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“In really broad terms what we are not going to allow is a contract to come on the table for $200,000 in the first year and $600,000 in the second year. We are just not going to allow that to happen anymore," Greenberg said”The article was written in 2018, read the date at the top......
Not trolling, I am providing relevant information to the discussion
Without going in depth detail of dollar amounts, say he signs for four years (I don’t know how long, just as an example), gets paid $700k p/a. We have around $400k this year. Spread the other 300k over the term of three years, only $100k. That’s not $400k like Greenburg stating. That’s the ridiculous amounts the CEO is talking about.
Now Thompson himself, he doesn’t want to break a contract then good on him. A shrewd businessman or women will get their way, whatever obstacle they face. That’s all I’m trying to say.
Good signing, happy we have at least one good one for next year but that’s all it is. The board doing what they’re supposed to. Not going to lick their toes for something they need to do anyway. If they got him this year through all the obstacles they had to face, I would say kudos to the board and I honestly would have cheered as they would have deserved it.