Merry Christmas!

Just want to say "A Merry Christmas & A Happy New Year!"

One more to go

well, I usually write about anything related with business stuff, but today is special.
I don't know what is so special about....:P
anyway, I've been taking so many tests these days.... I've had enough tests already....
well, one more for tomorrow, and that's it.
I didn't feel anything so hard of taking 7 classes through this semester, but now I feel it is so hard....
basically I don't have time to study for each final, or even though I have time to study, I don't feel like studying....
well, this time, I'm totally depending on my talent....
although I don't have any.....

one more to go. I can do it.....

Professional athletes trading

The other day, Boston Red Sox got the right to negotiate with Daisuke Matuzaka (Seibu Lions), who is currently the best pitcher in Japan.
To get this negotiating right, Boston Red Sox has to pay approximately 51million US dollars to Seibu Lions.
51 mil is one tenth of Japan-US trade profit.
of course, this money needs to be entered in the company's book.
but how?
one way of entry is treating the right as intangible asset.
however, the monopoly negotiating right is prohibited to trade by Japan- US player law.
besides, this might bring us ethical issue that the company is treating the players as intangible asset.
but players are not goods, they are humanbeings.

usually this is not a big problem because even though players tradings held, the amount of money move is tribial to companies account.

well, let's see how japanese company decides to make entry it.
Yahoo!ニュース - ロイター - 日本人選手の大リーグ移籍、対米黒字の�