Koya
Footballguy
So, we all talk about negotiating and trade strategies in fantasy football. Currently, going through my own negotiation with my company, as we have significant new investors coming in.
Unfortunately, our side of the coin had little leverage. We are on the verge of "almost" assuredly making a killing (real estate development, been working for between 3-5 years on two huge projects, as in Billions in development combined, that are breaking ground this coming year). Unfortunately, we were going to perhaps go under before we got there without the additional investment (which is primarily to be utilized for growth capital long term).
Long story short, I have an employment agreement in front of me that, honestly, is a bit absurd and very over reaching. That said, it's a significant bump in salary (like a 40% increase - not Chet world, but maybe on the heels of Otis-land), but I need to put equity that has already been earned back at risk, although with a provision to gain more equity in the end for that risk. But really not a fan of a lot of provision.
ANYHOO - I had to determine how to get a couple key clauses changed because, due to my health, I had not been intricately involved in the actual negotiations, and my team really did not, imo, quite do justice to my comments and concerns (though I begged them to have me look at it first, have my atty review blah blah). I had been given essentially a take it or leave it, from which I at least can get SOME wiggle room. But had to be very strategic about how to do so.
It's not that different than a fantasy deal in terms of the posturing, red herrings and all. Dare I say, years of trading in FF actually has come into play here quite a lot so I can at least get the bare minimum to feel comfortable going forward, and FF trading has helped me out in other negotiations in the past. Curious if anyone else has had a similar situation. It's one thing to get pissed because you either asked for too much and lose out on a trade because you get greedy, or pull the trigger and in doing so send Chris Ivory and Big Ben for C Anderson and Luck and then realize... ####.
It's a whole other thing when that brinksmanship may mean walking away from a place you've hung your hat for 10 years or signing a doc that may tie you up in the future.
Unfortunately, our side of the coin had little leverage. We are on the verge of "almost" assuredly making a killing (real estate development, been working for between 3-5 years on two huge projects, as in Billions in development combined, that are breaking ground this coming year). Unfortunately, we were going to perhaps go under before we got there without the additional investment (which is primarily to be utilized for growth capital long term).
Long story short, I have an employment agreement in front of me that, honestly, is a bit absurd and very over reaching. That said, it's a significant bump in salary (like a 40% increase - not Chet world, but maybe on the heels of Otis-land), but I need to put equity that has already been earned back at risk, although with a provision to gain more equity in the end for that risk. But really not a fan of a lot of provision.
ANYHOO - I had to determine how to get a couple key clauses changed because, due to my health, I had not been intricately involved in the actual negotiations, and my team really did not, imo, quite do justice to my comments and concerns (though I begged them to have me look at it first, have my atty review blah blah). I had been given essentially a take it or leave it, from which I at least can get SOME wiggle room. But had to be very strategic about how to do so.
It's not that different than a fantasy deal in terms of the posturing, red herrings and all. Dare I say, years of trading in FF actually has come into play here quite a lot so I can at least get the bare minimum to feel comfortable going forward, and FF trading has helped me out in other negotiations in the past. Curious if anyone else has had a similar situation. It's one thing to get pissed because you either asked for too much and lose out on a trade because you get greedy, or pull the trigger and in doing so send Chris Ivory and Big Ben for C Anderson and Luck and then realize... ####.
It's a whole other thing when that brinksmanship may mean walking away from a place you've hung your hat for 10 years or signing a doc that may tie you up in the future.
