New Balance has him currently on that $125,000 contract that runs up at the end of this year, and that has to be one of the highest paying mid to long distance contracts in the United States. Even with his recent 1:45.73, that wouldn't be considered that impressive for college kids nowadays.
What do the experts here know/think will happen to hos contract?
After multiple VERY lackluster years, will Boris Berian get cut or reduced from $125,000 after his contract this year?
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He'll probably move to Hoka and start doing trail runs.
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I was one of the few who said Berian was a fluke when all of Letsrun was praising him.
Now I have the last laugh. -
He had a torn achilles last year that sidelined him. Consequently he didn't race for a year and a half. This is coming off his indoor world indoor title and making it to the Rio oly. final. He's just now getting to the point where he can race comfortably. He'll be back to form soon. He's still young and relatively inexperienced as a pro, and not racing for that long takes some time to come back.
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Genuinely Curious wrote:
New Balance has him currently on that $125,000 contract that runs up at the end of this year, and that has to be one of the highest paying mid to long distance contracts in the United States. Even with his recent 1:45.73, that wouldn't be considered that impressive for college kids nowadays.
What do the experts here know/think will happen to hos contract?
Besides 2017, which year or years was or were lackluster? He made the Olympic Final in the Men's 800m in 2016 and earlier that year won the Indoor WC. -
Berian's contract was for 150K annually for 3 years, which was a guaranteed minimum. The part about the contract not having any reduction clauses is what allowed him to continue running for NB when Nike filed suit to stop him.
And, he's going to be just fine. -
Do you complain about the salary of everyone (coworkers, boss, garbage man...)? What's it to you? You think no one should be able to make a living in sport if they get injured? What about the NBA stars that collect millions sitting on the bench all year?
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sbeefyk2 wrote:
I was one of the few who said Berian was a fluke when all of Letsrun was praising him.
Now I have the last laugh.
He's not a fluke he has had serious calf issues.
He was a moron and chose to run through a calf tear in 2016 to try and make the Olympics. That caused him serious lasting damage.
He has the talent and he will be back. Boris is a 1:42 guy fit. Maybe faster. -
who gets what
Brazier
Widdle
Sowinski
Murphy -
Chef Garde Manger likes cold facts wrote:
who gets what
Brazier
Widdle
Sowinski
Murphy
averaged out guaranteed money
30ooo-40ooo -
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. -
It's not as if the US runs a faux police force with track & field athletes as other nations. You seem bitter. There are, I am sure others at New Balance who are for less productive earning $125,000/yr. or more. You say you earn more than $125,000/yr. Let's review your productivity. Maybe you do not deserve your $125,000 salary?
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This has got to be a Nike troll right?
Everyone heard about Boris Berian in 2016. If you're not a troll then it sounds like you don't know very much about marketing or brand recognition. -
Genuinely Curious wrote:
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.
I have switched my uniform: from McDonald's to Burger King -
Did my total income from all sources over the last year exceed Berian's income? Yes. And I am only 2 years older than him, and I will admit the other sources are mostly dividends from equity in private companies that my parents gave to me. The vast majority of my portfolio was waiting for me when I graduated college. I have no problem admitting I am a "trust fund baby" I do not have any desire to swap places, and after track and field, companies don't hire off of your 800m PR.
What does irritate me, is that a guy like Erik Sowinski probably has a much worse contract than Boris Berian, but is far more consistent year to year and has consistently performed at a high level over the years.
These are the season bests of Erik's past 6 seasons:
2018 1:45.07
2017 1:44.66
2016 1:45.35
2015 1:44.84
2014 1:44.58
2013 1:45.21
Greatest variation from fastest to slowest season best: .77 seconds.
Berian's last 3 seasons:
2018 1:45.72
2017 1:50.17
2016 1:44.20
Greatest variation from fastest to slowest season best: 5.97 seconds. I didn't include prior seasons, to give him the benefit of the doubt as he was developing at a younger age. -
What do the experts here know/think will happen to hos contract?
Experts? Here? -
That’s why you have reductions. Nike dodged a bullet here.
Murphy was a much better choice. -
You are dumb. What is the point of arguing that so-and-so is making too much money? Some may be, but most are making too little in the sport compared to other sports. Do you want less money in the sport?
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Bcvdhvhfxvxb wrote:
That’s why you have reductions. Nike dodged a bullet here.
Actually, it's Berian who dodged the bullet. Nike would have been able to cut its loses; NB is on the hook for the whole amount. -
Considering the season isn't over yet, Berian still has time to improve on his 2018 best. The guy had one off year due to injury. Ease up. Maybe NB will offer less, maybe they will offer the same, or make no offer at all. Just because the OP nor anyone he knows haven't been influenced to buy NB gear because of Berian doesn't mean nobody has. This has been debated, what Nike and other companies spend on sponsoring athletes (at least pro runners) probably has very little effect on their bottom line. When Centro won gold I highly doubt Nike running shoe sales significantly increased. My understanding that is that Nike's market share in the running shoe/trainer market has been slowly eroding over the past several years. As one poster put it in the past, shoe company sponsorships are a form of charity and public relations. I would love to see a study that showed sponsoring a certain runner led to a huge uptick in sales, at least for Nike, Adidas, etc. I am pretty sure Skechers sponsoring Meb made a difference in their running shoe sales. I know it happened for Jordan, LeBron, etc. but pro basketball has a much larger fan base.
