NHL’s pay to Bettman nears $8 million
NHL’s pay to Bettman nears $8 millionPublished August 13, 2012
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.
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.