Report: Bud Selig to Get Two-Year Contract Extension as MLB Commissioner

Baseball fans should get used to Bud Selig overseeing the game, as the longtime commissioner could be about to get a contract extension. reports that Selig will officially be presented with a two-year extension during owners' meetings this week in Arizona. Selig is expected to continue in his role as Major League Baseball commissioner, despite claims that he would walk away after 2012.

The 77-year-old is about to enter the final year of his current contract, a three-year pact agreed upon prior to the 2009 season. Things are going well for Selig and baseball in general, as the league is in the midst of labor peace right now.

The report also states that Selig is believed to earn an annual $22 million compensation, which includes the use of a private jet.

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