If I were Levin, I’d want a three-year contract commensurate with the sale price of Dealbreaker. Say a $100,000 signing bonus, and then a salary of $200,000 a year for three years. Contracts by their nature have to be lucrative things, because they carry an opportunity cost: if the Daily Show, say, came calling offering a television-size salary, Levin would have to say no if she was already under contract.
Monday, October 4, 2010
Contracts and compensation
Another relevant point on the economics of labor. This time from Felix Salmon (via guess who):