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Justin Verlander, who once paid $3,000 for a chocolate milk. Seriously. This was back in high school, and he didn't have any money. He offered a buddy 0.1 percent of his pro signing bonus for 50 cents on the spot. His friend wrote out a contract on a napkin, and Verlander signed it.

Great story. Can't believe I'd never heard it before. (Mellinger)

2 months ago Brroyal_tiny BrRoyal 5 comments 1 recs  | 

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lol

A friend & I actually made a similar agreement in college

BOOM! ROASTED!

by GoBabies!! on Sep 17, 2009 1:56 PM EDT reply actions   0 recs

Heck, this sort of thing happens all the time.

A guy I worked with once cashed in some stock options in 1995 to buy a new living room set.

In 1999, he replaced it; he threw a party where he burned the old couch as a bonfire, referring to it as “the $750,000 couch” because that’s what the stock options he sold to buy said couch would have been worth by the time of the party.

On the other hand, in 1999 I sold options to buy a new car; when I traded it in 8 years later, the trade-in value of the car was greater than the stock options I’d sold to buy it would have been worth at the time, which means the poor bastards who bought the options I sold paid about $100 each for a lot of chocolate milks.

This space for rent.

by jonfmorse on Sep 17, 2009 5:31 PM EDT reply actions   0 recs

That deal was more like

I’m going to punch you in the face, then you pay me $4.5M. Oh, and we’re gonna do it again next year.

by AxDxMx on Sep 17, 2009 5:57 PM EDT up reply actions   1 recs

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