SBD/Issue 28/Sports Industrialists

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  • Don Fehr Gets $11M Compensation Package When He Leaves MLBPA

    Fehr Has Earned $1M Annually In
    Gross Salary From MLBPA Since '01
    Outgoing MLBPA Exec Dir DONALD FEHR will receive an $11M compensation package when he formally steps down from the union, according to a memo sent to MLB players cited by Amy Nelson of ESPN.com. The memo revealed that Fehr also will receive "continued access to the union's files and keep an office." Fehr has earned $1M annually in gross salary from the MLBPA since '01, while NBPA Exec Dir BILLY HUNTER earned $3.4M in '09 and late NFLPA Exec Dir GENE UPSHAW made $3.7M in '08. Tigers CF CURTIS GRANDERSON said that "when players compared Fehr's salary with the union heads of other major sports" and MLB Commissioner BUD SELIG, who reportedly earns $18M annually, the compensation amount was an "easy decision to make." Granderson: "We kept looking at how much Bud Selig makes and we looked at how much Don Fehr hasn't made." He noted that some players "balked at first," but estimated that about 97% of membership ultimately approved the package. It is unclear when exactly MICHAEL WEINER will replace Fehr atop the union. Nelson noted it was announced that Fehr's tenure "would conclude no later than the end of March 2010, but in reality it could happen earlier." Meanwhile, Fehr said that he is "still contemplating what he will do next." Fehr is a former BOD member of the USOC, but said, "I was heavily involved for eight years and I have no expectation of becoming formally involved with the Olympics or taking any position there." He noted that he has "not had any contact with anyone at the USOC or been approached about a position" (ESPN.com, 10/20).

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  • Executive Transactions

    LPGA Senior Media Relations Coordinator DANA GROSS-RHODE is leaving the tour, effective Friday, to pursue other interests (THE DAILY)....Digital Broadcasting Group (DBG) has hired CBS College Sports Senior Dir of Digital Infrastructure CHRISTOPHER MAGDELINSKAS as Chief Technology Officer (DBG)....Cleveland Wells Fargo Insurance Services Professional Athletes Division has hired EMILY DETERS as Commercial Insurance Exec (Wells Fargo)....Circle City Classic Exec Dir MARC WILLIAMS Monday announced his resignation after just four months. Williams was only the fourth Exec Dir in the event's 26-year history (IBJ.com, 10/19).

    Do you have an executive announcement? If so, please send to editorial@sportsbusinessdaily.com.

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  • Names In The News

    The NCAA yesterday reported that fewer than 25% of "all major collegiate athletic departments made money" during the '07-08 academic year. The NCAA surveyed all 119 FBS schools, 25 of which "reported overall profits" for the FY ending June 30, 2008, up from 19 in '06. While more than "half of all football and men's basketball programs finished in the black," only one women's basketball team made a profit (AP, 10/20).

    THE ORIGINAL MAVERICK: Mavericks Owner Mark Cuban yesterday argued that steroid use "may benefit those recovering from surgery." Cuban addressed several hundred students at the Univ. of Pittsburgh and said, "I'll get killed for saying this, but I'm not so against steroids if they're administered under proper supervision and there is no long-term damage." He added that he "did not think there is widespread use of steroids in the NBA." Meanwhile, Cuban said, "I'm not buying the Pirates. I tried. (It's) not going to happen" (PITTSBURGH POST-GAZETTE, 10/21).

    TRYING TO KEEP IT MELO: Nuggets F CARMELO ANTHONY was profiled by ESPN’s Lisa Salters on last night’s episode of “E:60,” and she noted while Anthony “has consistently put up great numbers,” he is also "known for a very public string of missteps that includes fights, drug charges and questions about his character." Anthony: "I'm tired of hearing that I'm a knucklehead. Mistakes happen, everybody makes mistakes." Basketball HOFer MICHAEL JORDAN in ’05 “spent a week with Anthony in Chicago to help him get back on track." Anthony said that the gesture "meant that I had somebody who was as powerful and as impactful as Michael Jordan to stand up and say, 'Regardless of what happened in the past I'm standing next to him.' From that point I took it as I can't let myself down, but I definitely can't let him down” ("E:60," ESPN, 10/20).

    FALL SALE: Dick's Sporting Goods officials have sold a combined 1.67 million shares of company stock since August, "with more than half of those sales this month." Dick's BOD member LAWRENCE SCHORR sold 50,000 shares, leaving him with just 28,602, while Exec VP & CMO JEFF HENNION has sold 20,000 shares since September 17. Dick's Chair & CEO EDWARD STACK and Vice Chair WILLIAM COLOMBO also sold shares. Dick's shares fell 1.8% yesterday to $24.73 (WALL STREET JOURNAL, 10/21).

    Chad Ochocinco Gets His
    Own Apple iPhone App
    NAMES: Toys "R" Us stores around Cleveland yesterday rolled out a new campaign featuring Cavaliers C SHAQUILLE O'NEAL for its annual Marine Corps' Toys for Tots holiday drive. The "Join Shaq, Give Back" effort features "life-sized posters of Shaq" inside retail stores (CLEVELAND.com, 10/20)....Heat G DWYANE WADE Friday night was inducted into the Miami Children's Hospital's HOF (PALMBEACHPOST.com, 10/19)....In Ft. Worth, Ray Buck writes Pro Football HOFer and North Texas Super Bowl XLV Host Committee chair ROGER STAUBACH is the "logical choice for the face on the first Super Bowl" in the area. When Staubach pitches the event, he "gives you the layout and projections for the NFL's biggest game coming to the region, plus a lot more" (FT. WORTH STAR-TELEGRAM, 10/21)....The Harlem Globetrotters "appear headed back to animated TV after signing a licensing and production partnership with Canada-based Cookie Jar Group." CBS "last aired an animated series based on the basketball team" in '71-72 (HOLLYWOOD REPORTER, 10/21)....Model MARISA MILLER will present Bulls G DERRICK ROSE with his "What's Sexy Now Chicago Athlete" nomination tomorrow at Bulls practice. Miller's appearance is tied into Victoria's Secret's "new downtown Chicago store opening" (CHICAGO TRIBUNE, 10/21)....Bengals WR CHAD OCHOCINCO has a "new iPhone application." For $4.99, fans can "follow his daily exploits in photos, videos and tweets." The application was "created with the help of" Bengals QB JORDAN PALMER (AP, 10/20)....Globe & Mail British Columbia columnist GARY MASON was "awarded his fifth Jack Webster Award for the best reporting of the year in print media for his exposure of the financial woes of the construction of the Olympic Village" (GLOBE & MAIL, 10/21).

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