While player salaries haven’t kept pace with the skyrocketing growth of revenues in MLB, one player off-the-field is certainly cashing in.
After receiving an extension that will keep him as commissioner of baseball until at least 2012, Bud Selig has been pulling in a nice paycheck to go with.
Last year, Selig pulled in $14.5 million, which was more than all other sports executives. Think that the steroid scandal and the Mitchell Report have diluted Selig’s worth to his employers, the owners? Think again.
The Sports Business Journal reports that Selig had an increase in pay of 4 percent compared to last year, and pulled in a cool $15.06 million. As reported by the SBJ:
In total, MLB paid out $85.1 million in employee compensation and benefits for the 236-employee office during the fiscal year, up from $77 million the prior year for 231 employees.
The sum represents the lion’s share of the $124.2 million in gross receipts for the Office of the Commissioner, generated almost entirely by dues levied on the individual MLB clubs.
The MLB payout of 69 percent of organization revenue in employee compensation, up from 65 percent as reported in the prior year’s tax return, far exceeds other major sports leagues. The NFL pays out 27 percent of core league office expenses, while the NHL stands at 47 percent, according to those leagues’ respective returns.
How did other executives at the Commissioner’s Office fare? Hard saying. The league’s tax filings by which the SBJ obtained Selig’s salary has MLB President Bob DuPuy and four others listed, but no salaries are assigned to them. According to The AP from last year, outlining salaries for the 2005 fiscal year:
Bob DuPuy, baseball's chief operating officer, received $4,875,000, the publication reported in this week's issue. Pay for executive vice presidents included $1.92 million for Rob Manfred (labor relations), $1.3 million for John McHale Jr. (administration) and $1,245,000 for Jonathan Mariner (finance).
Sandy Alderson, who quit as executive vice president of baseball operations in 2005 to become chief executive officer of the San Diego Padres, made $875,000. Jimmie Lee Solomon, who replaced Alderson in June 2005, made $543,583.