Re: [nas] Hong $

[<big_dog@fastmail.fm>]

Title: Re: [nas] Hong $

A friend in the Korean press mentioned Hong wants to play 2-3 years in the US and also mentioned that Hong will not be the last MLS Korean signing.
BD
> From: Stan Collins <paretooptimalman@netscape.net>
> Reply-To: stancollins@mindspring.com
> Date: Tue, 05 Nov 2002 19:24:36 -0500
> To: nas <nas@americakicks.com>
> Subject: Re: [nas] Hong $

> Stan Collins wrote:
>
> > That's probably an overestimate.
>
>
> Here's an estimate on the higher end of what one might call reasonable. 
>  Say Hong hits 60% of his incentives and stays two seasons (it's 
> unrealistic to believe MLS would pay that kind of transfer fee without a 
> multi-year deal).  That would be right at about $800k per.  Now, any 
> player who could his 60% of those incentives must be worth at least 
> $60k, even if his name was John Smith.  So subtract that out, and you 
> have $740k.  Divide that by $30 a ticket and by 15 home games, and you 
> have about 1,650 tix per game.
>
> That's if:
>
> a) he's not one of the better defenders in the league (which would make 
> him worth more than $60k)
> b) he doesn't stay longer than the two years
> and c) he still hits 60% of the incentives both years (which would mean 
> the incentives were rather poorly designed).
>
> Stan Collins
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