Word: franchisee
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The final critical change came in 1916 when the University allowed holders of all Harvard degrees to vote in overseers elections. Previously, only graduates of the College and a few of the professional schools were granted the franchise.
Although only Carter joined his present franchise via the free-agent route, the eight others--along with other players of their caliber--are paid such high salaries to preventthem from seeking free-agency.
These examples illustrate the ways a franchise can afford to keep its stars happy, without taking large chunks out of its pocketbook or salary cap each year.
One of the more outrageous contracts was Steve young's $40 million deal with the Los Angeles Express of the USFL. The contract would have run for 40 years--just enough time for $1 million to grow to $43 million at the interest rates of the time. Therefore, if the...
Blair just finished up his rookie campaign with the Salt Lake City Golden Eagles, the International Hockey League (IHL) minor league franchise of the Calgary Flames. A week ago, the Eagles closed out an improbable march to the Turner Cup with a 7-3 triumph over defending champion Muskegon, winning...