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Posted on 7/1/15 at 7:03 pm to TechDawg2007
Well, this is just a simple annuity.
The break even for the Mets was around 8% interest rate, which is not unreasonable when the contract was signed.
The market had averaged around 15% throughout the 90's. And even if you factor in the terrible 00's, the historical average is still above 10%.
The break even for the Mets was around 8% interest rate, which is not unreasonable when the contract was signed.
The market had averaged around 15% throughout the 90's. And even if you factor in the terrible 00's, the historical average is still above 10%.
Posted on 7/1/15 at 7:23 pm to TechDawg2007
Braves still paying Bruce Sutter for another 5 years, and then owe him a 9Million dollar bonus after contract finally runs out.
That was the deal that keeps on paying.
That was the deal that keeps on paying.
Posted on 7/2/15 at 5:08 am to stlslick
Cards will be paying Holiday till 2029 
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