Jason Robins, Matt Kalish, and Paul Liberman opted to receive a salary of only $1 for the year 2022. However, their total compensation for the year, which includes bonuses and share awards, reached $130 million. Robins received a total compensation of $47 million, with $44 million in share awards. Kalish and Liberman each received $41 million, with $40 million in share awards. Their total compensation for 2021 was $11 million each, while the CFO, Jason Park, received a total compensation of $15 million, including $13 million in share awards. The bonuses and share awards were determined by a combination of revenue and adjusted EBITDA targets, while long-term incentive plans set out in December 2020 were also triggered. The company’s 14-K, which was published on Friday, stated that the three executives will continue to receive a $1 salary for 2023.

While the company is growing revenue, you have to wonder how this news sits with shareholders. The Stock was at a high of $71 in 2021 and currently sits at $17 per share. FanDuel continues to widen its lead in the US online gaming market as well. Further in a market where interest rates have climbed, they are still losing $3.18 per share.