Tuesday, April 3, 2012

Reds Give All of Their Money to Joey Votto: INSIC Obtains Exclusive Contract Details

Joey Votto is now the richest person in Cincinnati. 
USA Today reported Monday that the Reds and Joey Votto have come to terms on a 10-year contract extension worth $225 million.

Its the fourth biggest contract in MLB history and will make the Votto the richest man in Cincinnati not named Carl Linder. And since Carl Linder isn't actually alive, Votto is in fact, the richest man in Cincinnati and probably all of Ohio.

To put Votto's $225 million contract in perspective, consider this: the entire Cincinnati Reds franchise is only worth $424 million, according to Forbes.

INSIC exclusively obtained a copy of Votto's contract and here's what the slugger will also receive, besides the $225 million:
Votto will have final say
on all Cincinnati Bengal
challenge calls. 

- Free Skyline chili for life. According to our insider, Gold Star balked at the free chili clause and was only willing to offer 50 percent off.

- The contract also clearly states that Votto now owns Over the Rhine. OTR was recently valued at $112, which means Votto's contract is actually worth $225,000,112, contrary to media reports which said $225,000,000.

-  Votto will receive free 98 Degrees CDs, courtesy of Nick Lachey. Lachey will also sing "Happy Birthday" to Votto on all even birthdays for the rest of Votto's life.

- Oktoberfest will be renamed Vottoberfest.

- Votto will have final say on all Marvin Lewis challenge calls during regular season Bengals games. Early projections suggest that with Votto's help, Marvin Lewis' challenge success rate should increase from zero percent last season to 99.8 percent this season.

- Kroger will pay Votto $5 for every box of Vott 'O's cereal sold. Since the box of cereal only costs $3.99, Kroger will be losing $1.01 for every box they sell. Also, Kroger is giving Votto a Kroger plus card, which could save Votto anywhere from $500 to $1000 per year depending on his grocery shopping habits.

Thanks to Kroger, 120 percent of all Vott'O's
Cereal sales will go to Joey Votto. 

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