Sunday, August 7, 2011

David Stern Salary: Sources Say NBA Commissioner Paid Less Than Roger Goodell, Bud Selig

NEW YORK -- Two league officials say NBA Commissioner David Stern makes less than baseball's Bud Selig or the NFL's Roger Goodell, leaving his salary far below the more than $20 million that's been reported.

Some reports had Stern's salary at $23 million, angering locked-out players being asked to accept pay cuts in a new collective bargaining agreement.

One of the officials told The Associated Press on Thursday that Stern's salary is set by the advisory/finance committee, which consists of 11 owners. The people were granted anonymity because the NBA does not release individual salaries.

Selig makes more than $18 million annually. Goodell receives about $10 million in salary, bonus and incentives.

The officials confirmed an ESPN.com report that Stern has declined to accept a pay check during the work stoppage, as he said he would when asked during the All-Star break about Goodell's plan to lower his salary to $1 during the NFL's lockout.

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Source: http://www.huffingtonpost.com/2011/08/05/david-stern-salary-nba-commissioner_n_919074.html

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