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What is upsetting is when you see activities like this that people assume when they go to games are paid for out of the goodness of the heart by the owners and the teams, and then to find out the taxpayers are paying for it. The advertising-marketing contracts were intended to help with recruiting efforts, but the military has no hard evidence they were effective. Many of the agreements involved the National Guard. The exact amount of the marketing contracts that went toward activities deemed as paid patriotism could not be determined. 1 million to teams in the National Football League, Major League Baseball, the National Hockey League, the National Basketball Association and Major League Soccer. 8 million worth of contracts to the major sports teams that included events considered to be paid patriotism. 6 million, according to the report. 570,000, the most of any National Hockey League team. The Atlanta contracts included a 2013 event during which a roaring crowd cheered as the Falcons welcomed 80 guard members who unfurled an American flag across the Georgia Dome’s turf.
Air Force received, among other things, personal appearances by driver Aric Almirola and retired driving legend Richard Petty. In statements in the report, NFL Commissioner Roger Goodell and Falcons owner Arthur Blank defend the voluntary support the league and its teams provide to the military. Goodell said the league is conducting an audit of all the agreements between teams and the military and would refund any “inappropriate” payments. President Obama’s spokesman, Josh Earnest, offered a mild defense Tuesday of the military using sporting events as a promotional stage.
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I’m not aware that the president has weighed in on this, and I will acknowledge that I’m not aware of the policies that govern those kinds of relationships,” Earnest said. I do know that the Department of Defense would likely say that these kinds of relationships enhance their recruiting efforts. In a July letter to Flake, Brad Carson, acting undersecretary of defense, said the improvement in the economy had made recruiting more difficult and that marketing was needed to meet recruiting goals. Sports events are an important component of this process,” he wrote. Flake asked in May for records of all marketing contracts since 2012 between military and sports franchises after discovering one between the New Jersey Army National Guard and the New York Jets.
But the material he received from the Pentagon was incomplete and in some cases misleading, the report said. Military officials turned over only about two-thirds of the 122 contracts identified by Senate investigators. In correspondence included in the report, Defense Department officials said they were continuing to gather information on the issue. In the meantime, both the National Guard and the Defense Department have banned some practices, such as paying for player appearances and ceremonies such as enlistments. In addition, the military authorization bill recently passed by Congress, but vetoed by President Obama, included a provision banning the military from entering into any agreements in which it pays for events honoring members of the military. A revised version of the authorization bill is expected to be voted on in Congress soon.
DOD and the professional sports teams will refrain from signing marketing and advertising contracts that could suggest even the appearance of impropriety. He said the changes already made by the services plus the ban on paid patriotism events included in the military authorization bill make any further action unnecessary. Share your feedback to help improve our site experience! The typical CEO at the biggest U. Top 10 highest paid CEOs in 2016The typical CEO at the biggest U. A link has been sent to your friend’s email address. A link has been posted to your Facebook feed.
Charter Communications CEO Thomas Rutledge, center, Gov. Greg Abbott, R-Texas, left, and Reed Cordish, assistant to the president for intragovernmental and technology initiatives, talk to reporters outside the White House in Washington on March 24, 2017, after a meeting with President Trump. Disney Chairman and CEO Robert Iger attends the “Beauty and the Beast” New York screening at Alice Tully Hall, Lincoln Center on March 13, 2017, in New York City. David Zaslav, president and CEO of Discovery Communications, appears on stage at Discovery Communications 2015 Winter TCA in Pasadena, Calif. Zaslav was one of the highest paid CEOs in 2016.
Robert “Bobby” Kotick, chief executive officer of Activision Blizzard, speaks at the Milken Institute Global Conference in Beverly Hills on May 3, 2017. Company Sun Valley Conference, July 5, 2016, in Sun Valley, Idaho. Time Warner Chairman and CEO Jeffrey Bewkes testifies on Capitol Hill in Washington on Dec. CEO of IBM Corporation speaks at the China development forum 2015 at Diaoyutai in Beijing on March 23, 2015. Leonard Schleifer, founder and chief executive of the biotechnology company Regeneron, in an interview on March 9, 2015.
Casino mogul Steve Wynn smiles during a news conference in Medford, Mass. Charter Communications CEO Thomas Rutledge speaks to reporters outside of the West Wing of the White House after meeting President Donald Trump on March 24, 2017 in Washington, DC. NEW YORK – The typical CEO at the biggest U. That’s the biggest raise in three years. The bump reflects how well stocks have done under these CEOs’ watch. Over the last five years, median CEO pay in the survey has jumped by 19. But CEO pay did fall for one group of companies last year: those where investors complained the loudest about executive pay.
Other measures that would highlight the income gap between CEOs and typical workers are on the way, but governance watchdogs worry that Congress will kill or dilute their strength. Heather Slavkin Corzo, director of the AFL-CIO Office of Investment, which says CEOs for major U. 347 times more than the average worker. CEOs typically got more than half their total compensation from stock and option grants last year.
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Here are the 10 highest-paid CEOs for 2016, as calculated by The Associated Press and Equilar, an executive data firm. Charter Communications absorbed Time Warner Cable and Bright House Networks last year to become the nation’s second-largest cable operator. 88 million from stock and option awards as part of a new five-year employment agreement. 9 million in bonus and stock awards the company’s board said he received for presiding over a 36.
CBS shares in 2016 and for keeping CBS the top-rated network in the 2015-16 season, among other performance measures. David Zaslav’s compensation from Discovery Communications, whose networks include TLC and Animal Plane, was from stock and option awards. 9 million in stock awards he received as part of a new five-year employment agreement. To get them, the company’s earnings per share must hit a certain level, among other financial targets.
8 million after many shareholders said they were upset about how much Activision Blizzard executives were making. The company also eliminated his guarantee for an annual salary increase. For its annual study of CEO pay, The Associated Press used data provided by Equilar, an executive data firm. Equilar examined the regulatory filings detailing the pay packages of 346 executives. Poor’s 500 index that filed proxy statements with federal regulators between Jan. To avoid the distortions caused by sign-on bonuses, the sample includes only CEOs in place for at least two years.
To calculate CEO pay, Equilar adds salary, bonus, perks, stock awards, stock option awards, deferred compensation and other pay components that include benefits and perks. Stock awards can either be time-based, or performance-based, meaning the CEO has to meet certain goals before getting them. Stock options usually give the CEO the right to buy shares in the future at the price they’re trading at when the options are granted. All are meant to tie the CEO’s pay to the company’s performance.