Monthly Archives: August 2012

Highest Net Worth

For the 2012-2013 season NBA players will earn astronomical amounts, to the surprise of no one. Players raking in millions to go out and play a game that they grew up loving. The 2012 U.S.A. men’s basketball team has a roster made up of the highest paid players in the NBA. But does talent equal more money or is it more than that?

The 2012 Men’s U.S.A. basketball team is made up of 12 elite players from the NBA. For the upcoming year the total earnings of the entire U.S.A. team is $184,378,691 U.S. dollars. This amount is the sum of each players salary for the 2012-2013 season. It’s quite insane that only 12 basketball player salaries add up to that amount.

There are factors to consider when questioning how much a player makes in regards to his skill. Yes talent usually means making the big bucks but sometimes it’s more than that. Lets take a look at some factors.

Lebron James holds the current MVP title in the NBA and has just won his first NBA championship. James has been outstanding ever since he first got drafted in 2003. He’s arguably the best player in the league. I’m not saying he’s the best player and I’m not saying he’s not the best player. His numbers are outstanding, he plays really well and he just silenced a lot of his critics with a championship win. But there is just supernatural talent from a number of other players that makes the argument, well, arguable.

If you add all these factors up, you would think his contract is the highest out of every player in the league. That’s wrong. There are three players on the Men’s USA basketball team who will earn more in their contracts. Kobe Bryant, Carmelo Anthony, and Chris Paul have higher paid contracts.

Bryant will earn $27,849,149, Anthony will earn $20,463,024, Paul will earn $17,779,458 and James will earn $17,545,000.

Once upon a time Bryant was arguably the best player in the league, that ship has sailed and Bryant is rapidly descending into retirement. Why is he still earning more than everyone else in the league? Well there are three big reasons: his contract states so, he’s still better than a lot of players and he has championship experience.

When a player of Bryant’s caliber signs a contract it’s usually a big one for a number of years. Thus when the contract was offered to Bryant certain factors were taken into consideration. Factors like how well he played at the time of signing and how well they think he will play after that.

Anthony has yet to make it passed the first round of the NBA playoffs so why is he earning more than James? It’s because Anthony plays for the second highest grossing team in the NBA, the New York Knicks. James could have made even more than Anthony had he chose to play for New York a couple of years back.

James went to Miami and signed a contract for a lesser amount that he would have received elsewhere. I mean $17.5 million is still a ridiculous amount of money but he could have had a higher paying contract.

Contracts are usually major contributing factors to player fortunes but in James’s case it only accounts for some of the income that he makes. One of the probable reasons why James didn’t mind taking a contract of a lesser amount is because he has many endorsement deals. When James first joined the league he signed a whopping $90-million-dollar contract with Nike, he also has deals with McDonald’s, Coca Cola and State farm.

According to celebrity net worth on the richest.org, James has an estimated net worth of $110 million dollars. Bryant has an estimated net worth of $200 million and Anthony is estimated at $60 million. Bryant has the highest net worth in the NBA with James trailing not too far way. Bryant’s wife filed for divorce and this can have a major impact on Bryant’s net worth, I doubt he will ever be poor but his ranking will surely drop. Until then Bryant has the highest net worth.

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Highest Net Worth

For the 2012-2013 season NBA players will earn astronomical amounts, to the surprise of no one. Players raking in millions to go out and play a game that they grew up loving. The 2012 U.S.A. men’s basketball team has a roster made up of the highest paid players in the NBA. But does talent equal more money or is it more than that?

The 2012 Men’s U.S.A. basketball team is made up of 12 elite players from the NBA. For the upcoming year the total earnings of the entire U.S.A. team is $184,378,691 U.S. dollars. This amount is the sum of each players salary for the 2012-2013 season. It’s quite insane that only 12 basketball player salaries add up to that amount.

There are factors to consider when questioning how much a player makes in regards to his skill. Yes talent usually means making the big bucks but sometimes it’s more than that. Lets take a look at some factors.

Lebron James holds the current MVP title in the NBA and has just won his first NBA championship. James has been outstanding ever since he first got drafted in 2003. He’s arguably the best player in the league. I’m not saying he’s the best player and I’m not saying he’s not the best player. His numbers are outstanding, he plays really well and he just silenced a lot of his critics with a championship win. But there is just supernatural talent from a number of other players that makes the argument, well, arguable.

If you add all these factors up, you would think his contract is the highest out of every player in the league. That’s wrong. There are three players on the Men’s USA basketball team who will earn more in their contracts. Kobe Bryant, Carmelo Anthony, and Chris Paul have higher paid contracts.

Bryant will earn $27,849,149, Anthony will earn $20,463,024, Paul will earn $17,779,458 and James will earn $17,545,000.

Once upon a time Bryant was arguably the best player in the league, that ship has sailed and Bryant is rapidly descending into retirement. Why is he still earning more than everyone else in the league? Well there are three big reasons: his contract states so, he’s still better than a lot of players and he has championship experience.

When a player of Bryant’s caliber signs a contract it’s usually a big one for a number of years. Thus when the contract was offered to Bryant certain factors were taken into consideration. Factors like how well he played at the time of signing and how well they think he will play after that.

Anthony has yet to make it passed the first round of the NBA playoffs so why is he earning more than James? It’s because Anthony plays for the second highest grossing team in the NBA, the New York Knicks. James could have made even more than Anthony had he chose to play for New York a couple of years back.

James went to Miami and signed a contract for a lesser amount that he would have received elsewhere. I mean $17.5 million is still a ridiculous amount of money but he could have had a higher paying contract.

Contracts are usually major contributing factors to player fortunes but in James’s case it only accounts for some of the income that he makes. One of the probable reasons why James didn’t mind taking a contract of a lesser amount is because he has many endorsement deals. When James first joined the league he signed a whopping $90-million-dollar contract with Nike, he also has deals with McDonald’s, Coca Cola and State farm.

According to celebrity net worth on the richest.org, James has an estimated net worth of $110 million dollars. Bryant has an estimated net worth of $200 million and Anthony is estimated at $60 million. Bryant has the highest net worth in the NBA with James trailing not too far way. Bryant’s wife filed for divorce and this can have a major impact on Bryant’s net worth, I doubt he will ever be poor but his ranking will surely drop. Until then Bryant has the highest net worth.

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Andy Pettitte’s September Comeback?

Fans roared at the thought that the veteran Andy Pettitte would come back from retirement at the beginning of the 2012 baseball season. With Jorge Posada gone, the Core Four would still no longer be, but the Key Three, Pettitte, Mariano Rivera, and Derek Jeter, would have another chance to perhaps make it a repetition of the 2009 season when the team won their 27th championship. But with Pettitte and Rivera out of the picture for the past few months due to injuries, it has been disappointing wishful thinking. However, it looks like Andy’s comeback, part two, for 2012 is nearing.

In a recent press conference General Manager Brian Cashman said he believed that the lefty might be back to the Major Leagues in September. “We have to let the healing process take its course. He had that setback which cost him a week to 10 days, but he is in the middle of the healing process,” said Cashman to the New York Post.

Pettitte headed to the disabled list during a June 27 game against the Cleveland Indians, in which first baseman Casey Kotchman hit a line-drive up the middle that hit the long-time lefty pitcher on the ankle causing a fracture. In the nine starts before the mishap, Pettitte had gone 3-3 with a 3.22 ERA.

Looking at the stats, September is generally not the greatest of months for the 40-year old. Since 2009, he has an overall 5.29 ERA holding the batter’s just to a .270 average. That is way past the 2.49 ERA he has come in with to the month of April for the past three seasons.

Although Pettitte is eligible to come back from the 60-day disabled list on the 28th of this month, the team has set September 1st as the better comeback date. With a healthy Pettitte back, post-season baseball for the Yankees looks mighty promising. Me? I’m personally counting down the days until that infamous stare-over-the-glove comes back to the mound to deliver.

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Andy Pettitte’s September Comeback?

Fans roared at the thought that the veteran Andy Pettitte would come back from retirement at the beginning of the 2012 baseball season. With Jorge Posada gone, the Core Four would still no longer be, but the Key Three, Pettitte, Mariano Rivera, and Derek Jeter, would have another chance to perhaps make it a repetition of the 2009 season when the team won their 27th championship. But with Pettitte and Rivera out of the picture for the past few months due to injuries, it has been disappointing wishful thinking. However, it looks like Andy’s comeback, part two, for 2012 is nearing.

In a recent press conference General Manager Brian Cashman said he believed that the lefty might be back to the Major Leagues in September. “We have to let the healing process take its course. He had that setback which cost him a week to 10 days, but he is in the middle of the healing process,” said Cashman to the New York Post.

Pettitte headed to the disabled list during a June 27 game against the Cleveland Indians, in which first baseman Casey Kotchman hit a line-drive up the middle that hit the long-time lefty pitcher on the ankle causing a fracture. In the nine starts before the mishap, Pettitte had gone 3-3 with a 3.22 ERA.

Looking at the stats, September is generally not the greatest of months for the 40-year old. Since 2009, he has an overall 5.29 ERA holding the batter’s just to a .270 average. That is way past the 2.49 ERA he has come in with to the month of April for the past three seasons.

Although Pettitte is eligible to come back from the 60-day disabled list on the 28th of this month, the team has set September 1st as the better comeback date. With a healthy Pettitte back, post-season baseball for the Yankees looks mighty promising. Me? I’m personally counting down the days until that infamous stare-over-the-glove comes back to the mound to deliver.

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Yankee Game or Vacation for 4

The new Yankee stadium is an enormous shrine to the dynasty, a technological marvel, and a small culinary mecca in a city already boasting some of the world’s best restaurants.  A hot dog and a beer are no longer affordable, ($9 for a budlight, no thanks) and that is if you are able to resist the influx of real restaurants with cooked-on-site, made-to-order food. Parm serves staples from owners Mario Carbone and Rich Torrisi’s Nolita Sandwich Shop.  Lobel’s of New York serves fresh made, hand carved, steak sandwiches, and there’s even a Brother Jimmy’s. The July 2012 GQ went as far as saying that Yankee stadium is the best place to eat right now in the east, and described a Parm sandwich at Yankee stadium as a “picture-perfect summer evening. Under the lights. America.”

Yes America, ball parks, good food, and beer.  A fundamental essence of the American dream, taking your family to a ball game.  But should you have to take out a second mortgage to afford seats out of the bleachers?  Or sacrifice a weeks worth of food shopping budget to afford $20 sandwiches with $10 drinks?  In the quest for more and more everywhere we go, and combining everything we like into one place, have we sold the right to go to a ballgame to the elite?

Yankee tickets are expensive.  The “Legends Suite” tickets start at $1225 and go up to $2500.  Of course with these tickets you can have a bottle of champagne, sushi, an 18 yr scotch, and probably anything else you want from the concierge, and wait team assigned to you.  For the sake of this discussion however, I would like to try and keep the numbers in the realm of possibility for people who are not flying in a helicopter to East Hampton after the game. So there are tickets available to this Tuesday’s game against the Rangers.  To the back right of home plate in section 118 just above field level you can get tickets off of Ticketmaster for $311.90.  Now ticket master does charge a fee, after all they do allow you to print the tickets at home, so for the sake of argument lets call the tickets an even $350.  So if a family of four goes to Tuesday night’s game, tickets in this area will run you about $1400. Of course your kids will want a hand carved steak sandwich, so family dinner at $20 a sandwich and 4 $4 sodas is around another $100, you do have to tip it is a restaurant stand after all.  Now you are obviously going to need to drink four or five of those $9 bud lights in an attempt to cope with all this spending so tack on an extra $50.  So for $1550 you can go to a Yankee game, with your family, and everyone can have a nice meal.

But every ballpark is not built to cater to the mega rich.  There are other options for the same budget.  Just one example is going to Chicago to see the Yankees play the White Sox.  Tickets in the same section in Chicago go for $90 a piece. If all four of you make the trip that’s $360 for the tickets.  This game is Tuesday August 21.  On Expedia if you book right now flights with hotel for four to Chicago will run you $1517 all fees included.  The total is $1877.  I realize that this does not factor in a gourmet meal like you will get at Yankee stadium, but Chicago is no slouch in the world of foodie cities.

One day at Yankee stadium with food, beer, and good seats for a family of four will conservatively speaking run about $1550.  A three day vacation to Chicago with a Yankee game thrown in, same seats, but food not included will cost $1887.  That is an extra $84.25 per person.  We are in a sad place in the history of the greatest baseball franchise, when its more reasonable to fly to another city and stay for three days, than it is to have decent, not even the best, seats to one Yankee game.

 

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