Wednesday, March 12, 2008

Bud Selig Getting Paid...

Well, Bud Selig, in spite of his foibles on Capitol Hill, the steroid and whatever else is still loved by a certain group -- baseball owners, and they are making sure he gets paid.
Bud Selig is the highest paid among the league commissioners of baseball, football, basketball and hockey. Selig was paid $15.06 million for the fiscal year ending Oct. 31, 2006, according to a report in SportsBusiness Journal, a trade publication. Selig's pay represents a 4% increase from the $14.5 million he was paid for the previous fiscal year. The figure was obtained from the tax filings Major League Baseball has made.

I know some people about his salary; however, from a business standpoint, he runs an enterprise that generates $6 billion in revenue. His salary is in line or perhaps below what may CEO's, hedge fund operators, and celebrities make -- is Bud's salary deserving?

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