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Blog Entry

Stern: I make more like a third of $23 million

Posted on: August 12, 2011 5:17 pm
Edited on: August 12, 2011 5:20 pm
 
Posted by Royce Young

David Stern reportedly makes something like $23 million a year. That's a huge number, one that's borderline ridiculous. Only a handful of NBA players make that much money and as Spencer Hawes tweeted, players aren't thrilled with the idea of the commish making that much.

Except the reported number is probably a little high. Other figures came out saying it was more like $16 million. Another saying maybe $13 million. One figure had it in the $9 million range, less than the other two major commissioners. So as you can see, the great lockout mystery is how much David Stern makes. That's where we've gotten to in this whole stupid thing.

Friday on the B.S. Report, Stern addressed the topic saying he probably makes something more like a third of the reported $23 million figure.

"In fact I'm goign to get thrown out of the commissioner's union for being on the low end," Stern said. "But guess what? I've been doing this for so long. I've made a very good living. And in, I guess it was 2008 when we started laying off people because of our business performance, I went to the owners and said I'm going to take a pay cut. I think it's a good idea and I'm going to freeze my salary.

"I did that with the audit and compensation committee which is six people that know exactly what I earn or what we've done. It's not a secret. Every owner can know it if they choose to because we review all salaries with the audit and compensation committee at least twice a year. But you see what's going on out there and it says, 'Nobody knows what Stern makes!' and it's just totally ridiculous."

The NBA did deny the reports claiming Stern made that $23 million number, but this is really the first time Stern himself has addressed it.

The fact it's been such a hot topic is a bit strange. What do people expect, Stern to work for free? He's the top dog for the NBA and has been at it for almost 40 years. I don't think anyone could really claim that Stern doesn't earn his salary. He's widely considered the top commish in sports and it's for a reason. Stern's salary isn't why we're in a lockout. It's a host of other reasons. Maybe finally this will get put to bed.
Category: NBA
Comments

Since: Oct 20, 2008
Posted on: August 13, 2011 1:00 pm
 

Stern: I make more like a third of $23 million

Stern deserves about $8 million less than even what he's reporting.  He's easily the worst commissioner in the top 4 pro sports leagues in N. America.

The lockout seems destined to mean the season will be at least partially lost.  Perhaps one good thing to come out of it will be that Stern will be gone.



Since: Jul 17, 2008
Posted on: August 13, 2011 9:09 am
 

Stern: I make more like a third of $23 million

If it isn't a secret than let everybody know! Everyone else has to show what they make. Stern is a liar. A theif. Much like most folks that earn that kind of money. I have yet to meet a person in this world that works hard enough to earn that kind of money. No one. I get where having money when your born and it created wealth without working.....But that might be why their is no money in the economy. These people(Stern) need to be wiped out. And he should be put to bed...forever. PRICK



Since: Sep 29, 2009
Posted on: August 13, 2011 2:30 am
 

Stern: I make more like a third of $23 million

HAHAHA David Stern the best commisioner in the 4 major sports!? This scumbag makes Goodell look like a saint and Selig smarter than Stephen Hawkins.



Since: Aug 12, 2011
Posted on: August 12, 2011 9:11 pm
 

Stern: I make more like a third of $23 million

I don't understand why there are no other professional basketball leagues in the US. Shouldn't there be another league? Especially since the NBA is not going to play this year? I'm tired of hearing about the bickering of millionaires. We the fan suffer. This was the best year of the NBA by far and now we're going to miss this year? I don't get it. There should be a league that focuses on the fans for once!



Since: Aug 21, 2006
Posted on: August 12, 2011 7:43 pm
 

Stern: I make more like a third of $23 million

I don't think anyone could really claim that Stern doesn't earn his salary. He's widely considered the top commish in sports and it's for a reason.
Where have you been? You got this completely backwards. I don't think anyone could really claim that Stern earns his salary. He's widely considered the worst commissioner in sports, and it's for a reason. Stern has made an absolute mess out of the NBA and basically announced to its fans that they mean nothing on multiple occasions.

Whatever David Stern makes, he's overpaid. Easily the worst commissioner of the four major sports, and I'd put him below MLS commissioner Don Garber as well. Stern is a disgrace.


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