Is A Link To A Website Worth $5 Million?
from the say-that-again dept
Ok, if you follow baseball even just a little bit, by now you’ve heard the news about “the trade” whereby the Yankees received Alex Rodriguez, considered by many to be the best baseball player around. While this, on the face of it, has nothing to do with technology, there was one aspect of the deal that kept bothering me. In the very last paragraph to the news report explaining the terms of the trade, they explain how the Yankees made up the difference to keep the overall value of A-Rod’s contract the same, while still having him reduce the present day value of the contract by $5 million. In exchange, they’re giving him a hotel suite for all road games and are allowing him to link to the Yankees website from his own website. Say what? How could a link be that valuable? Maybe, the hotel suites are really expensive – but it doesn’t seem so. Another ballplayer points out that such hotel suites are pretty standard and cost about $16,000 per year for a player. Over 7 years, that’s $112,000. Let’s be kind, assume he gets a really nice room, and round it up to a nice $150,000. That leaves $4.85 million for the link. Here’s a link to the Yankees website right here. Has Techdirt suddenly gone up in value by $4.85 million dollars? Do I just send an invoice to George Steinbrenner?