(FootballStL) — NFL Commissioner Roger Goodell was paid $44.2 million dollars in 2012. Does that seem a little high to anybody else?
Goodell's pay is public knowledge because the NFL was granted certain anti-trust exemptions by Congress and is classified as a non-profit organization. It's a non-profit organization that generates roughly $10 billion dollars annually.
NFL revenues have grown steadily under Goodell's leadership, but then NFL revenues also grew under the leadership of every other commissioner in league history. Is Goodell really the only guy smart enough to make the NFL highly profitable? If his salary was cut to say... $5 million, would he quit? Would it be impossible to find anybody else in the corporate world to do what he does unless the pay rate is $44.2 million a year?
Goodell's salary is paid by the 32 NFL owners. They say the money comes out of their pockets, but where are they getting that money? They have that kind of cash to pay a commissioner partly because of ever increasing ticket, concession, merchandise and parking prices. Ultimately, the fans are picking up a big chunk of Goodell's salary.
I understand that Roger Goodell has been an outstanding commissioner, but at some point enough is enough. Fans see what one man like Goodell is earning, compare it to what they make, and it can't help but make them a little cynical of the skyrocketing cost of attending an NFL game. Roger Goodell makes more than twice as much as Peyton Manning. Does that make sense, or is it just me?
The chief executive of Walmart, Michael Duke, was paid about $20 million last year. Walmart had sales of $470 billion, or about $460 billion more than the NFL.
Major league baseball commissioner Bud Selig made $17.6 million in 2006, the last year public filings are available. MLB has since given up its nonprofit status. NHL commissioner Gary Bettman earned $8.3 million in 2012. NBA commissioner David Stern's salary is not public because the NBA is not classified a nonprofit organization.
I'm as much in favor of capitalism as the next guy, but isn't Goodell's salary just a bit much? It's one thing to rake in that kind of money if you're Bill Gates and you started one of the world's most profitable businesses from scratch. But to simply step into a leadership position with an organization like the NFL that was already highly profitable, and bring down $44.2 million a year just seems a little crazy to me.