Part three of the series on the Marlins ownership business plans focuses on the incentives Derek Jeter receives for making the team profitable:
According to an August version of Project Wolverine – a document pitching potential investors on joining the Marlins ownership group and shared with the Miami Herald by sources – Jeter will make an annual bonus based on the Marlins being profitable.
That bonus would pay him $2 million in 2018, $1.7 million in 2019, $1.1 million in 2020, $2 million in 2021 and $2 million in 2022. The Marlins declined to say if the amount of those bonus payments were altered in subsequent versions of Wolverine.
With his $5 million base salary, even with the bonus Jeter is paid less than a one-WAR player. That’s seems pretty reasonable. The question is what the team does with the rest of the profit. If they put it back in their pockets, it’s bad for the fans. If they invest in a great minor league system, that will be very good in the long run. The trick, however, will be turning the profit.
from baseballmusings.com http://ift.tt/2CNZh09
No comments:
Post a Comment