A Great Paying Job

Professional sports salaries are way out of line, but it's the nature of the business. They are part of the entertainment industry and get paid at the market rate.

The NFL announced that Commissioner Roger Goodell was paid over $29 million in 2011. His base pay was $3,117,000, but he also received a bonus of $22,309,000 and additional "other forms" of compensation.

Goodell was instrumental in helping the league sign a new 10 year labor deal with the players. He also got lucrative television contracts with ABC, CBS, NBC and ESPN.

Bud Selig of MLB and David Stern of the NBA get in access of $20 million annually. These guys are the CEO's of their businesses. What is the proper and fair compensation? They can't get any type of stock option which is typical in corporate America.

The commissioners serve at the will of the team owners in their respective sport. They owners determine the rate of compensation. The NFL is a $9 billion business. I'm not sure what his pay should be, but the NFL owners had no problem paying it.