Jon Lester Case Study

198 Words1 Page
bulb-icon

Recommended: Endorsement in american sport

Jon Lester Jon Lester is an American professional baseball pitcher who has net worth of $55 million. He started his career with Boston Red Sox of Major League Baseball (MLB) in the year 2002 where he was paid a signing bonus of $1 million. He has total experience of 8.07 years. In the year 2008 his contract was extended and he agreed to five year $30 million contract with Red Sox. He played with Red Sox from 2008-14. His annual salary is approximately $34 million with base salary of $15 million. He signed a six year contract with Chicago Cubs of Major Leauge Baseball for $155 million with signing bonus of $30 million. From next year his annual base salary will increase to $20 million. According to Forbes magazine he is ranked No.19 The World’s Highest Paid Athelete. His estimated career earning inclusive of signing bonus and incentives till 2015 is $30 million. …show more content…

He earns close to $400,000 through endorsements. After joining Chicago Cubs he left England endorsements such as Verizon Wireless, People’s United Bank. Currently he is signed up with

Show More
Related

  • Kent Ehrhardt Bio Essay

    553 Words  | 2 Pages

    There's no doubt that Kent Ehrhardt is worth millions of dollars. But his actual net worth is not known yet. The job of the Chief Meteorologist at WPTV surely pays him a lavishing salary but the precise annual salary paid to Kent Ehrhardt is still a mystery to many. Within a few years to come, Kent Ehrhardt's net worth is sure to grow substantially.

    Read More

  • Roberto Clemente

    578 Words  | 2 Pages

    MVP in 1966 and was chosen as the MVP in the 1971 World Series. He was also a 12

    Read More

  • The Insanity Plea By Winslad And Ross: Summary

    1200 Words  | 3 Pages

    was one of the 3 highest paid players EVER in the American League and he was

    Read More

  • Tweed: Negro League Baseball

    554 Words  | 2 Pages

    When he played in the old Negro League for the Fort Wayne Pirates he received about $30 per week . He soon realized that it wasn't enough money to support a family, especially when the bloomed to eight. While there were many opportunities for him to turn pro, he turned them down due to Jim Crow and he went back to being a sign painter. Webb painted signs from 1930 until 1971. He had many supporters encouraging him to return to playing ball as good as he was. As official scorer he found a paying job, though his column in the St. Louis Argus paid him nothing at

    Read More

  • A Procative Approach To Improving Minor League Baseball Compensation

    982 Words  | 2 Pages

    Senne has raised interesting theories about minor league compensation. Most MLB clubs have around two hundred active players in their farm systems at any given time, spread across between seven to nine minor league affiliates. But none of these players earn a yearly salary above the National Poverty Line of $11,670 for a single person household.

    Read More

  • The Difficulty of Getting Drafted in to the MLB

    723 Words  | 2 Pages

    can hit and field like no one else. He is an amazing player and great hitter. He has a great

    Read More

  • Latinos in Baseball

    917 Words  | 2 Pages

    The highest paid baseball player in Major League Baseball history is a Latino. Alex Rodriguez signed a seven-year contract for two hundred and fifty-six million dollars in 2000. This not only made him the richest baseball player ever, but also the richest Latin American athlete in history. The signing of Alex Rodriguez proved that Latin American athletes deserved to sign big money contracts just like the other players.

    Read More

  • 1919 World Series

    1192 Words  | 3 Pages

    extra $10,000 if he won 30 games. The offer of this sum of money appealed to Cicotte and he

    Read More

  • The Life Of Babe Ruth

    1554 Words  | 4 Pages

    team of the American League. Ruth was paid a salary of $600 to play in the

    Read More

  • The Effect of Steriods in Major League Baseball

    1333 Words  | 3 Pages

    One of the most recent busts was that of over twenty major league players who included some of the most high paid players in baseball. It included names like Ryan Braun and Alex Rodriguez, who both were considered icons of major league baseball and hall of fame class players. Rodriguez was even considered to be one of the best players in the game and at one time was the highest paid player in baseball history. These along with other players were the first ev...

    Read More

  • Professional Athletes Get Overpaid

    526 Words  | 2 Pages

    The first reason that they aren’t overpaid is their career length. While other careers can last over 40 years. While David Ortiz’s career lasted nineteen years.The pay they make is good because they need to use it wisely but, quite a few of the pro athletes don’t spend their money sensibly. Truly some athletes spend too much money on very spendy

    Read More

  • The Process Of Baseball: The Lower Levels Of Professional Baseball

    737 Words  | 2 Pages

    Trusting your own skills and working hard to get to the level you want to be at in baseball is commonly referred to as “the process.” The average salary of a major league baseball player is 3.5 million while minor leaguers make about 20,000 dollars a year. Passion and money is the sole reason why every baseball player wants to make it for the top. Professional baseball is composed of seven levels which can be categorized into three levels consisting of the lower, middle, and upper levels. Each level is different, but everyone has the same goal. Make it to the major leagues. As long as players work hard and stay dedicated they can achieve their dreams. The greatest thing about baseball is that is is like Florida weather because it is so unpredictable.

    Read More

  • The Economics of Baseball

    735 Words  | 2 Pages

    One of the most notable people to receive an unbelievable contract was Alex Rodriguez. He singed the biggest contract in baseball history with Texas Rangers for an estimated 252 million dollars over ten years. The owner of the Rangers, Tom Hicks, believes that even by paying the superstar 25 million a year, there will still be a big profit. A surprising point here is that even though the Rangers have to pay that much money to just one player, ticket prices have not been raised. The team is one of the few that didn't raise ticket prices. A lot of the revenue for the Rangers, as well as every other team, will come from TV contracts, media coverage, endorsements, and by selling out every night of the season.

    Read More

  • Are Professional Athletes Overpaid?

    2054 Words  | 5 Pages

    Tiger’s salary for 2011 is $2,294,116 and like Babe Ruth, his endorsements exceed his salary earning $60,000,000 making his total $62,294,116 (Freedman). It’s crazy to think that 89 years ago professional athletes scarcely made more than the average person today. This is of course not counting the inflation that has occurred since the years which Babe Ruth played baseball. Athletes are offered endorsements to act as a representative for a company to help promote sales. They often are seen in commercials promoting athletic apparel, shoes, sports drinks, food, and other products.

    Read More

  • Case Study Of Reson

    1078 Words  | 3 Pages

    -Customers: The company felt the importance of being customer-centric and innovate by adapting to customer

    Read More

More about Jon Lester Case Study

Open Document