Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Tuesday, October 30, 2007

Baseball Player vs. Broker -- Who's Worth More?

Who's worth more, the soon-to-be former New York Yankee Alex Rodriguez or the soon-to-be former Merrill Lynch CEO Stanley O'Neal?  Rodriguez reportedly is looking for $30 million a year and is willing to give up the three-year potential of $91 million remaining on his Yankees contract; NYTimes, Rodriguez Not Greedy by Standard of Wall St.  Meanwhile, the less successful O'Neal, whose resignation has not yet been announced, reportedly is negotiating tough for his exit package, expected to bring him about $160 million.  He earned about that amount on his nearly five years on the job.  WSJ, O'Neal's Last Big Deal as Chief Executive: Determining the Terms of His Exit Package.

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