Tag Archives: contract

NASA’s master plan – to create the next space airlines

The Commercial Crew Program is responsible for helping companies develop vehicles that can ferry astronauts, and maybe civilians, to space. Could this lead to a ‘spaceline’ industry, a la the airlines?

An interview with Ed Mango, manager of NASA’s Commercial Crew Program:

 

What’s the goal of the Commercial Crew Program?

We still have Americans in space. But we don’t have a way to get there. So the motivation for this small team I have is that we are the next organization within NASA that’s going to get American systems back into low Earth orbit.

Why is NASA relying on private companies instead of operating the flights itself?

It fits with what has happened in the past. Look at how the airlines got started: Air Mail was run by the government, totally. Then eventually, the government didn’t want to be the ones to own airplanes, own airfields, employ the pilots — all that kind of stuff. So they said, “We’re going to contract this out.”

That became cargo capability. And as time went on, companies said, “We can transport people, not just cargo.” Thus, the birth of the airlines.

 

Keep readingNASA encouraging spaceflight to go commercial

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Albert Pujols contract with the Angels includes money for marketing and a retirement job

From a report on mlb.com:

The deal, which was agreed upon on Dec. 8, is divided into three different agreements.

The player deal: a full no-trade clause with a base salary of $240 million through the 10 years (more details on this below).

The marketing deal: Pujols will be paid $3 million for accumulating 3,000 hits (he’s currently at 2,073) and $7 million for a record 763 home runs (he has 445).

Since it’s bonus money to account for the marketability of those milestones, that money will not go against the luxury tax ceiling, according to reports.

The post-retirement deal: Pujols’ contract also includes a 10-year personal-service agreement that kicks in either after the contract expires or after Pujols retires.

In it, Pujols will be paid $10 million ($1 million a year) and will serve, among other things, as a consultant to owner Arte Moreno. Details of what that role will entail are still pretty foggy.

Because it comes as post-retirement work, the $10 million of that deal also will not count towards the luxury tax.
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