Editing Bud Selig (section)

=== Term of service ===

On December 1, 2006, Selig announced that he would be retiring as commissioner of baseball upon the expiration of his contract in 2009. Selig earned $14.5 million from MLB over the timespan October 31, 2005 to October 31, 2006.<ref>{{cite web | agency = The Canadian Press | title = MLB: Selig made $14.5 million last year | publisher = The Sports Network (TSN) | date = April 3, 2007 | url = https://www.tsn.ca/mlb/news_story/?ID=202619&hubname= | archive-url = https://web.archive.org/web/20080122184319/http://www.tsn.ca/mlb/news_story/?ID=202619&hubname= | archive-date = January 22, 2008 | access-date = September 12, 2007 }}</ref> However, in January 2008, Selig agreed to a three-year contract extension, announcing he planned to retire after the 2012 season.<ref name="USAToday-extension2012">{{cite web| last = Nightengale| first = Bob| title = MLB gives Selig contract extension through 2012| work=USA Today| date = January 18, 2008| url = https://www.usatoday.com/sports/baseball/2008-01-17-selig-extension_N.htm| access-date = November 16, 2011 }}</ref> He further decided against retirement, and after a two-year extension for the previous deal was agreed to on January 12, 2012, it was announced that Selig would remain commissioner until the end of the 2014 season.<ref name="Bloom"/>