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Showing posts with the label history

The 5 largest contracts in MLB history

Los Angeles Angels two-way star Shohei Ohtani is the top player in Major League Baseball. He is a potential trade candidate before the deadline and on the verge of signing a historic and massive contract in free agency. The league’s top teams are expected to compete for Ohtani, resulting in a fierce bidding war. There is no precedent for Ohtani’s situation, and the outcome is anyone’s guess . Some sources predict that he will receive $500 million or more over 10 or more years, along with several opt-out opportunities included in the contract. Offering a player an opt-out clause has become common at the top end of the market. It allows players to decide whether to stay in a deal or test the free-agent market at specific agreed-upon points. Giving Ohtani a vast contract with the ability to re-enter the market if he is dissatisfied would be the modern baseball equivalent of giving him a blank check . The five largest contracts ever On December 11, 2000, Alex Rodriguez signed a contract...

What happens if the government shuts down? A lot, history tells us

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The nation is barreling toward what could become one the largest government shutdowns in US history on Oct. 1, with 4 million employees at risk of losing pay. The nation is barreling toward what could become one the largest government shutdowns in U.S. History beginning Oct. 1, with each of a dozen bills needed to keep funding flowing mired in Congress. Medicare, Medicaid and Social Security payments won't be affected. Neither will the U.S. Postal Service, which uses its own revenue stream. Still, union officials and other experts estimate the scope of this shutdown is on track to eclipse past spending lapses, with as many as 4 million workers affected -- about half of which are active-duty Military and reservists. According to the American Federation of Government Employees, roughly $5 billion a week in civilian workers' wages alone could get sucked out of the economy in a shutdown. "It is uncharted territory. And it is incredibly stupid. I mean, it is the equivalent ...

Chris Ford, Boston Celtics champion who made first 3-pointer in NBA history, dies at 74

Former Boston Celtics player and head coach Chris Ford has died at the age of 74, the team announced Wednesday. Ford played for the Celtics from 1978-1982 and won a title with the team in 1981. Prior to playing in Boston, he spent six seasons with the Detroit Pistons, who selected him out of Villanova in the second round of the 1972 NBA Draft. Ford is noted for having made the first 3 -point er in NBA History on Oct. 12, 1979. After his playing days, Ford went on to serve as the head coach of the Celtics (1990-1995), Milwaukee Bucks (1996-1998), Los Angeles Clippers (1999-2000) and Philadelphia 76ers (2004). The Ford family released the following statement regarding Chris' passing:  The Ford family is sad to announce the passing of Chris on January 17, 2023. Chris was beloved by his family, friends, and teammates. He had a great love for his family, the city of Boston, the fans, and the entire Celtics family. He always showed...