As it stands, the discussion isn't going very far. Stop talking about what he does or doesn't do, or how much CEOs of marginally similar non-profits make. (I assume that this is a non-profit, though that matters less than one might think.)
First, what does his contract with USATF say? What are its terms? When was it written? Who authorized it or voted in favor of it. Who were the attorneys who negotiated it? What contingencies are accounted for? What is Siegel's full job description, and what is he precluded from doing while under contract (like contracting with third parties)? What is the contractual basis for each part of his compensation (for example, salary and percentages of third-party "sponsorships" and advertising revenue? Is any of this kept secret, and if so, does that violate disclosure laws that apply to quasi-governmental, statutory non-profit organizations? What state or federal law applies to each issue?
Personally, I believe that Max's income is obscenely high, and is either set or approved by individuals or boards that have massive conflicts of interest and have been breaching their fiduciary duty to the organization for a long time. But I also remember the Nike contract and my perception that this was, from the outset, a product of rank corruption. As for claims of racism, the thought has crossed my mind (as I believe it should), but I don't know the history or details and it doesn't seem like a productive line of inquiry for legal purposes at this (or, in all likelihood, any later) point.
So who has this information? Where are the investigators? If any of this is considered nonpublic information, what members of the organization or press are entitled to disclosure under a Freedom of Information Act request or civil discovery?