|||Contract Value|Term|annual salary|
|:-|:-|:-|:-|:-|
|**Shohei Ohtani**|Baseball|$700m|10y|$70m|
|**Nikola Jokić**|Basketball|$276m|5y|$55m|
|**Kylian Mbappé**|Soccer|$250m|5y|$50m|
|**Patrick Mahomes**|Football|$450m|10y|$45m|
These players could get the same salaries from a number of teams. If anything, their true value is **higher**, as these salaries are often constrained by salary-cap rules that don't exist outside of sports.
Now, imagine a free-agent market for executives. There would be no bidding wars for **Jen Wong** or **Drew Vollero**, as there are thousands of executives like them available at all times. Jen Wong and Drew Vollero would get paid a $500,000 base salary and up to $2M in options. That's their market value. Jen Wong got that from her most recent employer, Time Inc., which fired her after revenue declined from $3B to $2.5B; and Drew Vollero got that from a company providing security for buildings.
||Market Value|annual salary|
|:-|:-|:-|
|Reddit Executives (Wong, Vollero)|up to $2.5m|up to $250m|
However, for no reason other than robbing shareholders, at Reddit they are now paid up to 100x their market value in the most precious asset any company has: its shares.
**JEN WONG IS PAID THE COMBINED SALARIES OF OHTANI, JOKIC, MBAPPE, MAHOMES.** let this sink in. There are certainly other companies with similar issues, but Reddit probaly has the most overpaid executives of them all right now.
Reddit is a freak show, a farce, a scam. Call it whatever you want. But don't expect the stock to go up anymore with this kind of executive SBC scheme.