edumacation rulez wrote:
You are rojo are following the same brainless analysis that I've seen on twitter.
Let me repeat.
He didn't get $4.2M in 2018.
His 2018 has NOTHING to do with what's happening now. ZER0. It has nothing to do with the Covid layoffs. To tie the 2 together is stupid.
I can agree his salary seems excessive and he should take more of the a cut for this year.
I disagree with your analysis.
Rojo didn't say he's getting 4.2 million right now.
Max is entitled to get $4.2 million. I'm assuming since the auditors put it on the books that means he gets the money no matter what even if he leaves USATF.
And the fact of the matter is if USATF wasn't on the hook for $4.2 million for Max it could use that money for whatever else it wants. Say that's an extra $700k per year in deferred comp max gets.
Max got a lot more money from Nike (and USATF is paying a $1 million commission to the company that did this). Besides that I'm not sure what he has done.
But if Max didn't get a new Nike deal he wouldn't be doing the basics of his job. Is Max getting a ton of money for Nike in a no bid contract a sign of his genius or just a sign of the sports right landscape paying a ton more for these deals? I'd say it's the latter. In all sports across the board, shoe companies are paying a TON for sponsorship deals with top entities.
Plus there is the issue USATF is a non-profit and Max was an insider on the Board which set his salary and the Nike deal was negotiated with Steve Miller who used to work at Nike. Just red flags all around on poor non-profit governance.
It is great Max got a lot of money from Nike but considering the Nike contract I think was up, this seems like something he should have done.
Maybe I should hire that consultancy to sell ads for LetsRun :) They aren't selling sports sponsorships right now.