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Sports Contracts

All articles tagged with #sports contracts

sports4 months ago•1 min saved

Commanders' Terry McLaurin signs $96M extension

The details of Terry McLaurin's new contract with the Washington Commanders remain unclear, with initial reports suggesting a $96 million deal over three years, but the actual figures are elusive and possibly less than initially reported, highlighting the tendency for inflated contract figures in sports media.

via NBC Sports|

#contract #nfl #sports

sports6 months ago•2 min saved

Bobby Bonilla Day: The MLB Holiday Celebrating a Unique Contract

Bobby Bonilla, who hasn't played in MLB for over 20 years, continues to receive nearly $1.2 million annually from the New York Mets until 2035 due to a deferred payment deal linked to the Mets' previous investment in Bernie Madoff's Ponzi scheme, highlighting a long-standing practice of deferred sports contracts.

via CNN|

#bobby-bonilla #deferred-payments #madoff-ponzi-scheme