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Governor Schwarzenegger
Declines pay for Weightlifting Magazines
July 17th, 2005
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Governor
Schwarzenegger |
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Governor Arnold Schwarzenegger
stated on Friday that he will no longer accept payments for a five
year multi-million dollar consulting agreement with Muscle & Fitness
and Flex magazine due to conflict of interests.
Schwarzenegger vetoed a bill
about regulations of use of performance enhancing supplements in
high school sports. He claims the reason that he vetoed the bill
was that it was incomplete in specifying the use of steroid or
nutritional supplements.
Schwarzenegger’s agreement with
the American Media Inc. and Weider Publications was announced
originally in March of 2004; however the dollar amount was not
released until this past Wednesday with the Securities and Exchange
Commission. There was also an agreement in the contract for the
magazines to donate $250,000 a year to the California Council on
Physical Fitness, along with payments of at least $1 million dollars
a year for five years for Mr. Schwarzenegger to work as a
consultant.
"The decision is to discontinue
the relationship we have now," Schwarzenegger said. "I will continue
promoting body building and fighting obesity." He stated that he
will continue consulting and writing for both magazines for free at
this time. He has appeared on these magazines covers 50 times since
1968 and has advice columns throughout the years.
There is currently another bill
being introduced addressing steroid use in schools. Governor
Schwarzenegger said that he would definitely reconsider the reworked
version.
It is not against the law for a
California official to have another job outside of office.
Schwarzenegger is trying to make a first-rate impression by refusing
his pay not only with the magazines; he also does not take the
allotted California Governors annual salary of $175,000.
By
Nicole Wilson
Best Syndication Staff Writer
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