1. Gareth Bale

2. Highlight Reel

3. That Goal…

4. Soccer In a nutshell No salary cap
Teams with more money can buy (not trade) players
Rich teams do better… they get better players
Real Madrid is one of the richest teams in soccer
Tottenham Hotspur, although brave and loyal and true, are dirt poor by comparison

5. Bale Stats 2012-13 Season: 26 Goals in 44 Games
Named PFA Young Player of the Year, PFA Player of the Year, and the Football Writers Association Player of the Year
Other, richer clubs were interested in Bale

6. So, What do you do?
Sell
Not Sell

7. The Transfer
Bale was sold in August 2013 for a world-record transfer fee of 85.3 million British pounds
Spurs bought seven players with the money

8. Vocabulary
Opportunity Cost
cost of the next best alternative when one choice is made rather than the other
Trade-Off
alternatives that must be given up when one is chosen rather than another

9. Vocabulary (2)
Cost-Benefit Analysis
way of thinking that compares the cost of an action to its benefits

10. What’s the key difference between these two things?
Vocabulary
Utility
worth of a good or service as determined by the market
Value
ability or capacity of a good or service to be useful to someone
What’s the key difference between these two things?