The Wilpons had the money in a madoff account and were making more money off. Now that they Wilpons are gone we can finally laugh at it and Steve Cohen is even having fun with itMy G literally fleeced the Mets for $30 mill off of a $5.9 deferred compensation for $1.2 mill annually for 25 years
Why the Mets didn’t just cough up the 5.9 mill one time payment they owned him ?
Mets said since we’re still paying you, can you film this AirBNB ad please
Is this the first time they’ve acknowledged/embraced the day
This year is the last year of that deferred payment
All jokes aside, the deal in theory wasn't that bad for the Mets if you understand anything about economics
If not, you can just google Time value of money
Money upfront is worth more than money in the future. It's basic economics.
That's true but the value of the dollar has not decreased that much to make this deal work out for the Mets.Money upfront is worth more than money in the future. It's basic economics.
Why you think most lotto winners take the lump sum instead of instead of annually
Have you never paid anything on credit
Money upfront is worth more than money in the future. It's basic economics.
Why you think most lotto winners take the lump sum instead of instead of annually
Have you never paid anything on credit
