Word: three-year
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...Locking in long-term revenue is typical in the sports business and crucial to spending during a downturn. Besides the broadcast deal, by far the world's biggest with a single sports club, Madrid has another season left in its three-year shirt-sponsorship contract with online betting company bwin, and kit sponsor Adidas is signed up until 2012. Although commercial revenue dipped as a share of Madrid's takings in 2007-08 - the departure of Englishman David Beckham, who helped increase merchandise profits 137% during his four years with the club, had a lot to do with that...
...Smithsonian’s Director of the Museum of Natural History Cristián Samper won six-year terms in an alumni vote to serve on the 30-member board.Former CEO of Vertex Pharmaceuticals Joshua S. Boger, who received the sixth most votes, will serve the remaining three-year term vacated by Arne S. Duncan ’86, who left to serve as U.S. Secretary of Education...
...kind of out of nowhere,” said Matthew S. Coe-Odess ’12, a member of the JV baseball team. “Our captain told us that no one had contacted us.” Nicholas P. Manzo ’10, a three-year veteran of the JV basketball team, said that he received no prior notification that his team had been eliminated. “It wasn’t expected but it wasn’t surprising,” Manzo said. “There was no e-mail or anything...
...Cambridge Public School Committee ratified the employment contract for the district’s new superintendent yesterday evening, finalizing the appointment of Jeffrey M. Young, the current head of Newton Public Schools. The three-year contract—which was signed last Wednesday by Young and Mayor E. Denise Simmons on behalf of the school committee—was reviewed by the committee in a private session but passed unanimously during the public portion of the meeting. While Young was voted in as the district’s new superintendent on April 7, his formal selection was contingent upon...
...Mexican army is not particularly well trained for the urban-guerrilla nature of drug wars. Either way, by last year Washington had become alarmed at Mexico's slaughter: Congress approved $400 million in aid for Mexico's drug war, the first installment of what is supposed to be a three-year, $1.5 billion package known as the Mrida Initiative...