Bud Selig to earn $6M a year

— -- Outgoing MLB commissioner Bud Selig will receive a salary of about $6 million annually in retirement, sources told ESPN.com's Buster Olney.

Selig, 80, took over running MLB as chairman of the executive council in 1992 after helping force commissioner Fay Vincent's resignation, was elected commissioner in July 1998 and is retiring on Jan. 25, when Rob Manfred takes over with a five-year term.

Manfred, who has worked for MLB since 1998, was chosen to replace Selig in August over Red Sox chairman Tom Werner.

Selig will be honored with an interactive exhibit at the Brewers' Miller Park in Milwaukee. The "Selig Experience" in the left-field corner of the loge level is to include include a 3-D multimedia presentation and a replica of Selig's paper-cluttered County Stadium office.

Selig helped bring Major League Baseball back to Milwaukee when he led the group that bought the expansion Seattle Pilots in bankruptcy court and moved the team to Wisconsin before the 1970 season.

The Associated Press contributed to this report.