Word: partnering
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Dates: during 1990-1999
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Bonds earning about $40,000 a game? How can the Giants afford that? As Peter Magowan, the Giants' new managing partner, tells it, signing Bonds was a prudent move. "We had three guys playing left field last year at $2.5 million," he explains. "People keep talking about $43 million for Bonds, but he's getting less than the $7 million average during the first year. You throw in 150,000 more fans, and that's $1.5 million off that cost. And we have a much better team." This kind of baseball economics makes as much sense as Ronald Reagan...
...money-losing CBS contract expires after this season, as does a $400 million cable deal with ESPN. "Baseball is spending money that it's not going to have," warns a sports-broadcasting executive. Bill Giles, president and general partner of the Philadelphia Phillies and chairman of the owners' television committee, reckons that the new TV agreement to be negotiated this summer will bring in around $200 million a year (about $6 million per club) rather than the current $400 million. Small wonder that, facing a $7 million- per-team shortfall, some teams appear to be feeling the pinch...
...Rogers is cracking up, and not all that slowly. She is married to a bright, fairly sympathetic fellow who restores houses, and she is a successful partner in a business that makes videos of weddings. Makes, in fact, seamlessly joyous videos of weddings often awkward and sour, which is an art, and one she is good at. But her hobbies, shoplifting clothes from Bergdorf and ingesting methamphetamine, which she does quite often from the tip of her jackknife blade, don't foretell a long and happy life. She is a diabetic, in addition, and her meth addiction worsens a deteriorating...
Employers are also responding to factors closer to home. They are embracing such cutbacks not simply to slash up to 40% of payroll costs, though that might be inspiration enough. They are also freeing themselves from inconvenient labor and equal-employment requirements. Says Ronald Cohen, a senior partner of Cohen & Co., a regional accounting firm based in Cleveland, Ohio: "You don't need to worry about the incredible compliance problems and potential litigation if you fire someone." Using disposable workers also means that companies rarely have to train them. Moreover, getting rid of such workers is easy when they...
Some Black alumni said they were personally affronted by Mansfield's comments. Asked about the professor's statements, William F. Kuntz II '72, a partner in a Wall Street law firm, proceeded to recite his resume, which included three post-graduate degrees and a stint on New York City's police civilian review board...