David Stern underpaid compared to Bud Selig

NEW YORK — Two league officials say NBA Commissioner David Stern makes less than baseball's Bud Selig or the NFL's Roger Goodell, leaving his salary far below the more than $20 million that's been reported.

Some reports had Stern's salary at $23 million, angering locked-out players being asked to accept pay cuts in a new collective bargaining agreement. One of the officials told The Associated Press on Thursday that Stern's salary is set by the advisory/finance committee, which consists of 11 owners. The people were granted anonymity because the NBA does not release individual salaries.

Selig makes more than $18 million annually. Goodell receives about $10 million in salary, bonus and incentives.

The officials confirmed an ESPN.com report that Stern has declined to accept a pay check during the work stoppage, as he said he would when asked during the All-Star break about Goodell's plan to lower his salary to $1 during the NFL's lockout.