MLB NEWS

Selig to earn $6M a year in retirement

The Sports Xchange

December 19, 2014 at 10:57 am.

MLB commissioner Bud Selig. Christopher Hanewinckel-USA TODAY Sports

Commissioner Bud Selig will receive a salary of about $6 million annually in retirement, ESPN.com reported Friday.

Selig, who officially retires on Jan. 25 when Rob Manfred takes over, started running Major League Baseball as chairman of the executive council in 1992 after helping force commissioner Fay Vincent’s resignation. The 80-year-old Selig was elected commissioner in July 1998 .

Manfred, who has worked for MLB since 1998, was chosen to replace Selig in August.

Selig will be honored with an interactive exhibit at the Brewers’ Miller Park in Milwaukee. The “Selig Experience” in the left-field corner of the loge level is to include include a 3-D multimedia presentation and a replica of his paper-cluttered County Stadium office.

Selig led the group that bought the expansion Seattle Pilots in bankruptcy court and moved the team to Milwaukee before the 1970 season. His family controlled the Brewers until selling the team to Mark Attanasio in 2005.

ALL  |  NFL  |  College Football  |  MLB  |  NBA