Friday, 20 August 2010

Sports News – A quick look at the Commissioners who run the multibillion-dollar world of Pro-Sports

by Stephen Lars on Aug.19, 2010, under Sports News

If you take a look at some of the more recent careers thought on American colleges, you might have stumbled across higher-education institutions that offered bachelor degrees on Sports Management. You can’t help but wonder how many young students are actually investing in such a career. It doesn’t really sound profitable unless you make it to the big leagues, and even then, it would seem as if your degree had very little to do with becoming the commissioner of any major professional sport league.

It is no secret that being the responsible for a sport is a very demanding job. This holds true particularly if you are the commissioner of one of the top-ranking sports in the world. In the following lines we are going to take a look at sports best paid commissioners. We must advice that as of press time, we were not able to come up with a good source for Joseph Blatter’s salary. Rumor has it, he would be the number one ranked sports commissioner (all though he is the president of FIFA, in general terms his title inside the soccer’s elite federation, the job description fits fairly well).

So, there is no point in arguing that sports commissioners have to deal with many issues, including disputes, negotiating contracts, taking care of all disciplinary matters and basically, they are the face of the sport. Not only do they have to deal with many complex issues, but their every move and decision is closely followed by and certainly criticized by the team’s fans, the owners, the players, and the specialized media.

But don’t get us wrong here. It pays very well to be one. For starters, let’s take a look at the guy who handles MLB. Bud Sleig, just for the record, a Bachelor in Political Sciences and American History by the Wisconsin-Madison, hits under 19 million dollars last year. He made 17.4 million in base salary, a little under half a million dollars in both employee benefits and expense allowances. Now, that is a sweet deal. Just to get you into perspective, the average baseball player makes 3.3 million dollars. Now, to really give you an idea of how his salary compares to the the MLB standards, only ten professional active players make more money then Selig.

Now, take a guess, who hits the number 2 mark? Well, that’s right, it is the NFL commissioner Roger Goodell. He also has to deal with a lot of responsibilities and tasks, among them having to control one of the most profitable sports leagues in the world. Check this out, the NFL made nearly 6 billion dollars on revenue last season. Not only is it amazingly rich, the NFL is the most sought after marketing good, since it is the most popular professional sport in the US. Godell only made 11 million dollars last year. Poor thing. Because of the need to cut operating costs, he froze his salary this year, and back in 2008, he had established a 25% pay cut on his salary.

David Stern, the NBA commissioner sits at third. He is partially, next to Micheal Jordan, of the 1990’s rise to stardom of the NBA as a professional and extremely competitive and entertaining league. Many consider him the finest commissioner of all sports. Rumor has it, that he makes somewhere around the 10 million dollar mark on his salary. He probably should be making a bit more considering the superb job he has made as the head of the NBA.

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