DraftKings CEO Jason Robins total compensation tops $14 million in 2021, but drops 94% from a year ago

DraftKings Inc. disclosed Monday that co-Founder and Chief Executive Jason Robins’ total compensation in 2021 was $14.03 million, down from $236.83 million in 2020. As part of Robins’ 2021 compensation, his salary fell to $112,500 from $650,000; he received no bonus in 2021 after $2.98 million in 2020; the value of stock awards fell to $11.30 million from $231.18 million; and non-equity incentive plan compensation was unchanged at $1.95 million. Meanwhile, “all other compensation” rose to $666,650 from $75,275 in 2020. In 2021, all other compensation included $642,950 in security costs, while 2020 all other compensation included $66,724 in Super Bowl expenses, which included game-day tickets, special events, travel and accommodations. Among the digital sports entertainment and gaming company’s other founders, Mathew Kalish’s total compensation fell to $11.42 million from $197.24 million and Paul Liberman’s dropped to $11.43 million from $197.22 million. The stock rose 3.3% in morning trading, and has soared 32.6% amid a five-day win streak. It has still plunged 36.4% over the past three months, while the S&P 500 has slipped 5.0%.

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