Bud Selig

Biographical Information

Allan H. "Bud" Selig, Jr. is the Commissioner of Major League Baseball, a role he has held officially since 1998, and held on an interim basis (as Chairman of the Major League Executive Council) before that, starting in 1992.

Selig, a native of Milwaukee, Wisconsin, began his participation in Baseball as a majority shareholder of the Boston Braves in the early 1950s. After the Braves moved to Atlanta in 1965, he sold his stock in the team, and five years later, he purchased the bankrupt Seattle Pilots franchise and moved it to Milwaukee, renaming them the Brewers.

Under Selig's guidance, the Brewers reached the World Series in 1982, but have since failed to reach the postseason. After taking over as MLB Commissioner, he transferred ownership of the team to his daughter, Wendy Selig-Prieb, although the team was later sold.

In 2006, Selig announced that he plans to retire from his position at the end of his contract in 2009. However, his contract was subsequently extended twice, through 2012 and then through 2014. He currently plans to step down in January 2015.

Salary and Net Worth

It has been reported that Bud Selig's salary currently exceeds $22 million. His net worth is estimated by Dave Manuel and Celebrity Net Worth to be in the $375-$400 million range.

Accomplishments and Criticisms

Bud Selig has presided over a variety of changes in Major League Baseball since 1992. Many of these transitions have been credited for helping to increase the game's popularity, while others have drawn criticism. Among the events occurring under Selig's watch:

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