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![]() contract talks w/ manley have stalled... gee, i wonder why?!
this from t'bred times: If hired as national manager, Manley has agreed to loan the Guild $500,000 to help pay debts, in exchange for a percentage of Guild revenue. When the Guild decided on June 26 to hire Manley, Velazquez understood that revenue percentage to be 5%, apparently for the length of the contract. Manley since has increased his asking price to 20% over a ten-year term, although his actual contract would not necessarily extend a decade. Manley confirmed those demands on Friday. 20%?! why would the guild manager deserve 1/5th?? that is outrageous. almost as outrageous as his hiring to begin with. an agent and rare coin collector. how does that qualify him for this post?
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