NEW YORK -- Baseball commissioner Bud Selig made more than all but three of his sport's players in 2007.

    Selig received a raise of about $3 million to nearly $17.5 million that year, according to Major League Baseball's latest tax return.

    His compensation was listed at $17,470,491 for the 12 months that ended Oct. 31, 2007, according to the return, which is available at guidestar.org. That was up from $14,515,071 in the prior 12 months.

    MLB's contribution to Selig in its benefit plan was $461,540, an increase from $400,999 in the previous return. He got $422,590 in expense account and other allowances, up from $140,603 in the previous fiscal year.

    His total compensatoin adding benefits and expenses was $18.35 million.

    Selig's pay was first reported by the Sports Business Journal.

    In 2007, the only players who received higher cash compensation were a trio of the Yankees: Alex Rodriguez at $23 million (plus $4 million deferred), Derek Jeter at $22 million (including a $2 million payment as part of his signing bonus) and Jason Giambi at $21.5 million (including a $500,000 payment as part of his signing bonus). Roger Clemens fell just short at $17,442,637.

    Selig took over as acting commissioner in September 1992 and was elected permanently in July 1998. His current term runs through 2012.

    For the second straight tax year, baseball's return did not list compensation for other top officials, such as chief operating officer Bob DuPuy, and executive vice presidents Rob Manfred, John McHale Jr., Jonathan Mariner and Jimmy Lee Solomon.

    The IRS form appears to require the disclosure of compensation for officers, directors and trustees.

    Information from The Associated Press was used in this report.
    "Now that's a real shame when folks be throwin' away a perfectly good white boy like that."

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  3. #2
    Socratic Gadfly TheNext44's Avatar
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    Re: The compensation king

    Forever known as "The Man Who Cancelled The World Series."

    His tenure as commissioner has been a complete disgrace. The commissioner was established to uphold the integrity of the game, and all Bud has done is make sure he and the other owners have gotten richer, and the fans have paid the price. Both with skyrocketing costs (in 1991, my season tickets cost $8 a piece, and you could get soda for $1 at the ballpark), and with less competition within the leagues.

    Bud could give a rat's ass about the integrity of the game, unless it would mean more money for him and his owner buddies.

  4. #3
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    Re: The compensation king

    What a complete joke. Being paid 18mill to mess up baseball.......

  5. #4
    a Red in Yankeetown elfmanvt07's Avatar
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    Re: The compensation king

    Quote Originally Posted by TheNext44 View Post
    In 1991, my season tickets cost $8 a piece, and you could get soda for $1 at the ballpark.
    I give a lot of credit for that to Marge. Love her or hate her, she made it cheap to go see a ballgame.
    2014 Reds record: 0-0

    I look like a banker in this...

  6. #5
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    Re: The compensation king

    It's comical.

    The owner's want one of their own as commissioner, which means he favors them and will do everything to protect them and help them get richer, including himself.

    The commissioner should neither favor the owners or the players. But amazingly, the those entities have alot to do with who becomes commissioner.

    I hate big government, but professional and college sports have become a disgrace, and I think government should maybe step in and put in place a non-biased person to rule the roost. I also am for a playoff system in college football.
    Who's on first?


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