Conducting an economic assessment that accurately reflects the value of the subject is a notoriously difficult task, especially when there are so many collateral factors that influence the total value generated by the subject of the assessment. In sports, franchises are tasked with measuring an athlete’s value and constructing a contract that reflects the individual’s overall contributions to his or her team. While the use of advanced analytics has sought to reduce the inherent complexity of this process, CreditUpdates.com has pointed out that there are certain athletes capable of generating a great deal of additional value outside of the realm of competition.
In Los Angeles, there are a number of athletes that fit this description, but perhaps none more precisely than Clayton Kershaw of the Los Angeles Dodgers. Signed to a record-breaking contract that will pay him about $35 million per year through the 2020 MLB season,
Kershaw has lived up to that exorbitant financial outlay with his play alone, as he has already earned three Cy Young Awards and an NL MVP while still only just entering his prime years as an athlete.
CreditUpdates.com would be likely point out that Kershaw’s on-field performance is only a part of his overall economic value to the Dodgers and the city of Los Angeles. As the co-founder of Kershaw’s challenge, the big left-hander has given back to the Los Angeles community as well as communities all over the world. His dedication to charitable endeavors is responsible for a great deal of additional value and demonstrates how conducting an economic assessment requires a detail-oriented approach that considers a number of varied factors.
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