How much money does Tinker Hatfield make?

Originally Posted by pixelhead

Whats his current title? Is he a VP? I don't know where this royalties idea came from but this ain't the record biz. The money ain't in the royalties anyway. It's in the stock. I've worked as an industrial designer in a parallel field to Tinker's. He's on salary low six figs probably, but I'm sure he has a tons of stock, and a ton of perks. He has done well I'm sure... however...

He is important to Nike, but he's not on the insider trading list:

http://finance.yahoo.com/q/it?s=NKEhttp://finance.yahoo.com/q/it?s=NKE

On top of that this article points out even the top execs aren't all that highly (cash) compensated (so one can assume he, even less so):

http://www.bizjournals.com/portland/stories/2002/05/06/focus7.htmlhttp://www.bizjournals.co...es/2002/05/06/focus7.html

SO while he may be the GOAT Nike employee to us, he's not even on Wallstreet's radar as far as Nike execs go.

However, the man has a job he loves, THAT MANY IF NOT ALL OF US WOULD GLADLY DO FOR FREE where he should be pretty confident he's benchmark for his profession, and he know his ideas have changed the way shoes are made. You can't put a price on that. For most people after the first $100k or so you are doing what you do for ego and satisfaction. Nike looks to be more about the glory than the cash.

Finally, something to keep in mind for all you high schoolers on the board, and not to crush the dreams, but the more "fun" a job is (and this relates to us doing the job for free) the less you are going to get paid. This has a ring of truth even at Tinker's level. He has a freaking awesome job. The line of guys beating on Nike's door to be the next Tinker is a mile long. Now notice he is not on the insider trading "big money" list. Those are mostly beancounters. Nobody lines up for those jobs. The more people who want your job the less you'll get paid:

If you want to make money, you tend to be forced to work on problems that are too nasty for anyone to solve for free.

All makers face this problem. Prices are determined by supply and demand, and there is just not as much demand for things that are fun to work on as there is for things that solve the mundane problems of individual customers. Acting in off-Broadway plays just doesn't pay as well as wearing a gorilla suit in someone's booth at a trade show. Writing novels doesn't pay as well as writing ad copy for garbage disposals. And hacking programming languages doesn't pay as well as figuring out how to connect some company's legacy database to their Web server.

-paul graham

Add to that designing sneakers doesn't pay as well as counting beans (or more accuratly designing elderly toilets). Incidentaly, the architecture thing? The "rich" architects are the ones who pump out tons of hospitals and schools. Not fun, and you never heard of them, but they're rich.

If you want to be (cash) rich be a bean counter. If you want to be happy be a designer.



I LOVE THE WAY YOU FINISHED OFF WITH THE LAST LINE.....
 
Originally Posted by rocman23

One Hundred Billion Dollars
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i can't imagine he made the insane amount of money some people are thinking. im sure he got paid well to keep him away from other companies, and he musthave received some nice bonuses for the designs he put out. but people don't want to pay you for something you love doing.
 
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