September 21, 2010 |
The Border Patrol wants its leaders to talk to one another, and the agency is willing to pay some former government employees nearly half a million dollars to help make that happen. In an example of how common it has become for government agencies to outsource seemingly routine tasks to former officials, the U.S. Customs and Border Protection has awarded a "strategic consulting" contract worth up to $481,000 over five years to a small firm staffed by former agency insiders. One of the three major tasks outlined in the deal is to "facilitate discussions among senior Border Patrol leaders" at conferences near the agency headquarters in Washington, according to the contract documents.
February 7, 2012 |
The Pac-12 Conference's board of directors unanimously decided to extend the contract of Commissioner Larry Scott on Monday, giving him the opportunity to push forward with his plans to reshape the league through 2016. All 12 university presidents who make up the board agreed to the extension. Since taking over on July 1, 2009, Scott has overseen the conference's expansion to include Utah and Colorado. He also negotiated a landmark 12-year television contract last summer with Fox and ESPN worth about $3 billion and helped create the Pac-12 Network and Pac-12 Digital Network.
December 13, 2012 |
This post has been corrected. See below for details. CBS has won an at-times bitter fight to hold on to its contract to sell advertising on Los Angeles County buses and trains. The board of the Los Angeles County Metropolitan Transit Agency voted 7-2 Thursday to approve CBS' bid of $110 million for a five-year renewal agreement that will start in 2013. CBS has held the contract for more than 30 years. CBS faced competition from outdoor advertising company Titan, which bid $117 million in an effort to snag the contract.
September 13, 2012 |
Question: When is a contract not worth the paper it's printed on? Answer: When it contains weasel words so broad in scope that one party is free to change whatever it wants, whenever it wants. Janet Bandur and her husband, Darrell, discovered this after Wells Fargo contacted them recently to say that their home equity line of credit was being closed because "it is no longer compatible with today's systems. " The Bandurs were told they had one year to pay off the roughly $87,000 they had outstanding on the account.
November 25, 2013 |
Happily for Kobe Bryant, he is now going to be a Laker for life. Sadly for the misguided Lakers, it probably won't be much of a life. The news Monday that Bryant had signed a two-year contract extension worth $48.5 million - twice his market value, eight months before it was necessary - was a startling celebration of individuality by a decorated franchise and veteran leader who both should have known better. PHOTOS: Kobe Bryant through the years The Lakers have proven they are about championships, yet they just handed out the sort of hefty contract to an aging and injured star that will likely prevent them from adding the free agents necessary to win another one with him. Kobe Bryant has also said he is about championships, yet he signed this extravagant deal instead of following the lead of wealthy veteran athletes like Tom Brady and Tim Duncan who agreed to take less money for the sake of improving the team.
May 1, 2013 |
UCLA basketball Coach Steve Alford is still trying to disentangle himself from the University of New Mexico. New Mexico says Alford owes the university $1 million, which was the buyout amount in a contract extension that was to take effect April 1, two days after UCLA hired him. Alford, in a letter to the school, has offered $200,000 under the terms of his previous contract. Alford was required to give 30 days' notice, so New Mexico officials believe he is therefore bound by the terms of what would have been his new contract.
December 14, 2012 |
Zack Greinke's six-year deal with the Dodgers could be worth as much as $158 million, according to a person familiar with the details of the contract. But it's unlikely Greinke will collect the full amount, as it would require him to win six Cy Young Awards and be traded. Greinke's contract is guaranteed for $147 million. He will be paid a signing bonus of $12 million in several installments from this month to February 2014. His annual salary breakdown is as follows: 2013: $17 million 2014: $24 million 2015: $23 million 2016: $24 million 2017: $23 million 2018: $24 million Greinke's base salary in 2018 will increase to $26 million if he pitches 1,000 innings in his first five years of the contract.
November 26, 2012 |
Evan Longoria says he wants to be with the Tampa Bay Rays for his entire big league career. The slugging third baseman got his wish Monday when he and the Rays agreed to a $136.6-million, 10-year contract that adds six guaranteed seasons and $100 million. "I always wanted to be kind of a benchmark player … the guy that you could think about or associate with the organization," Longoria said. "My goal from day one was to be the first player that played their whole career here, to be the first guy that came into the organization and went out in the organization, and played all the years in between.