NY Times all choked up, happy that Bud Selig 'finally finds peace'
- $20 million a year atop a legal monopoly.
- "Selig finally finds peace as he looks to his next job," NY Times, Tyler Kepner
- "Baseball's commissioner, Bud Selig, at Marquette University Law School, where he has lectured on numerous topics since 2009."
- 2/2/09, "Selig's pay climbs past $18 million," Sports Business Journal, by Eric Fisher
- beyond the $18+ million):
Selig’s pay is outlined in MLB’s most recently filed tax documents for the Office of the Commissioner. The amount covers the last full year of work for the longtime commissioner before he agreed to a three-year contract extension in January 2008 that will keep him in the post through 2012. That deal, at the time of its signing, was believed to call for further salary increases....
Selig’s earning power has surpassed that of other league commissioners for at least several years, and his 2007 compensation is more than most MLB players, too.... Entering 2009, only seven MLB players will earn more this year than Selig’s $18.35 million of two years ago....
The return will likely be the final one available to the public anyway, as the Office of the Commissioner has since gone through a change in filing status to become a for-profit limited liability corporation. MLB executives have said the move is tax-neutral for the league, but they have not articulated how that was achieved or, if that is indeed the case, why it was not pursued previously. DuPuy said in August that the switch, while motivated in part by a desire to avoid further public disclosures, would “better reflect the nature and structure of our business.”
The change relieves MLB of IRS disclosure rules that went into effect last year for 2008 and beyond mandating the listing of up to 20 employees of nonprofit entities who earn more than $150,000 and carry significant functional responsibilities.
Gross receipts for the commissioner’s office, generated almost entirely by dues levied on the individual MLB clubs, rose 14 percent during the fiscal year to $141.3 million."
- 3/8/2009, "Overpaid Selig Should be Held Accountable" Wallace Matthews Newsday,
- In the interim, I have gotten one talking-to after another by Friends of Bud who want me to
- back off the poor, beleaguered commissioner.
- If he thinks being questioned by a reporter whose only form of punishment
- is delivered in 12 inches of column space in a newspaper is tough,
- he should try being a player someday.
- Yet the same people assume Selig is telling the truth when he says he had no idea his game was infected with steroids in the mid-'90s.
- 1998 and saying what no one in baseball wanted to hear:
- that the game was being overrun by steroids....
- If he knew but couldn't act because he was powerless in the face of his players association, then it's strike three. You're out, Bud.
- The same teams pay $18.5 million a year for a commissioner, more money than is paid to all but a handful of players.
- (originally posted on this blog on 3/8/09, link defaults to Newsday)
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