Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Selig to Get New $25 Million-a-Year Contract, USA Today Says

Jan. 11 (Bloomberg) -- Major League Baseball Commissioner Bud Selig will receive a two-year contract extension that may pay him $25 million annually, USA Today reported.

The deal will be approved at an owners’ meeting in Arizona this week, the newspaper said, citing an unidentified baseball official with knowledge of the accord.

Selig’s pay is tied to MLB revenue, which is more than $7 billion a year, USA Today said. In 2007, the most recent year in which MLB tax documents are available, Selig earned $18.4 million, the report said. He agreed to a three-year contract extension in 2009, it said.

Selig’s salary is by far the highest among commissioners in the four major U.S. professional team sports, the report said, with the NFL’s Roger Goodell the second-highest earner at more than $10 million a year.

To contact the reporter on this story: Dex McLuskey in Dallas at dmcluskey@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.