USATF CEO’s $3.8 million 2021 salary sparks outrage

Team USA athletes and track fans are outraged after USA Track & Field (USATF) CEO reported Max Siegel He said he made a whopping $3.8 million last year tax form Posted on the USATF website.

Siegel’s salary accounts for 11% of the organization’s total revenue of $33.6 million in 2021. His base salary was $685,000 and he received a $500,000 bonus, plus $2,574,598 in “other reportable compensation.”

Organization’s Deputy Commander, COO Lenny Washington, earned over $1.6 million last year. This equates to his 4% of total earnings (15% for two individuals).

American decathlete Harrison Williamswas part of Team USA at the 2019 World Athletics Championships, comment on this issue, “In a sport where the nation’s best athletes can only receive a $12,000 scholarship from the USATF (and they have to be among the top 15 in the world to get it), our CEO, Max Siegel, has just one year to go. To say I made $3,819,264 is just ridiculous.”

The 2016 800-meter Olympic bronze medalist said, “Imagine giving 10 athletes $10,000 of his salary and changing their lives and training opportunities…but then let him fly privately.” I can’t… once or twice,” he tweeted. Clayton Murphy.

2:09 US Marathoner Noah Dorody murmured: “I honestly hope that he gets a raise and that next year he will be more excited and get along better.”

CEO of USATF Earned $3.8 Million in 2021.In the meantime I had to retire for financial stability..I also worked 3 jobs during my training .. after making the Olympic team!

— Chelsea Hayes, OLY (@DatGirlChels_27) November 29, 2022

Nonprofit staff salaries increased by $2 million from 2020 to 2021. In 2020, his USATF salary was $7.4 million. In 2021, he will make $9.6 million for his 82 employees in the organization, an increase of nearly 30%.

An overview of Siegel’s salary, NHL commissioner Gary Bettman In 2021, they earned $9.6 million, representing 0.002% of the league’s total revenue of $5 billion. If he earned the same percentage as Siegel, his annual income would be $550 million.

Siegel’s annual salary is double that of USATF’s top athletes, world record holders, and world and Olympic champions. Sydney McLaughlinreportedly signed $1.5 million master contract 2019 at New Balance.

Surprisingly, Siegel’s 2021 salary will be his 2018 tax return, which came to $4.3 million. In 2020, Siegel earned $1.3 million after taking a 20% pay cut “amid pandemic-related earnings declines.” So in 2021, we’ve tripled the pay cut.

Submitted by USATF statement to runner’s world About Siegel’s Salary Performance:

“CEOs are evaluated annually and judged on the performance of the organization as a whole. The Board has been very pleased with Max’s performance. Yes, and we are poised to continue on that trajectory.The USATF Board is pleased with Max’s salary level and, as part of this year’s evaluation, has taken a deep dive with an outside firm to assess his level of expertise. and compare his salary to organizations with similar or smaller operating budgets.”

Each year, the 24-member USATF Board of Directors must: vote and approve USATF CEO Salaries.

Most U.S. track and field athletes are typically paid to compete, with a few exceptions such as Olympic medalists, top-10 ranked athletes, and athletes with large social media followings. I have not received. These athletes can receive bonuses From their sponsor or USATF. However, most track and field athletes do not receive salaries or payments for their performance.