Larry Ellison pays the lowest-ranking sailors on his America's Cup team $300,000 a year, court filings show
According to court filings shared by the Wall Street Journal, fired Oracle sailor Joe Spooner was being paid $25,000 a month - or $300,000 a year - as compensation for his work as a grinder.
There are six grinders on a typical 12-person sailing team, and they tend to be the lowest-paid of the bunch. Sailors responsible for more difficult tasks, like standing at the helm, might be paid even double what a grinder makes, according to the WSJ.
Spooner reportedly asked for his compensation to be raised to $38,000 a month so that he could relocate from San Francisco to Bermuda, where the next America's Cup race will be held in 2017.
Team Oracle declined to increase Spooner's pay as the request was outside of their relocation policy, and Spooner was dismissed from the team in January.
"For these reasons, and in the light of the stated position that you will not otherwise relocate to Bermuda, this letter constitutes prior written notice of termination," team Oracle general manager Grant Simmer wrote in Spooner's termination letter, court filings show.
Spooner is seeking $725,000 in wages over a 2.5-year period. He was part of the team that won America's Cup in 2013, a campaign that Oracle team executives have said Ellison paid more than $115 million in total to win.
The boat that was sailed in the 2013 race was seized by federal marshals Monday. Spooner had filed a lien to prevent the boat being shipped to Bermuda.