Suppose your boss offered you a hefty raise tomorrow that would take effect starting next July. Good news, right? I'd say so. Now suppose you knew you could earn an extra 11 percent to do the same job at the same place if you waited until July to actually sign on the dotted line.
Would you take the offer now, or wait it out?
Now, what if you also knew you could secure an additional year of guaranteed employment from another company at an annual rate 18 percent higher than your boss' original offer. Would you make the jump? What if I told you that raise and the extra year amounted to 26 million?
Can you see James Harden's dilemma?
Harden, the Houston Rockets' new star shooting guard, has caught unending flak from spurned fans who labeled him a traitor for turning down a supporting role in Oklahoma City for a significantly more lucrative opportunity to be a star in the Lone Star State this week. But from a financial standpoint, it's hard to come up with a reason for him to have s...