Slog

News & Arts

The Stranger Suggests

Critics' Best Bets
Music Arts & Food


Line Out

Music & the City
at Night

Tuesday, July 7, 2009

Foul Shot

Posted by on Tue, Jul 7, 2009 at 11:38 AM

James Donaldson, the former Seattle SuperSonic now running for mayor, attempted to lampoon Seattle Mayor Greg Nickels this morning for giving City Light Superintendent Jorge Carrasco a $40,000 bonus. Donaldson told the Seattle P-I, "Mayor Nickels has his priorities all screwed up." Indeed, the economy sucks and one man’s forty-grand bonus is another man’s pink slip… AND HOW DARE THE MAYOR??!!

But Nickels spokesman Alex Fryer points out that Carrasco’s contract required the bonus for reaching several milestones, including Carrasco meeting his four-year tenure, reducing the ratio of debt to equity, and cutting outstanding debt from the 2001 energy crisis. The city council unanimously approved his contract last year—so they share part of the blame, if anyone is to be blamed for wasteful spending. But Carrasco takes a smaller salary than utility officials in neighboring counties—a fact that the Seattle Post Globe’s Kery Murakami pointed out in the article that Donaldson was responding to. Nickels had no choice but to fulfill the contract, which was public record.

So does Nickels have his “priorities all screwed up” on the issue of this bonus? Reached by phone this morning, Donaldson sung a different tune. He said Nickels's mistake was failing to make an announcement about the bonus. “The public requires some explanation about why it was deemed necessary to do so, especially in this economic climate,” he said. Fair enough, notice would be nice, but that’s different than Donaldson's assertion to the PI, which is essentially that Nickels shouldn't have done it.

Considering that Nickels has been such a lackluster “leader,” it seems Donaldson could make a stronger case of misplaced priorities (e.g., toy train to Paul Allen Land). In lieu of making a solid point, Donaldson's argument appears a specious attack geared to grab attention for his campaign.

Donaldson also knows all about high salaries and bonuses. In Donaldson's career as a pro basketball player, he said, his salary peaked out at about $800,000 plus nearly $200,000 in bonuses. “Our contracts were rife with bonuses," he said.

 

Comments (11) RSS

Oldest First Unregistered On Registered On Add a comment
Will in Seattle 1
The UAW had contracts but they didn't get raises or the health care they were promised under them.

Donaldson has a point.
Posted by Will in Seattle http://www.facebook.com/WillSeattle on July 7, 2009 at 12:14 PM
Mahtli69 2
I saw Donaldson eating lunch in Magnolia yesterday. He's fucking HUGE. I have nothing else to add.
Posted by Mahtli69 on July 7, 2009 at 12:19 PM
3
@1

Yeah, because the parent company went bankrupt. (In part because of those contracts, I might add)
Posted by vailripper on July 7, 2009 at 12:21 PM
lukeiscool 4
Why should he be required to make a special announcement when it's already public record?
Posted by lukeiscool on July 7, 2009 at 12:22 PM
Hernandez 5
So he makes a big deal out of this without even bothering to research the background behind Carrasco's bonus? Attention grab fail. I'm no fan of Nickels, but this knee-jerk loudmouthing does nothing to improve my esteem of Donaldson.
Posted by Hernandez http://hernandezlist.blogspot.com on July 7, 2009 at 12:24 PM
6
So is this post Slogs round-about way of saying "we got suckered by Donaldson"?
Posted by 'Sorry' seems to be the hardest word... on July 7, 2009 at 12:24 PM
Will in Seattle 7

@3 - and the CEOs and senior execs still got their bonus payments.

I rest my case.
Posted by Will in Seattle http://www.facebook.com/WillSeattle on July 7, 2009 at 1:02 PM
8
a peak NBA salary of less than $1million is relatively tiny
Posted by Postum on July 7, 2009 at 1:13 PM
seandr 9
Seriously, why are we discussing a CEO who makes a lousy 200k a year with a shitty little 40k bonus? Those are more than reasonable numbers for a CEO that meets his end of a deal.

Posted by seandr on July 7, 2009 at 4:13 PM
Greg 10
Sounds like he shot his mouth off without researching the topic. There but for the grace of God...
Posted by Greg on July 7, 2009 at 4:38 PM
11
far as I'm concerned, Carrasco did a good job and deserved a bonus.

I have a problem, on the other hand, with execs who receive money when their companies lose money. they should get no bonus period and in those times and it should be federal law.
Posted by dmathias on July 7, 2009 at 8:34 PM

Add a comment

Advertisement
 

All contents © Index Newspapers, LLC
1535 11th Ave (Third Floor), Seattle, WA 98122
Contact Info | Privacy Policy | Terms of Use | Takedown Policy