Yes, 3 years is correct. It was posted, and it states legally that it is binding for 2016, 2017 and 2018. Last I checked, the end of 2018 is 12/31/2018. So, this contract is no longer binding ins 5 months and 7 days.
Regardless of the reasons, only the first year of his contract led to successful performances.
Do you really think New Balance is selling enough gear directly due to Berian to warrant this? I can guarantee I have not bought anything because of him, and none of my friends have even heard of him that wear New Balance clothing or shoes. Guess what? They aren't serious runners, so they don't pay attention to people like Boris Berian.
Since signing Boris Berian, I have also not seen a change in what my friends choose to run in or wear that are serious runners.
The point stands from earlier, purely from a results stand point, 2017 and 2018 are not going to warrant a continued $125,000 base salary. There are athletes getting just enough to barely get by on his recent performances.
Also, in regards to a latter post, no I am not envious of his financial situation. If he were an NBA basketball player, then maybe I could be envious, but I am not envious of his $125,000 a year prior to his agent's cut of that. Especially when you consider his overall financial status, I definitely would not trade places with him in a million years. I'd keep my portfolio and career over his any day of the week.