About Me 0091: Im Making Money

Yes, Beltre is the superior third baseman defensively. But that's like the Yankees resigning Mariano Rivera and then telling him they don't want him closing anymore. You just don't do that, especially to the face of your franchise, two times in two years.

This deal is going to come back to bite the Rangers in the butt, because the amount of money Beltre will be stealing from the organization isn't anything close to what he should earn for the down numbers he'll put up for the next few years. Beltre is a good player, but not $96 million good, and not when he's not motivated by a contract year.

Look back through his career. He's only ever once had a season that was as good, or better, than the one he put up for the Boston Red Sox in 2010, and that was his contract year in 2004 with the Los Angeles Dodgers, which was a monster year. Since then, he hasn't come anywhere close to those numbers, being a bust in Seattle when the Mariners decided to give him a try. He couldn't put up what he did in 2004, and he couldn't stay healthy.

He'll be 32 at the beginning of the 2011 season. That means he'll be getting to the point of "old for a ballplayer" in the final couple years of his contract. And with age comes slower bat speed and lower numbers at the plate. Since when is it smart to pay a 37-year-old third baseman $18 million?

While this move will improve the Rangers if Beltre can stay healthy, it's going to cost them way too much than what the man is worth on the diamond. For the sake of the organization and it's fans, I hope I'm wrong, but I've had a bad feeling about Beltre since the beginning of the off-season, and for whatever team it was that decided to give him the $90 million-plus that he wanted.

The Middle East’s largest online auction and buying site has decided auctions are so last decade.

From the beginning of 2011 sellers won’t get the option to sell their products in an auction. It’s fixed price, or none at all.

The decision comes as a shock to many as Souq.com, which opened its doors to the public in 2005 and has since launched in 5 countries in the region, has always been portrayed as the eBay of the Middle East. At least in terms of online auctions, not anymore.

“We (and most of our sellers) want to offer the best online shopping experience to users in the region, and this is one step along the way to support this goal.” said CEO and Founder of Souq.com Ronaldo Mouchawar in an email about the recent shift.

This change, as most in life, will have its supporters and detractors. The good thing is, it looks like a only slim minority might end up annoyed.

To illustrate the above, lets say you’re a painter and you work from home during your spare time. I’m one of those who believe art has no price, but since it’s good to have paint to create priceless masterpieces, putting the occasional price tag on your work isn’t entirely evil. The only problem with that is how do you put a price tag on art in the first place? Van Gough considered giving money for art is as important as being an artist yourself. That’s where auctions come in strong.

By putting up a painting to sell through an auction, the seller allows the highest bidder to give her as much it takes to win the auction, or otherwise ask to ‘Buy Now’ according to a price the seller sets. Will this shift be good for those who realistically don’t know how much their work is worth? I would say no.

On the flip-side regional retail stores tend to invest large amounts of money to put their products online on their own, and usually fail miserably. Many factors come into play, but the most obvious are a large user base and an easy to use website to buy from.

This encouraged Souq.com to build a platform for merchants and retail stores to offer their products on Souq through fixed prices (almost all the time), and through Souq Stores which are customizable online outlets for retailers such as UAE’s
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Thursday, January 6, 2011

Im Making Money

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