Sunday, March 6, 2011
Intern for Hire
Tuesday, March 1, 2011
Excitement Coming
Tuesday, February 8, 2011
Global Management
Tuesday, February 1, 2011
Perspective
Friday, November 12, 2010
Take to the Air
Saturday, August 28, 2010
True NFL Incomes
Photo by Ed Yourdon on Flickr
Tuesday, August 24, 2010
Money Talking Issues
"If I were Major League Baseball, I'd be much more concerned if the Yankees' numbers were released. It would present a dramatic disparity and you'd begin to wonder how you can retain an economic structure that allows teams to earn such disparate amounts of money."
When I read this, what I think Gennaro might be referring to is the necessity for a salary cap. I definitely have mixed feelings about this. While I do think that the salary level is ridiculous, I also know that if the players aren't making the money, the owners are going to pocket more. Again, I do not have a problem with the owners making money because that is why they bought the business. However, what would ideally happen is that with less salary to pay because of the cap, ticket and merchandise prices might be able to drop to make baseball much more affordable for the average fan. I do not think that this would happen because as long as people are willing to pay for the tickets, the prices will not drop. However, I do not think that the owners would adopt the lower prices because when there's profit to be made, they will make it. So, I don't think that there should be a salary cap, because the intended effect to make the game more affordable for the fans due to fewer expenses would not happen.
Photo by daveynin on Flickr
Tuesday, July 6, 2010
LeBron James is Going Where?
Photo by Ed Yourdon on Flickr
Saturday, July 3, 2010
Delayed Fiction
I had always thought that I played basketball for fun. However, now that free agency hit me, I realized it was more than that. Basketball had become a career; it was no longer a pastime. I missed the freedom to play ball just to play it. Now, just playing basketball became a business venture; my points per game were like my stock price. If it went up, I was doing well, and I preferred not to talk about it when the price dropped.
Now, I had to make it all pay out. I didn't want to end up like Scottie Pippen and have to be suing for my airplane that I bought and almost end up bankrupt. However, I realized how lucky I was to even be in this scenario to play basketball for money. How many people get paid to play a game? Whatever, I thought, it all will work out somehow. With that, I walked into the conference room and began negotiations.
Photo by Matt Callow
Monday, June 28, 2010
Sports Ticket Pricing
Photo by the US Army on Flickr
Tuesday, June 8, 2010
Michael Jordan's Legacy Etched in Stone
So, how would I save the NBA? I think mainly I would need a player who'd come in from college with a national championship, be very flashy on the court but have a good reputation off of it, and he would need to go to a bad franchise and turn them around into a champion. Lebron James came in heralded as the next Jordan, but until he can win that championship, he's not on the same level of stardom.
Photo by Esparta on Flickr
Saturday, May 22, 2010
Enterprising
I wish I were a talented computer programmer. If I was, I think that I could make a lot of money. The reason I make this claim is because the world is becoming largely Internet driven. The easiest way to become a presence on the Internet is to be able to create some device that nobody else has and then market it effectively. What I would like to create a social networking site specially designed for athletes. There are websites out there that are for sports fans, but I think that athletes should have one network so that college or professional coaches can find everyone who might potentially be. However, what I would like to do to differentiate my product would be to make sure that every entrant on the website would have video uploaded of certain skills. For example, for the basketball section, I would want to see a video of the player taking a jump shot, dribbling at full speed, or performing lay-up drills. Watching an in-game video is obviously beneficial and would have a place on the website. However, I feel like the videos of each player performing fundamental skills in isolated instances would allow coaches to see a direct comparison between players.
While ideally the service would be free, until I garnered enough sponsorships, I would probably need to charge simply to have enough money to buy the webspace to store all of these videos. However, this is all just in my head, so if you want to rip off my idea and create it, there's nothing I can do to stop you. However, remember me when you get famous.
Photo by websuccessdiva on Flickr
Wednesday, April 28, 2010
Riches Abound
First of all, I just want to say that this snow is ridiculous. Okay, now that I've ranted to you, on with more important issues. I assume that many of you may have noticed the five-year, $125,000,000 contract that Ryan Howard signed a few days ago to remain with the best team in baseball. I was thinking about the amplitude of this amount of money. What would you do with $25,000,000 a year? Personally, I have no idea they anything of that amount, and I would have to decide what to do with it for five consecutive years. I think I would definitely keep enough to pay off the house, car, or any other debt I would have outstanding. Then I think I would put some of that in the bank for future retirement purposes. I think I would end up donating a lot of it to various charities simply because it is a nice thing to do and there comes a point where more money does not change your life. If it doesn't change your lifestyle, there is really no reason to keep the money. Money in the bank that isn't doing anything except for generating more interest for me would seem to be kind of useless. I always used to say that I would want to buy a Hummer if I ever became rich, but that will probably be impossible by the time I am able to afford one since the brand has folded. So, I'm not sure what type of car I will buy now, but I'm not Ryan Howard so this problem isn't mine yet.