Word: bonus
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...Heisman Trophy winner at O.U. who is now a Detroit Lions running back, suggested that abuses in player recruitment are more common than is generally suspected. Owens revealed that while he was a high school senior in Miami, Okla., one college offered to deliver a $5,000 cash bonus to him at the local airport if he would sign with its team. Another school, he said, countered with a $10,000 enticement. "I was offered cars, wardrobes, free fraternity dues, you name it," said Owens, who declined to identify the offending schools. At Oklahoma, "all I ever received...
DeLorean will not lack for things to keep him busy. He owns part of the San Diego Chargers football and New York Yankees baseball teams, and will remain on the G.M. payroll as a consultant and become a Cadillac dealer in Florida. That will enable him to collect accrued bonus payments, but also may bar him from working for a competing automaker-to the industry's loss. DeLorean has been heard to mutter that the auto business is something less than all important, and Detroit can use men with that heretical perspective...
...current world tour by Mexico's President Luis Echeverria produced a modest but unexpected diplomatic bonus last week. During Echeverria's visit in Paris, President Georges Pompidou announced that France would associate itself with the Treaty of Tlatelolco, a pact signed in 1967 by 21 Caribbean and Latin American nations (not including Cuba) to bar all nuclear weapons in the region from Mexico to Tierra del Fuego...
...early, and perhaps extreme, indication of the mood: the United Steelworkers of America, whose contracts with steel mills still have 16 months to go, last week concluded an agreement designed to prevent a strike at least until 1977. For openers, steel mills will pay each worker a $150 bonus in 1974 and distribute a basic wage increase of 3% in each of the next three years. But the union regards the 3% only as a "floor" from which it expects to negotiate further raises. If the two sides cannot agree on how much more than 3% workers should...
...Maintaining an employee stock-option plan or, more and more often, launching a long-term bonus incentive program (see following story...