‘Daytona Day’ back with new activation MLS sponsor loyalty: Coke bubbles up Baker to chair sports group at O’Melveny Suns’ strategy? Take a look (in VR) IndyCar steers marketing toward digital NBPA bets on power of its stars Coast to Coast How Clemson nails it on social media Fewer seats mean greater value in Miami CFP notebook: More Culpepper
SBJ/August 13-19, 2012/Leagues and Governing BodiesPrint All
NHL Commissioner Gary Bettman received almost $8 million in salary and benefits during the fiscal year ending June 30, 2011, according to the league’s most recent tax filing, up from a total compensation of $7.5 million the previous year.
NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly (left) were the two highest-paid execs listed in the tax filing.
Photo by:AP IMAGES
The tax filing does not include the revenue and expenses of NHL Enterprises and the NHL Network, which are not tax-exempt.
Bettman’s base salary for the 2010-11 season was $6,090,173. Other compensation was $1,711,930. He also received $155,782 in deferred compensation and $25,868 in benefits.
By comparison, MLB Commissioner Bud Selig is believed to make more than $20 million annually, and NFL Commissioner Roger Goodell earlier this year signed a five-year contract extension that ultimately is expected to double his salary to about $20 million a year.
NBA Commissioner David Stern’s salary has never been made public
The NHL declined to comment on the filing.
NHL executive salaries
EXECUTIVE POSITION COMPENSATION* Gary Bettman Commissioner $7,983,753 Bill Daly Deputy commissioner $2,856,431 John Collins Chief operating officer $2,315,455 Colin Campbell Senior vice president $2,050,743 Craig Harnett Chief financial officer $1,544,084 David Zimmerman General counsel $975,037 Joseph DeSousa Executive vice president, finance $876,681 Michael Murphy Senior vice president, hockey operations $711,119 Stephen Walkom** Director of officiating $474,601
* Total compensation includes base compensation, bonuses, other reportable compensation, deferred compensation and non-taxable benefits.
** Left the position in 2009 and returned to refereeing
Source: Form 990, Department of the Treasury, Internal Revenue Service
On the whole, the league posted a loss for its business of $14.7 million for the year, according to the tax filing. Expenses rose 25 percent from $83.3 million to $103.9 million, while revenue declined from $91.4 million to $89.1 million.
As part of the tax filing, the NHL also listed its five highest-paid contractors. Of the top five, three were for legal services, totaling $8.8 million: Skadden, Arps, Slate, Meagher — which represented the NHL when it acquired the Phoenix Coyotes in November 2009 — at $6.08 million; Proskauer at $1.74 million, and Covington & Burling at $979,589.