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Diane P. withheld withheld
dianep@withheld.net Web Development
919.890.6340
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Date: Thu, 3 Oct 1996 10:21:19 -0400
From: "J. Ferrell - WebPress" <ferrell@enterprise.withheld.net>
>From ferrell Thu Oct 3 10:21:19 1996
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From: "J. Ferrell - WebPress" <ferrell>
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Subject: Man, I feel poor (fwd)
To: dianpe
Date: Thu, 3 Oct 1996 10:21:18 -0400 (EDT)
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>From withheld@enterprise.withheld.net Thu Oct 3 09:38:59 1996
Date: Thu, 3 Oct 1996 09:38:56 -0400 (EDT)
From: Mwithheld A withheld <withheld@enterprise.withheld.net>
To: "J. Ferrell - WebPress" <ferrell@enterprise.withheld.net>,
Scott Noecker - WebPress <noecker@enterprise.withheld.net>,
jennifer dilley <maronpo1@niehs.nih.gov>,
rochelle chan <Rochelle_Chan@mindlink.bc.ca>,
neil green <ngreen@cimtec.com>
Subject: Man, I feel poor (fwd)
Message-ID: <Pine.SUN.3.93.961003093733.22181C-100000@enterprise.withheld.net>
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>>Subject: Good news for accountants
>>For the benefit of those who aren't sports fans, Michael Jordan
>>(arguably the world's best basketball player) recently signed a
>>ONE YEAR contract for something like $25 million. ]
>>>
>>>
>>> Michael Jordan makes over $300,000 a game or $10,000 a minute
>>> (assuming 30 minutes/game). Assuming $40 million in endorsements
>>> next year, he'll be making $178,100 a day (working or not)!
>>>
>>> * If he sleeps 7 hours a night, he makes $52,000 every night while
>>> visions of sugarplums dance in his head.
>>>
>>> * If he goes to see Independence Day, it'll cost him $7.00, but
>>> he'll make $18,550 while he's there.
>>>
>>> * He'll probably pay around $200 for a nice round of golf, but will
>>> be "reimbursed" $33,390 for that round.
>>>
>>> * He makes $7,415/hr more than minimum wage (after the wage hike).
>>>
>>> * He'll make $3,710 while watching each episode of Friends.
>>>
>>> * If he decides to have a 5 minute egg, he'll make $618 while
>>> boiling it.
>>>
>>> * If he wanted to save up for a new Acura NSX ($90,000) it would
>>> take him only 12 days.
>>>
>>> * If someone were to personally hand him his salary and endorsement
>>> money, they would have to do it at the rate of $2.00 every second.
>>>
>>> * He could take 1/100,000th of his income and buy some poor college
>>> student 5200 packages of Ramen.
>>>
>>> * If you were given a tenth of a penny for every dollar he made,
>>> you'd be living comfortably at $65,000 a year.
>>>
>>> * Assuming he puts the federal max of 15% of his 1997 income into
>>> his tax deferred account (401k), he will hit the federal cap of
>>> $9500 for such accounts at 8:30 a.m. on January 1st, 1997.
>>>
>>> * He made about $19.60 while watching the 100 meter dash in the
>>> Olympics.
>>>
>>> * He'll make about $15,600 while the Boston Marathon is being run.
>>>
>>> * Next year, he'll make more than twice as much as all of our past
>>> presidents for all of their terms combined.
>>>
>>>
>>> *****BUT*****
>>>
>>>Jordan will STILL have to earn this income for 270 more years to
>>> have a net worth equivalent to that of Bill Gates!
>>>
>>> MORAL: STAY IN SCHOOL, GET AN EDUCATION, and BECOME A NERD
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