> As far as John Sun's comments are concerned, since > when can business people be counted > on to pay what the appropriate market is? Do a > search and include dot-com and bubble > in your search parameters. Draw your own > conclusions.
Business people will only pay what the market demands. Simple economics. Sure, in hindsight a lot of people were wildly overpaid during the dot-com bubble. But if you were trying to hire employees during that time, you had to pay through the nose for people, even if they were less qualified then you wanted. It was a sellers market. Professional team sports offer a great example. These are billion dollar businesses, and the owners pay what the market will bear. If it's 10 years at $252 mill for ARod or 5 years at $90 mill for Barry Bonds, it all depends on current market conditions and demand. In the case of AWebb, there is already a pretty good precedent on what the appropiate demand and market value is for track and field stars in the US. And it's not much. Face it, track & field in its current state is not a big-money sport and probably will never be. Most people could care less about it in non-Olympic years. And those that do care, like the folks on this list, aren't spending enough to make a difference. Just my thoughts on the matter. John __________________________________________________ Do You Yahoo!? Yahoo! - Official partner of 2002 FIFA World Cup http://fifaworldcup.yahoo.com
