Fehr to receive $11 million severance package
Posted at: 10/21/2009 11:35 AM
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(AP) NEW YORK - Donald Fehr will receive an $11 million severance package from the Major League Baseball Players Association when he leaves as executive director.
Players voted to approve the package last month following the recommendation of the union’s executive committee.
Fehr has held his job since December 1983 and in June announced his intention to retire.
Michael Weiner, the union’s general counsel, has been designated to succeed him and a final vote by the union’s executive board is scheduled for December.
Fehr’s compensation package was first reported by ESPN.com.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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