If Bonilla had accepted the $5.9 million in 2000 and invested the entire amount at 8% interest, the original investment would have grown to $104.1 million by 2035* (blue line in chart below). If instead, Bonilla takes his annual payment and invests that with an 8% annual return, he would have $95.2 million by 2035 (orange line in chart below).
In other words, Bonilla lost nearly $10 million by taking the payments instead of the lump sum.
But more importantly to the Mets, if they invested the $5.9 million at 8% interest in 2000. That money would have grown to more than $14 million before they had to make a single payment. And that money would continue to draw interest even while they are making payments.
As you’ve probably read elsewhere, a number of major bricks & mortar / online merchants have announced plans to discontinue carrying Confederate flags and/or confederate-themed items in the wake of the mass killings in Charleston, SC last week. Slightly less than impressed with corporate America’s demonstration of conscience, The Nation’s Dave Zirin asks, “If the Confederate flag is too toxic to sell, then how can Amazon and Walmart continue to peddle the merchandise of a Washington football team that bears the name of a racial slur?”
I contacted Jackie Keeler, a Navajo/Yankton Dakota Sioux writer living in Portland and a founder of Eradicating Offensive Native Mascotry. Her words should be read and reread:
“When I hear an spokesperson for eBay calling the Confederate flag ‘a symbol of divisiveness and racism’ after announcing that they are banning the sale of it from their site, I wonder why I can still search eBay and find over 100,000 Redskins items for sale. Studies and the APA [American Psychiatric Association] have repeatedly warned of the harm being pigeonholed and stereotyped does to Native youths’ self-esteem—and Native youth have the highest rates of suicide in the country, three and a half times that of their peers, but it happens where the rest of America does not look. Native men have the highest rates of police brutality and Native women the highest rates of murder and rape. These deaths are invisible to an America that does not weep for our dead. They cheer for the stereotype and paint themselves up in grotesque caricatures of us, but do they think about what cost we bear for that bit of fun? Is it worth it? I look forward to the day eBay and others like Walmart refuse to make a buck off of a bit of our soul.”
Dan Snyder is the least popular owner in sports, seen as an interfering bully who has stood over two decades of futility of a once-proud franchise. He is also an awkward, sweaty, twitchy hot mess when out in public. But because of his sneering defense of the name, Snyder finally has a following. They chant “Keep the Name” in bars while Snyder grins and pumps his fist. He has taken this objectively racist name—a dictionary-defined slur—and turned it into the football version of the Confederate flag. But none of that matters to him, because finally, Dan Snyder has fans of his own. Hope he enjoys it in the present. Like those who have wrapped themselves in the Confederate flag, he will find that the future will not be so kind,
With all due respect to Derrick Coleman, John Franco, Curt Schilling and Michael Beasley, I’m pretty sure Dom DeLuise and Julian’s Auctions are preparing for the Mother Of All Garage Sales (link courtesy Don Smith) :
The collection includes memorabilia, costume jewelry, and a vast collection of fine art and furnishings from the famous actor, comedian, and author who was beloved by legions of fans worldwide. The auction will also feature items from his wife, Carol Arthur DeLuise, and his sons Peter, Michael, and David DeLuise.
Fine art highlights included in this epic collection include: Ara Dona portrait of Dom DeLuise, a seascape by Noel Coward, a Hirschfeld original pen and ink portrait of DeLuise, and a large painting by Scottish artist Alexander Goudie. Dom’s wife Carol and his son Michael DeLuise also have several fine pieces of art featured in the auction.
Other highlights in the auction include: a grand piano said to have been owned by Vincent Price, a set of cookware given to DeLuise by his good friend Anne Bancroft, wife of Mel Brooks, an extensive set of tableware pictured in DeLuise’s cookbooks, the set of original Derek Carter illustrations from one of DeLuise’s children’s books, a ladies’ Rolex watch, and many other pieces of jewelry and ephemera from such friends as Burt Reynolds, Frank and Barbara Sinatra, and Phyllis Diller.
Crain’s Chicago Business’ Danny Ecker reports that Chicago’s basketball and hockey franchises intend to streamine beer sales with the above device starting with tomorrow’s Game 1 of the Bulls/Bucks series.
Fans buy a prepaid card from a cashier next to the machines, which they can use to tap a sensor on the DraftServ unit. They grab a cup and then, like pumping gas, buyers pour as much beer as they want into their cup, with the final price deducted from their card.
Drinkers pay by the ounce, as opposed to the standard-size offerings at regular arena concession stands. They’ll have a choice of Bud Light and Budweiser at 42.5 cents per ounce, or Stella Artois and Goose Island at 47.5 cents per ounce.
Though Ecker points out “the DraftServ prepaid cards are designed to keep fans from being overserved, too, with a 40-ounce maximum dispensed over a set time increment,”, there’s no mention of whether or not anyone — human or machine is entrusted with making certain no one who is already inebriated is being further inebriated.
Legalized scalpers Secondary market ticket sellers Stubhub is filing suit against Ticketmaster and the NBA’s Golden State franchise, alleging the pair’s exclusive partnership, constitutes “unfair and illegal anti-competitive business practices”. From Venturebeat’s Paul Sawers :
As per the lawsuit, Ticketmaster and the Golden State Warriors cancelled fans’ season tickets and playoff-game tickets when they elected to use StubHub and “other competitive exchanges” to resell their tickets. “Ticketmaster and the Warriors’ front office broke the law by unlawfully threatening fans with cancellation to force them to use Ticketmaster’s resale exchange exclusively,” the complaint reads.
In effect, StubHub is accusing Ticketmaster of being monopolistic — and this isn’t the first time such accusations have been levied against Ticketmaster. Before its merger with venue operator Live Nation, many bodies voiced their concern that it would reduce competition, and also lead to Ticketmaster favoring Live Nation venues over ones that elect to use alternative ticketing companies. Such actions were forbidden, however, as part of the eventual green light this deal was given in 2010.
A fantastic example of whimsical Major League Baseball marketing from the late 1960s, used intermittently at Shea Stadium for more than 20 years. Highlights of its use include a memorable appearance at the 1986 World Series versus the Boston Red Sox and then again in 2003 when Mets Captain John Franco drove Mets legend Tug McGraw onto the field as part of the team’s celebration of the legendary 1973 team. Immortalized by its dramatic appearance at the monumental 1986 World Series Championship in which it entered the field of play following the culmination of the Game Seven win, it promptly ran out of power adding further delight to the victory celebration.
Presented in largely original condition and displaying a lovely patina throughout, it is fully operational and represents an iconic of piece of New York sports history celebrating one of the City’s most memorable and important World Series Championship wins.
With the New Britain Rock Cats (formerly Red Sox) moving to new digs in Hartford in 2016 and with that came the inevitable contest to rename the ballclub. So congratulations then, to UConn grad Antohny Castora, whose submission “Yard Goats”, was inexplicably chosen the winner, as the Hartford Courant’s Paul Doyle explains.
“To me, Yard Goats just stood out,” Castora said. “I wanted something that would be fun, but have a double meaning. I know everybody has made fun of it … but this is unique.”
Castora also said that he submitted the name on his own and that he has no connection to Brandiose, the branding and marketing company that works with minor league teams. It was his idea and he was the only person to submit Yard Goats.
“No, this is all me,” said Castora, a teacher who took two days off from work to attend the press conference.
And he thought that Whirlybirds would win. “I would have been happy to lose to Whirlybirds,” he said.
When the Rock Cats announced their move, there was strong support for a name that connected the franchise to Hartford’s baseball history. But Dark Blues, Bees, Laurels and other historic names did not make the cut. Nor did names connected to Mark Twain’s presence in the city (Huckleberries led a Courant online poll as a write-in choice).
Yes, that one. But the above auction comes awfully close in the grimness sweepstakes ; clearly the seller is a person of great integrity (“these instruments are not in the best condition”), though he might be just a tad bit delusional (“they could be worth a fortune someday when Great White gets inducted into the Rock and Roll Hall of Fame”).
There’s been any number of persons in the basketball world who’d like to silence Frank Isola, but here’s one rather expensive way of doing so ; the NY Post’s Emily Smith reports competing tabloid the New York Daily News is on the radar of Cablevision’s James Dolan, who already has his hooks in Newsday :
A source tells us Dolan’s interest in the tabloid is a natural extension of Cablevision’s current ownership of Newsday. But Dolan and MSG have been locked in a 10-year feud with the News, which could put some of the paper’s editorial staff in a precarious position if he becomes the buyer.
The feud between Dolan and the News dates back to ’05, when the paper backed a plan by former Mayor Mike Bloomberg to build the West Side Stadium. Cablevision, with Dolan as CEO, opposed the move, as the new sports venue would have competed directly with MSG.
On Thursday, Zuckerman announced he was exploring a sale of the loss-making tabloid. He said the move comes after “we were approached about our potential interest in selling.” Dolan was not the person who made that initial approach, we’re told. The Post’s Keith Kelly reported on Saturday that Cablevision has the cash but risks backlash from investors still unhappy about the drag on earnings from the $650 million purchase of Newsday in 2008.
The Fiver’s Paul Doyle describes the above atrocity as an instance of “Liverpool innocently using its position as a much-admired sporting institution to help flog junk food to kids, while Dunkin’ Donuts unwittingly went and polluted the memory of the victims of the Hillsborough tragedy.” And as you might expect, apologies followed.
Fortunately, Dunkin’ Donuts didn’t get where they are today – which is just about everywhere – by not having someone on hand with a bucket and mop to wipe up any unpleasantness before someone slips in it and does more costly damage. “We apologise for any insensitivity regarding our tweet supporting an LFC-themed promotion featuring the LFC crest,” simpered Dunkin’ Donuts after deleting its tweet featuring an altered version of the Liverpool crest in which the Hillsborough eternal flames had been replaced by what appeared to be milkshakes, just like the ones Jordan Henderson and Raheem Sterling don’t drink on a regular basis. The crest also wrote over ‘You’ll Never Walk Alone’ with the similarly inspiring ‘America runs on Dunkin’’, though evidently there was not enough room to complete the new legend with ‘’but not very far before breaking down and wheezing like a pimply slob”.
In a statement to the Liverpool Echo, the company confirmed that it had deemed the campaign not fit enough to continue. “As a proud partner of LFC, we did not intend any offence, particularly to the club’s supporters,” read the statement. “We have removed the tweet and halted the campaign immediately.”
Steve Earle Autographed Dollar bill “VERY RARE” Wont find anywhere (north austin)
Went to Steve’s Album release party and had the opportunity to talk with him and go eat at 24 hr downtown. He signed a dollar i had and said hes only ever remembered signing one other one before. I’m in a financial bind and willing to sale it for a decent price. can prove signing have pictures. call or text leaving Austin to go back home at 13:00 on a plane
serious cash offers only…also have his coffee mug ..would be willing to sell both for a decent price
Our long national nightmare is finally over ; after 4 years of strained pseudo stand-up and season-long attempts to glue “Survivor” to “SportsCenter” within the confines of the old Tower Records building on 4th and Broadway, Major League Baseball has mercifully pulled the plug the House Of Stupid otherwise known as the MLB Fan Cave. Sports Business Daily’s Eric Fisher provides the autopsy :
The move, led by Bob Bowman, president of business and media, is an attempt to consolidate all of baseball’s social media activities under MLB Advanced Media and the MLB Network. MLBAM had its own active social media agenda separate from the Fan Cave, often creating confusion on matters such as who would take a lead role in promoting coming MLB events.
“We’re trying to be more coordinated in all of our social media efforts,” Bowman said. “This change in structure is helping all of us focus on the same goals, and by putting all of the social media together, we hope to have a more consistent and effective message.”
Several Fan Cave components are likely to live on, including its concert series featuring up-and-coming acts and the creation of viral content with players outside the ballpark. But the original Fan Cave premise of having a group of selected fans watch every game of a season will cease.
Bowman said the decision to shift away from the Fan Cave does not represent a repudiation of the idea (“it would be a shame if that’s the conclusion people come to,” Bowman said).
Sorry, Bob. You’re not gonna spoil this moment for me. I’m gonna conclude we’re living in Repudiation City and you’re the goddamn Mayor.
SCP Auctions with great optimism calls Scott Norwood’s 1990 AFC Championship ring, “Bills Bling”. And in lieu of a non-existent Bills Super Bowl ring (or conversely, OJ Simpson’s skull), it’s probably the ultimate Buffalo artifact.
Boston’s 2024 Summer Olympics bid will require some fairly extensive construction, and said glittering monuments to pseudo-amateur athletics cannot be erected without knocking down some existing properties. Trouble is, the Boston Globe’s Casey Ross and Don Adams report some of those local businesses are earmarked for demolition/relocation, without any owners being consulted.
Vendors at New Boston Food Market off Interstate 93, where Boston 2024 is proposing the main Olympic stadium, said organizers have falsely represented that their property is for sale and the businesses are open to relocating.
“We don’t want to move. We’re happy doing business right where we are,” said Jeffrey Corin, owner of Robbins Beef Co. and president of the cooperative that manages the property. “It’s kind of mind boggling when people say, ‘We’re going to build it here and just move these businesses someplace else.’ Nobody’s even talked to us.”
Several other landowners, including those whose Dorchester properties would be part of the proposed Athletes Village, said Friday they, too, have not heard directly from organizers.
Corcoran Jennison Cos. owns several properties adjacent to the Bayside Exposition Center, which is owned by the University of Massachusetts and would be the center of the Athletes Village. The company owns the Bayside Office Center and the DoubleTree Hotel, which is slated for a $28 million expansion. It is also planning a $40 million residential complex. But Boston 2024 proposes using those properties for housing, a media staging area, or retail shops for competitors.
“We were under the impression that [the Athletes Village] was only on the UMass Boston portion of the property,” said Michael Corcoran, an executive at the firm. “They haven’t contacted us, and we have no intention of slowing our projects.”
Boston 2024 said in its planning documents that it has “engaged all owners in ongoing dialogue about permanent control of all land required” for the stadium and other venues.
Would you settle for Roger Cedeno Driving School? How about, “It’s 10pm, Do You Know Where Your Children Are (Because Paul Lo Duca Is Especially Interested In One Of Them”)?
Commissioner elect Rob Manfred announced a near-total overhaul of baseball’s hierarchy, replacing seven of the eight members of the powerful executive council, with Cardinals general partner Bill DeWitt (not coincidentally his biggest supporter in last summer’s contentious election process) the lone holdover. Forming the new executive council are Yankees general partner Hal Steinbrenner, Twins owner Jim Pohlad, Rays owner Stu Sternberg, Rangers co-chairman Ray Davis, Pirates owner Bob Nutting, Braves chairman Terry McGuirk and Cubs owner Tom Ricketts. Among those coming off the council are White Sox board chairman Jerry Reinsdorf, Red Sox owner John Henry and Reds owner Bob Castellini, all of whom — perhaps also not coincidentally — opposed Manfred last summer. In addition, two longtime Selig allies — Mets owner Fred Wilpon and Royals owner David Glass — came off the council but were appointed as chairmen of two important committees — Glass for business and Wilpon for finance. Manfred also appointed new Padres chairman Ron Fowler to head up the labor committee.
Last weekend, Disney’s ESPN debuted it’s first programmatically sold advertisement during an overnight edition of “SportsCenter”. If you’re wondering what that actually means, MediaPost’s Tyler Loechner attempts to explain :
The ad took its own 30-second block — almost like a Hulu ad block — and was shown from within the “SportsCenter” set. Also unlike traditional TV ads, the Turbo Tax ad was never given the full screen.
Along the bottom of the screen, the ESPN news ticker can be seen running throughout the spot, and a 30 second countdown clock is displayed directly above the ad. These decisions allowed ESPN to keep its “SportsCenter” themed wall in the background and display the ESPN and “SportsCenter” logos on screen — as well as the ticker — while the ad played.
Thanks to some photoshopping, we can tell you that the ad took up about 31% of the TV screen’s pixels. That — coupled with the fact the ad was shown at 1 a.m. — clearly exhibits that ESPN was simply testing the waters; the network was treating its programmatic ad much differently than it would a “standard” ad, not to mention a “premium” ad.
A non-full-screen TV ad played from within the studio at 1 a.m. during a non-conventional commercial break is a premium TV broadcaster’s equivalent to “remnant” display inventory.
I’ve noticed with no small fascination that the recent trend of cruises-with-iconic-bands (Kiss, Weezer, the Black Lips, Jack Russell’s Great White) has now extended to rail travel (there’s an LA to Seattle train journey featuring Robyn Hitchcock, John Doe and Exene).
While not begrudging anyone the right to spend their vacation dollars as they see fit, these packages are awfully expensive for the average music fan and with that in mind, i’ve put on my entrepreneurial helmet for the following alternatives for the budget conscious :
1) RIDE THE MEGABUS TO HOOGIE BOOGIE LAND – $75
Complete’s Curt Low will be your host on an Austin-to-Dallas bus trip that will provide musical memories to last a lifetime.
2) OUTSIDE OF TIME / INSIDE THE “F” TRAIN – $30
the one and only cosmic interceptor VON LMO* will delight you and a crowded (?) subway car traveling from Midtown Manhattan to historic Coney Island. Special hologram appearance by Stephon Marbury.
3) LOADING OUT, HEAVY LYFTING WITH AIR TRAFFIC CONTROLLERS – (price negotiable)
Travel from such rock landmarks as Red River between 7th & 8th or perhaps 12th and Chicon to an undisclosed location in South Austin, but not before being allowed to carry heavy equipment used to entertain a select audience mere hours earlier. It’s a rare glimpse behind the curtain that may or may not afford you a long soliloquy about the merits of the night’s other performers. (RIDE HOME NOT INCLUDED)
4) TRAPPED IN A SUBMARINE WITH MAC DEMARCO (cancelled – turned out to be quite expensive, liability issues up the kazoo, etc.)
Awful Announcing found the above Xmas ornament via the Boston Herald earlier today, and it is very safe to say Sportress Of Blogitude‘s Weed Against Speed isn’t going to shell out $16.50 to hang one on the S.O.B. tree.
You have got to be shitting me. Who in their right mind would want one of these? Better yet, who would be willing to humiliate themselves and walk into a Hallmark or Kohl’s store and purchase one of them? I don’t care if for some reason or another you find yourself with a half-witted, mouth-breathing, ham-fisted mongoloid on your holiday shopping list that would actually want one of these abominations, don’t go and buy one. This will not stand. This affront to Christmas will not stand, man.
I’m a bit less offended, but do hope at the very least, Vince Doria’s family got a few of these for free, what with his likeness being used.