by Larry Eder
The powerpoint presented by Max Siegel, the CEO of USA Track & Field shows that the financial status of the federation has gone from okay to fantastic: $19 million to $35 million in revenues, with net assets increasing from $ 3 million to $17 million.
The increase in spending in elite athlete support, coaching education, association support and member benefits is impressive and inspiring. Max Siegel has taken reign of the federation and is shaping it into a financially viable organization that can support events and athletes in ways we have not seen in the past.
Much of this is due to 71.55 percent of the support coming from sponsor programs done under Max Siegel’s watch. I applaud Max and his team for that.
To see the snapshot of USATF from 2012-2014 in its entirety, please click on: https://www.usatf.org/usatf/files/1c/1ca109b3-08a2-4c92-94b8-ad9d1e8edb4a.pdf .
