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How much will top end contracts be worth in 50 years?

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07-24-2012, 04:26 PM
  #1
Breakfast of Champs
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How much will top end contracts be worth in 50 years?

We've seen a couple 100M+ contract signings recently. Just wondering how much money will be given to top end players for 10+ years in 50 years?

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07-24-2012, 04:29 PM
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Frankie Spankie
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.11nx

n = Salary Cap
x = Number of years



It may or may not look ridiculous today with whatever numbers it'll be, but it's all based on percentages of the salary cap.

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07-24-2012, 04:30 PM
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Juzmo
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About $3.50.

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07-24-2012, 04:36 PM
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Kulluminati
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How are we supposed to know the answer to this question, you have to take into account inflation, if the NHL is the premier league in the world for hockey (probably will be, unless some horrible catastrophe occurs in North America, salary caps and stuff. But lets just say, a lot more than what they are now.

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07-24-2012, 04:38 PM
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bottomofthefoodchain
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Quote:
Originally Posted by Juzmo View Post
About $3.50.
In value compared to the dollar today, I think you are about right.

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07-24-2012, 04:39 PM
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Breakfast of Champs
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Quote:
Originally Posted by Kulluminati View Post
How are we supposed to know the answer to this question, you have to take into account inflation, if the NHL is the premier league in the world for hockey (probably will be, unless some horrible catastrophe occurs in North America, salary caps and stuff. But lets just say, a lot more than what they are now.
That was the point, we don't know....so guess!?

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07-24-2012, 04:40 PM
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WarriorofTime
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If Obama is re-elected and American debt soars to an unsustainable level then the economy may tank in a way that we are not all living as large as we are now, that will of course spill over to Canada as well given how much our countries trade with each other and perhaps major sports leagues aren't quite the same mega-industries they are today and players' will make less money.

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07-24-2012, 04:44 PM
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Dellstrom
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World ends in December.

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07-24-2012, 04:44 PM
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Skm
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Originally Posted by WarriorofTime View Post
If Obama is re-elected and American debt soars to an unsustainable level then the economy may tank in a way that we are not all living as large as we are now, that will of course spill over to Canada as well given how much our countries trade with each other and perhaps major sports leagues aren't quite the same mega-industries they are today and players' will make less money.
Tim Thomas, is that you?

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07-24-2012, 04:46 PM
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This is a business question more then a sports question. Track inflation and USD value for the last 50 years and project it out 50 years into the future. Maybe add 8% real growth on top end sports contracts. And add the distinct possibility of worldwide economic collapse, a great american debt crisis, japanese balance sheet crisis, a greek economic depression, and a chinese stranglehold on commodities, and we have ourselves severe unpredictability.

7b5nx2? dollars would be my answer

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07-24-2012, 04:48 PM
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Dellstrom
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Originally Posted by Skm View Post
Tim Thomas, is that you?
"Now, don't you see why hockey isn't important right now?"

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07-24-2012, 04:48 PM
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07-24-2012, 04:48 PM
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Originally Posted by Lucic View Post
World ends in December.
Didn't you hear? The Mayan calendar never accounted for leap years, so the world was actually supposed to end about 7 months ago. True story.

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07-24-2012, 04:57 PM
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Originally Posted by Cruel11 View Post
Didn't you hear? The Mayan calendar never accounted for leap years, so the world was actually supposed to end about 7 months ago. True story.
for **** sakes I was looking forward to seeing all the heartbroken conspiracy theorists backtracking and setting a new date perhaps december 12 2021?

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07-24-2012, 04:58 PM
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07-24-2012, 05:04 PM
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WarriorofTime
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Quote:
Originally Posted by Skm View Post
Tim Thomas, is that you?
I actually like Obama- it's cool to see a Chicagoan in the White House. I just don't think he knows anything about the economy.

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07-24-2012, 05:04 PM
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VanIsle
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Maurice Richard and Frank Mahovlich were paid $25,000 per year in the early 60s.

Shea Webber gets $14,000,000 as of today.

That is 560 times as much as Richard and Mahovlich were paid in the early 60s.

So if the stats remain true that is $7,840,000,000 which is impossible.

I would say around $75,000,000 per year for the most elite player.

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07-24-2012, 05:05 PM
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07-24-2012, 05:06 PM
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WarriorofTime
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Quote:
Originally Posted by VanIsle View Post
Maurice Richard and Frank Mahovlich were paid $25,000 per year in the early 60s.

Shea Webber gets $14,000,000 as of today.

That is 560 times as much as Richard and Mahovlich were paid in the early 60s.

So if the stats remain true that is $7,840,000,000 which is impossible.

I would say around $75,000,000 per year for the most elite player.
Think how much the professional sporting industry has grown in that time with television. I can't see anything that would drive up the costs/revenues to that same level. Do you think people will be paying $1000 dollar tickets in 2050?

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07-24-2012, 05:06 PM
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Quote:
Originally Posted by WarriorofTime View Post
If Obama is re-elected and American debt soars to an unsustainable level then the economy may tank in a way that we are not all living as large as we are now, that will of course spill over to Canada as well given how much our countries trade with each other and perhaps major sports leagues aren't quite the same mega-industries they are today and players' will make less money.
It'll be ok as long as we have guns.

Based on a standard inflation rate and a slowing but consistent revenue growth for the league in 50 years the average yearly contract for an average player will be $13-15mm and a star player will get $25-35mm. That's my best guess.

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07-24-2012, 05:07 PM
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Quote:
Originally Posted by VanIsle View Post
Maurice Richard and Frank Mahovlich were paid $25,000 per year in the early 60s.

Shea Webber gets $14,000,000 as of today.

That is 560 times as much as Richard and Mahovlich were paid in the early 60s.

So if the stats remain true that is $7,840,000,000 which is impossible.

I would say around $75,000,000 per year for the most elite player.
o.o

Then they will strike for more money and say they have to feed their dogs!

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Old
07-24-2012, 05:09 PM
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Harbinger04
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Quote:
Originally Posted by Cruel11 View Post
Didn't you hear? The Mayan calendar never accounted for leap years, so the world was actually supposed to end about 7 months ago. True story.
incorrect.

http://jameswatt.me/2012/03/07/mayan...ian-leap-year/

Quote:
the date of December 21, 2012, is not based on Mayan tuns. It is based on the total accumulation of days since the beginning of the Mayan calendar. It is commonly accepted that the first date on the Mayan calendar is August 11, 3113 BCE on the Gregorian calendar. Therefore, we must start on that date and count forward in time.

The Mayan baktun is the equivalent of 400 Mayan tuns (years). But remember, their years are only 360 days long. 400 x 360 = 144,000. Therefore, each Mayan baktun is a total of 144,000 days long.

As of the time of posting, the Mayan date is 12.19.19.3.11. The first number represents the baktun, the second number katuns (20 Mayan years), the third number is tuns (Mayan years), the fourth is uinals (20 day “weeks”), and the final number is the day. I know that I’m making some history nut cringe at my over simplification of the Mayan calendar; I’m using “years” and “weeks” to make things easy to understand.
On December 21, 2012, the first number in the Mayan calendar will change from 12 to 13, making it 13.0.0.0.0. The last time this happened was on September 18, 1618, when the current baktun started. As you have already imagined, the Mayan date on that day was 12.0.0.0.0. Obviously, the world didn’t end.

But how do we know that 13.0.0.0.0 will happen on December 21, 2012? First, we need to calculate the total amount of days required to reach the 13th baktun: 144,000 x 13 = 1,872,000 days.

If we start counting from August 11, 3113 BCE, we probably won’t get very far. I don’t know about you, but counting to almost 2 million isn’t something that I have time to do. Instead, use any date calculator to do the math. Sure enough, you’ll always arrive at the same date: December 21, 2012.

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07-24-2012, 05:32 PM
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07-24-2012, 05:42 PM
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07-24-2012, 05:56 PM
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