Posted by Nalod:
Anucha was considered a big rising name in the professional sports entertainment business. Listed by some as a real up and comer.
She was given raises and promotions.
Until she met Isiah.
11mil is a big number, but her career was ruined unless they were found wrong. This is not rank and file stuff here, she was a highly paid exec whom had big plans and was credible.
Nalod, I am highlighting this b/c I think it's relevant to dissect the $11 mil based on what you had said here...
Eny - look at it like this, if she's earning total comp of $335,000 per year ($260k salary plus $75k bonus), and she is what, like 40 or so? ok, so she has 20-25 yrs left in her career right and, as nailed says "had big plans" career-wise, so - if we kept her salary flat at that amount for the next 20-25 yrs, she would earn $6.7 - $8.4 mill in total comp over that 20-25 yr period right? BUT, since she did have "big plans" career-wise and was definitely looked at as someone who has extremely high potential and would make huge moves as an African American female in professional sports, then wouldn't her earning curb shift upward SIGNIFICANTLY over the next 20-25 yrs? I mean, we are paying some GM's $5-10 mill in contract money....not saying she would be GM at some point, but understanding the fact that promotions, salary raises, bonuses and even moving to a new, higher paying job based on past success - does that make the $11 mill more plausible in your mind?
I believe a report said she just got some job at a college or something. I doubt they are paying her $335k in total comp there right? I may be rambling a bit, but trying to paint the financial side of the equation from my opinion on the $11 mill settlement.