Manipulated Mike: 0-2 at the negotiation table.

#201
#201
govolsman said:
Value (economics), in economics, the worth of a commodity or service measured against other commodities or services. The term generally refers to the total money revenue, or price, for which an item will sell. The value of any object in the marketplace is determined by desirability and scarcity. Anything that is both desirable and scarce, such as a diamond, can command power in the exchange ratio—that is, it can be exchanged for an item of equal or greater worth. A distinction is usually made between market value and normal, or natural, value. Market value is the purchasing power of a commodity in the open market on a given day; normal value is the value that would prevail if competitive forces worked without friction. Market value may also be referred to as the exchange price of a commodity, and natural value as the just price.


Value (economics) - MSN Encarta

So market value is based on the open market, not on something that is off the maket. If I have a house that I bought in 2000 for 500k and I, as a seller, can expect to get 750K for it now, the market value is 750K. If Pearl is currently uder contract for 1.7 million, but can expect to get 3 million (which he could have), then his market value is probably in the range of 2.3 to 2.7 million, given that the one buyer was desperate. But his value to TENNESSEE may be different.
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That was some serious mental gymnastics to accomplish nothing.
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#204
#204
BigPapaVol said:
While yours is unfathomably insightful, there is no way to reasonably construe that an offer is indicative of value. Market value on something not recently bought is pure conjecture. Maybe the idiocy of the appraisers that lent to our current housing debacle will help you understand the absurdity of your market value argument.
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Yes there is. Market value is hypothetical, by definition.

Look this up in a book. Or just google it.
 
#205
#205
kidbourbon said:
Yes there is. Market value is hypothetical, by definition.

Look this up in a book. Or just google it.
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So you're now supporting Lexvol's point, period. Market value is established with signatures and coins, all else is simply hypothetical.

Hypothetically speaking, UT spanks Wyoming last season.
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#210
#210
Resigned too soon. What if next year is as bad as this year was? We tied for first in a weak SEC East. Whoopee!!!!
 
#211
#211
BigPapaVol said:
So you're now supporting Lexvol's point, period. Market value is established with signatures and coins, all else is simply hypothetical.

Hypothetically speaking, UT spanks Wyoming last season.
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No, I'm not supporting Lexvol's point in any way. I'm stating the opposite. Please read the posts.
 
#212
#212
kidbourbon said:
No, I'm not supporting Lexvol's point in any way. I'm stating the opposite. Please read the posts.
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His point was that it's all hypothetical until someone pays, even after a twelve million dollar offer. You were brilliantly trying to refute his point that this ghost offer for Pearl does nit a "market value". I said that was garbage and you ran off to google for market value definition. In the meantime, how is that market value for your house?
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#213
#213
I don't think Memphis ever oferred 3.5, and I don't think Bruce will ever be a 3 million dollar coach. Hopefully he will prove me wrong as early as next season.
 
#214
#214
BigPapaVol said:
His point was that it's all hypothetical until someone pays, even after a twelve million dollar offer. You were brilliantly trying to refute his point that this ghost offer for Pearl does nit a "market value". I said that was garbage and you ran off to google for market value definition. In the meantime, how is that market value for your house?
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I ran off to Atlantic City for the weekend...the definition of market value I was familiar with.

Renting out the house. Being a landlord is sort of a pain, but I can't complain about the tax breaks.
 
#215
#215
Lexvol said:
I don't think Memphis ever oferred 3.5, and I don't think Bruce will ever be a 3 million dollar coach. Hopefully he will prove me wrong as early as next season.
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Fair enough. But what if we were to assume, just for the sake of argument, that there was in fact a 3mill+ offer on the table. Do you think that BP's market value is greater than or equal to the contract he just signed with UT?
 
#216
#216
Perhaps you don't realize all he has done for the Tennessee Basketball Program, i mean getting us our first #1 rank in history and how he has really brought a lot of attention to our basketball program. I say he probably deserved a little raise considering how because of him their is more money in the program
 
#217
#217
kidbourbon said:
Fair enough. But what if we were to assume, just for the sake of argument, that there was in fact a 3mill+ offer on the table. Do you think that BP's market value is greater than or equal to the contract he just signed with UT?
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Equal to. No need to argue. Your objection is noted.
 
#219
#219
SamRebel35 said:
If you had one year at your job where your production was a little sub par while the first three years were exceptional, and you were being beckoned by other companies for your service, wouldn't it make sense for your boss to offer you a little bit more incentive to stay so that he and the company could reap the benefits of your future efforts?
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Yes, but what you are calling sub par..... I think Jerry Green had 26 wins once, but no other UT coach has had exceeded 22 wins in a season besides Green and Pearl.
 
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