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.