- Is Super Bowl Halftime Act Too Old?
- Will TCU See The "Flutie Effect?"
- NBA D-League On The Rise
- Weis' Deal Likely Won't Change Big Money Contracts
- Time Lapse World Series Is A Great Play
- Boise State Stock Plan: An Early Success
- Dollar Signs Seen In Young "Buck" Jennings
- Iverson Wasn't A Popular "Answer"
- My Top 10 Marketing Ideas For Winless Nets
- Airlines Add 'Super Bowl' Tax
RSS FEED
MOST SHARED
- Tiger Woods Out of Hospital After Accident
- The Good Entrepreneur Winner
- Gold Will Collapse Like Oil Did in 2008: Charts
- Abu Dhabi Will Aid Debt-Fraught Dubai 'Case by Case'
- Next Week: Cash In Now Or Wait For A Santa Rally?
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- Abu Dhabi Will Aid Debt-Fraught Dubai 'Case by Case'
- Banks With The Biggest Exposure to The UAE
- Dubai's Debt Woes Signal New Era for Creditors
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Big US Banks May Be Forced to Raise Capital: Bove
- Bank of America Amends Pay for Senior Executives
- Tiger Woods Out of Hospital After Accident
Sports Biz
![]() |
AP Alex Rodriguez |
The number he specifically uttered, according to ESPN Radio's Andrew Marchand, is at least $500 million of worth over the next 10 years.
Fifty million dollars a year? I can't possibly believe A-Rod would be worth that much to YES. So I emailed Vince Gennaro, one of the best number guys in the business and author of "Diamond Dollars: The Economics of Winning in Baseball."
Here's what Vince fired back. Check out the lines in bold, it's pretty funny.
"A player of A-Rod's stature can have an impact on the value of a team's regional sports network. However, Boras' assertion that he contributes $50 million per year is completely unreasonable. For that to be true, the primary programming would need to be a nightly three-hour talk show hosted by A-Rod and it would need to secure the same 4.7 ratings point on YES that the average Yankee game telecast scored in 2007. More realistically if the Yankees went forward without A-Rod, it's reasonable to expect the team would suffer in terms of wins and losses. Losing seven or eight wins could cost the Yankees nearly a full ratings point, which translates into about $12 million per year in YES revenue. If you add A-Rod's marquee value (same as Boras' 'iconic value'), that could impact the value of the YES Network as an asset to the tune of about another $10 million per year. Keep in mind the Yankees own 36% of YES, so the impact on the Yankees (and therefore the portion of A-Rod's YES Network impact for which they should be willing pay) is about $8 million per year (36% of the total YES impact of $22 million)."
Hey, maybe Boras can still get that $30 million if he uses the $8 million number and says the Yankees haven't accounted for his impact before. But to me, using the $50 million number (and remember that was at least) without having the math out there hurts his credibility. I guess my job now is to go find that math and see just how fuzzy it is.
News & Notes
The Chronicle of Higher Education is reporting that the NCAA has a proposal on the table that would allow schools to use their popular athletes more. I think it should happen in exchange for those athletes getting their rightful share in jersey royalties.
Adidas CEO Herbert Hainer told a German newspaper that the company's Reebok brand won't do any business with Foot Locker until they offer "a decent selection" of Reebok shoes. I think that's a really bad move. From what I've seen, Adidas has killed the Reebok brand since the day it was acquired and the reason Foot Locker doesn't want to carry much is the sad reality that there's not much that Reebok offers that is decent. Adidas should take what they can get for now.
Ever since I fell in love with the story of the Boston Marathon cheater Rosie Ruiz, I've always been fascinated with the people who cheat at road races. The latest? Former Mexican presidential candidate Roberto Madrazo, who "ran" a 2:41:12 marathon to win the 55-age bracket in Berlin last week. Luckily, he was caught and when authorities checked the times, his chip times apparently had him running two minute miles.
Questions? Comments?








