Currently, America is
dealing with an economy that is slowly starting to get back on their feet, due
to millions of citizens being out of work.
Politicians in Washington, DC are making economic headlines due to the
upcoming presidential election arriving on Tuesday, November 6, 2012. Both presidential candidates are promising to
turn the economy around to give middle and lower class Americans a financial
future to believe in.
Professional
sports have been a financial blessing to many athletes. In March of 2011, Business Insider.com reported
financial figures stating the top 4 professional sports leagues in America. The top 4 leagues raked in an estimated $22 billion in 2010 with the NFL receiving $9 billion of the total.
What is interesting
to see is some of the financial decisions made based on the contracts. Let's take a look at one NBA contract in particular. According to ESPN.com, Chris Broussard of ESPN’s The Magazine was quoted
as saying this, “Thunder offered Harden
$55.5 million over four years -- $4.5 million less than the max deal Harden
coveted and will get from the Rockets…” Most players that have achieved the status James Harden has had over the
last few years would have relished at a deal to receive $13.875 million per year
for four years.
I could be wrong, but my
translation of that math says the max deal the Thunder could not offer was $4.5
million more over the life of the deal. Again,
if my math is correct, the Rockets are paying Harden $14.975 million per year. That
sounds like $14.975 minus $13.875 equaling a difference of $1.1 million more
per year.
No matter what anyone says,