How the UFC remade itself since UFC 100 NHL sees value in Las Vegas Vegas team to affect Kings, Ducks IndyCar sets site selection process NBA leaving Las Vegas … for now MiLB extends merch sales hot streak NBA gateway to Silicon Valley NHL.com shifts course with new hires NFL finds funds for settlement NFL ups travel payments for teams
SBJ/August 13-19, 2012/Leagues and Governing Bodies
NHL’s pay to Bettman nears $8 million
Published August 13, 2012, Page 3
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
|NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly (left) were the two highest-paid execs listed in the tax filing.
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
|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.