The NYRA board of directors reported the firing of Hayward and senior vice president and general counsel Patrick Kehoe Friday afternoon. Hayward was paid $475,000 annually and Kehoe $423,000.
The board says they didn't "perform their duties at a level required by the board."
A state report said NYRA knew it shortchanged bettors by extracting inaccurate "takeout rates" from winnings and still did nothing about it, a claim NYRA disputes.
Hayward had said the lapse was an inadvertent error.
NYRA has the state franchise to operate thoroughbred racing at the Belmont, Aqueduct and Saratoga tracks. -- AP