In case you didn’t know, detailed financial statements are publically available for your sporting organizations.
Some quick pulls from the statements include that in 2009, USA Swimming spent $1.3 million for legal services. In the same year, USA Triathlon claimed $8.3 million in contributions and grants. Also in 2009, USA Cycling collected $4.5 million in membership dues.
The CEOs of USA Triathlon and USA Cycling make annual salaries less than half that of the USA Swimming CEO at a total compensation package of $731,581.
If there are world-class expectations and world-class performance there should be high, world-class, compensation.
I’m happy to see the organizations associated with swimming, cycling and triathlon increasing income and salaries. It may be awhile before we reach the levels of baseball, football and basketball – but – there has been significant improvement in the last 10 to 15 years.