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SportsBusiness Journal: Lockout no problem for Bettman’s paycheck

According to SportsBusiness Journal's Christopher Botta, NHL commissioner Gary Bettman's compensation did not take a hit due to the six-month-long owners' lockout in 2012. Instead, Botta reports that Bettman received a modest raise leading up to the lockout:

NHL Commissioner Gary Bettman’s salary and benefits climbed to more than $8 million for the 2011-12 season, the most recent full season prior to the 2012-13 lockout, according to the league’s newly available tax filing.

Bettman received more than $8.3 million in salary and benefits during the fiscal year ending June 30, 2012. His total compensation the previous year was $7.98 million.

By comparison, the salary of NFL Commissioner Roger Goodell is close to $30 million, according to that league’s most recent tax return. MLB Commissioner Bud Selig, whose salary is no longer publicly available through tax filings, is believed to make more than $20 million annually. NBA Commissioner David Stern’s salary has never been made public.

Bettman’s base salary for the 2011-12 season was $6,395,521. Payment defined as other compensation was $1,816,628. He also received $65,795 in deferred compensation and $28,800 in benefits.

Bettman’s salary has more than doubled over a period that has seen the league’s total revenue increase from $2.1 billion in 2003-04 to $3.2 billion for the season of this latest tax filing. In the lockout-canceled season of 2004-05, Bettman made $3.7 million.

In March, the league projected $2.4 billion in revenue for last season, which was shortened to 48 regular-season games for each team because of another lockout.

Botta continues and outlines other league executives' paychecks (and the league reported revenues of about $3.3 billion during the 2011-2012 season)...

Filed in: | KK Hockey | Permalink
  Tags: gary+bettman

Comments

redxblack's avatar

And if we were cursing Bettman instead of Jacobs and Liepold, it was money well spent (from the owners’ perspective).

Posted by redxblack from Akron Ohio on 09/03/13 at 11:00 AM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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