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Customers cut the size of contracts with Electronic Data or did not purchase additional services, and some European contracts produced less revenue than Electronic Data had expected.
The game of baseball has simply become more valuable in recent decades (as measured by the size of contracts for players and television as well as by the value of teams themselves), and so, a great deal more concentration goes into maximizing results.
The Buffalo Bills — not known for making risky moves on big-name players — on Saturday night signed the mercurial but talented Owens to a one-year contract believed to be worth $6.5 million, a bargain given the size of contracts other wide receivers have received this off-season.
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If the race comes down to size of contract, both in years and in dollars, it should be no contest.
The organisations together set up a mutually owned SPV (effectively a company) to hold and manage the contract on their behalf, giving them scale to deliver this size of contract which none would have had in isolation.
And it said it would like turnover, insurance and financial requirements to be proportional to the size of contract.
"But, you get – because of the size of the contracts now, the contract will be worth £30m, £40m, at 10% and you've done a deal with the agent where you're getting 5% of the agent's fee, which is massive for doing about two hours' work".
Some of the big national outsourcing contracts, like the Work Programme, have frozen the voluntary sector out, partly because of the size of those contracts and partly because of the way payment by results has been designed.
"The TTFA was happy to brag about the size of those contracts.
But nowadays, Franzen complained, Time was giving its covers to the likes of Scott Turow and Stephen King, novelists better known for the size of their contracts than for their literary talent.
TDM, builder of the new San Antonio school, is one of several companies that stand out — for the size of their contracts, their seemingly overnight success or both.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com