May 28, 2007

Markov gets what he deserves.

This discussion depends on your opinion on how fast NHL revenues will grow. I will assume they will grow at about 5% (2% inflation, 2% population, 1% actual growth).

Markov signed a $23-million (U.S.), four-year deal with the Canadiens on Monday.

This is the exact figure I predicted (based on the 5%). I don't know the exact payment structure (to the exact day) so it is technically impossible to truly pin down the value, but certainly it amounts to something very close to my number.

That is to say the present value of four payments of $5.75 million is about $20.38 million, divide by 4 and you get $5.1 million, which as a matter of fact is identical to the number on my website.

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