contract negotiations
The purpose of the exercise is to simulate a salary negotiation between management and a free agent's player rep.
Your goals are
1) To successfully negotiate a 10-year contract with the other party
2) Within that agreement, to get the best possible financial terms for your side
While, in reality, there may be many aspects to a negotiation, this exercise focuses solely on the financial aspect. This exercise requires that you evaluate the financial terms of what is being offered by the other party, and, correspondingly, the financial terms that you are offering the other party. This is a 10-year contract, and thus you will primarily be calculating present values of various contract offers using the time value of money techniques.
Throughout this document you'll notice that I'm saying "negotiate with" and not "negotiate against." I loathe the phrase "negotiate against." The language frames negotiations as adversarial and zero-sum, yet in any negotiation, both sides want to come to an agreement (otherwise they wouldn't be at the table in the first place).
make an offer as an manager..I attached the offer sheet and the instructions..
please see attached files
9 years ago 20
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- order_68006_163677.doc
- order_68006_163950.doc