Votto Contract Talks

Joey Votto is the best player currently on the Cincinnati Reds roster but may not be there for long.  The Reds have a reputation of not paying their best players who turn into free agents at the end of the season, especially if there is a young prospect who they may feel can fill the shoes of the free agent expecting a big pay day.  This is the setting the Reds will face this offseason in signing Joey Votto. Will the Reds give Votto the big bucks or rely on Yonder Alonso to fill the shoes of Votto for a much cheaper price?

If the Reds have any brains, which sometimes you wonder, they will give the big contract to Votto.  Votto has only played professionally for three years with only two of those years being solid.  Albert Pujols received a seven year, $100 million deal after his first three years, but his numbers dwarfed Votto’s.  However, they do currently share the same agent.  The Reds could likely lock up Votto right now for four years for a number somewhere over $40 million.  They would be getting a MVP type first basemen at a discount with this contract considering the contract Ryan Howard has signed and the future contract Albert Pujols will sign that will break the record for NL first basemen. 

                                        

Any deal that Votto signs will be a big upgrade from his $550,000 he earned this past year.  Votto was one of the lowest paid players on the Reds roster and was obviously the best player.  There is another unlikely situation that Votto could agree to.  He could sign a one year deal with the Reds to build his reputation of being a MVP caliber player to get an even bigger deal the following year.  There are some obvious risks in passing up a long term deal for one more year, but it could earn Votto millions more if his one year was a success.  If Votto does this, it would be highly unlikely he would remain in a Reds uniform two years from now.

http://cincinnati.com/blogs/reds/2010/10/22/daugherty-looks-at-joey-vottos-mega-earnings-coming/

This blog is prepared by a paralegal student as a class project, without compensation. The content of this blog contains my opinion, and is offered for personal interest without warranty of any kind. Comments posted by others on this blog are the responsibility of the posters of those messages. The reader is solely responsible for verifying the content of this blog and any linked information. Content, sources, information, and links will most likely change over time. The content of this blog may not be construed as legal, medical, business, or personal advice.

Most Expensive Sports Stadiums

Some of the most expensive stadiums in the world are on American soil.  Actually, four out of the top ten most expensive stadiums in the world are here in the U.S.  The others are mostly in Europe and Australia.  The costliest stadium in the world is Wembley Stadium in London, England.  This stadium is worth $1.5 billion and is the second largest stadium in Europe.  This stadium hosts soccer games, the most popular sport in Europe.

             

The most expensive stadium in the U.S. is Madison Square Garden in New York.  The arena is worth $1.1 billion and is the third busiest arena in the world in terms of ticket sales.  It is a multipurpose indoor arena located on 8^th Avenue.

Other stadiums in the top ten in the U.S. include Soldier Field in Chicago, Lucas Oil Stadium in Indianapolis, and Safeco Field in Seattle.  These stadiums range from $656 million to $714 million.  These stadiums are strictly used for football and baseball games.

Rounding out the top ten is ANZ Stadium in Sydney, Australia.  This stadium hosted the 2003 Rugby World Cup Final as well as the National Rugby League grand final annually.

http://www.top10ranks.com/building/top-10-most-expensive-stadiums-in-the-world.html

This blog is prepared by a paralegal student as a class project, without compensation. The content of this blog contains my opinion, and is offered for personal interest without warranty of any kind. Comments posted by others on this blog are the responsibility of the posters of those messages. The reader is solely responsible for verifying the content of this blog and any linked information. Content, sources, information, and links will most likely change over time. The content of this blog may not be construed as legal, medical, business, or personal advice.

NFL Team Worth

Have you ever wondered how much NFL teams are worth?  How much money is invested into player contracts, stadiums, concessions, ticket sales, and other employees of each franchise?  It is probably not surprising that the NFL team with the highest current value is the Dallas Cowboys.  The Cowboys are currently worth a little over 1.8 billion dollars and make around 420 million dollars a year in revenue.  The Cowboys have increased their overall value by 9% from 2009 to 2010.

                                                     

Most teams are not experiencing the same success as the Cowboys.  Twenty out of the thirty-two teams in the NFL have decreased in value in the past year.  The two Ohio teams are in this category.  The Cleveland Browns franchise has decreased by 2% from 2009 to 2010 and the Cincinnati Bengals franchise has decreased 5%.  The Cleveland Browns are currently worth around 1.015 billion dollars and the Cincinnati Bengals are worth 905 million dollars. 

There are two teams that currently have a negative operating income.  The Miami Dolphins' operating income is negative 7.7 million dollars and the Detroit Lions' operating income is negative 2.9 million dollars.  The NFL team with the lowest current worth is the Jacksonville Jaguars at 725 million dollars.  The three teams who make the lowest revenue per year are the Jacksonville Jaguars, the Detroit Lions, and the Oakland Raiders. 

                                             

Even though twenty teams have decreased in value over the past year, these teams are still making millions of dollars.  The NFL is currently the most popular it has ever been in its existence.  Fans will continue to fill up stadiums, buy jerseys, and support their teams.  Even with the recession, the NFL is doing well and has a very bright future. 

http://www.forbes.com/lists/2010/30/football-valuations-10_NFL-Team-Valuations_Value.html

This blog is prepared by a paralegal student as a class project, without compensation. The content of this blog contains my opinion, and is offered for personal interest without warranty of any kind. Comments posted by others on this blog are the responsibility of the posters of those messages. The reader is solely responsible for verifying the content of this blog and any linked information. Content, sources, information, and links will most likely change over time. The content of this blog may not be construed as legal, medical, business, or personal advice.