Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
Sports Biz Video Gallery
CNBC's Darren Rovell discusses whether rookie sensation Jeremy Lin can revive the Knicks and, in turn, MSG, with CNBC's ...
CNBC's Darren Rovell has a preview of the parade and insight on what the Giants winning means for New York and New Jerse...
darren rovell's sports index
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

Current DateTime: 10:33:19 10 Feb 2012
LinksList Documentid: 23279670
Expiration DateTime: 2/10/2012 10:36:30 PM

SPORTS BIZ SLIDESHOWS

» More

Current DateTime: 10:33:19 10 Feb 2012
LinksList Documentid: 37998722

DARREN ROVELL'S SPORTS INDEX

Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

ABOUT SPORTS BIZ

Darren Rovell brings you his unique take on the business of sports: a multi-billion dollar global industry and obsession full of personalities and products. On Sports Biz, Darren will give you his up-to-date take on everything from salaries to endorsement deals to marketing and promotions, trades and tirades – in short, everything that makes sports so exciting.

Sports Biz

Text Size
Feb.23
12:06 PM ET
Monday, 23 Feb 2009

Attendance Clauses In Contracts

Ken Griffey Jr.
AP
Ken Griffey Jr.

Ken Griffey Jr. is returning to the Seattle Mariners in 2009 for $2 million. But there will $2.5 million in incentives on the line as well. One of the most interesting incentives Griffey can earn is based on the Mariners attendance. The target number hasn't been disclosed, but if the Mariners surpass it, Griffey will get that bonus money.

Last year, the Mariners drew 2.32 million fans, the lowest total since 1995, when the team was still playing in the Kingdome.

Attendance incentives have been around before.

In 1997, the St. Louis Cardinals drew 2.63 million fans. So when they signed Mark McGwire, they agreed to give him $1 per for each fan that entered Busch Stadium beyond 2.75 million. McGwire earned $445,691 extra when the home run race of 1998 brought in a then team record 3.19 million fans that season.

In 2002, Kenny Lofton had an attendance clause in his contract that stated that if the White Sox went above a certain attendance number, he'd earn $1.4 million. Lofton was later traded to the Giants and it was eventually negated.

In 2004, Roger Clemens took a hometown discount and agreed to a $5 million deal with the Houston Astros that included attendance incentives. He reportedly earned $3 million from the attendance bump that year.

Questions?  Comments? 

© 2012 CNBC, Inc. All Rights Reserved



Current DateTime: 09:37:12 10 Feb 2012
LinksList Documentid: 29778428

Current DateTime: 02:33:41 10 Feb 2012
LinksList Documentid: 29779196

Current DateTime: 11:35:13 10 Feb 2012
LinksList Documentid: 29779197

Current DateTime: 02:56:30 10 Feb 2012
LinksList Documentid: 29779199
CNBCCNBC
About CNBC  |  Site Map  |  Video Reprints   |  Advertise  |  Help  |  Contact
Privacy Policy  |     |  Terms of Service  |  Independent Programming Report
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2012 CNBC LLC.  All Rights Reserved.
A Division of NBCUniversal
Thomson ReutersThomson Reuters