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What you can buy for 252 million......a story about value!

Discussion in 'Other Sports' started by HOOP-T, Dec 11, 2000.

  1. HOOP-T

    HOOP-T Member

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    Cool article on what 252 mil. will get you. Check out the line up of players adding up to AROD's salary. It includes both the NL and the AL MVP. He he!!!
    http://espn.go.com/mlb/s/2000/1211/938050.html



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  2. davo

    davo Contributing Member

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    While A-Rods salary IS ludicrous, its time to put to rest all these "What can $252Mil buy you)." The present value of his salary is only a pitiful $155Mil (discounted at 10%). [​IMG]

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  3. Jeff

    Jeff Clutch Crew

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    The thing that is so amazing is that he is worth more than most pro sports franchises. That is just incredible.

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  4. Smokey

    Smokey Contributing Member

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    Where are the Rangers getting this dough?

    They are not the Yankees, Dodgers, Cubs, Braves, Mets, White Sox etc...

    How come the Astros can't throw cash at FA's? Oh yeah our owner sucks.

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  5. davo

    davo Contributing Member

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    Jeff, that is simply not true and the press is erroneous in repeatedly saying this. You cannot equate A-rods future earnings to a present value of $252Mil. The above figure of $155Mil represents what his salary is worth in Present dollars, and to be quite honest, it is probably still too high since it does not include inflation, plus, I think some of the $252Mil is deferred more than 10 years into the future.

    Only 6 MLB Franchises are valued at less than $155Mil (Phillies, A's, Marlins, Royals, Twins, Expos), 5 NBA franchises(Clippers, Grizzlies, Raptors, Hornets, Bucks).

    The lowest valued NFL Franchise is the Detroit Lions at $293 Mil, so he is out of that market. Hockey is a different question though - A-Rod could conceivably buy one of 18 NHL franchises today, though he doesn't strike me as the hockey type. (Mind you, neither did Jordan)



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  6. Jeff

    Jeff Clutch Crew

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    davo: Of course, you aren't counting endorsements. [​IMG] Besides, to be worth more than ANY franchise is unreal, don't you think?

    Smokey: The Rangers not only have a new ballpark, they also have the 5th highest paying cable and radio deal in baseball. Good negotiating on their part.

    The Astros aren't even close in terms of their TV and radio deal.

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  7. keeley

    keeley Contributing Member

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    If the 34 million a year White Sox have that kind of money, then my name's Bob Finn.

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  8. Lynus302

    Lynus302 Contributing Member

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    I heard on the news that it will cost an estimated $250 million to repair the USS Cole.

    Maybe Pay-Rod can fix that for us.

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  9. gr8-1

    gr8-1 Contributing Member

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    Rangers are in the 7th largest tV market. They're tv deal is supposedly second best in the league. Also, their owner is much wealthier then Drayton.

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