Wednesday, September 07, 2016

Reagan was paid $1 million for speeches in 1989

It appears the headline for the article went into hyperbole over the how much Reagan was paid for one speech, although the point about the value of a speech by an ex-president is valid. A common problem with headline writers.

Mark Cuban flattens Fox host over Clinton speaking fees: Reagan was paid $1 million one speech

Tom Boggioni
06 Sep 2016

illionaire Mark Cuban completely deflated Fox’s Neil Cavuto on Tuesday afternoon after the business news host complained about the speaking fees received by former President Bill Clinton that went to the Clinton Foundation.

After Cavuto questioned Clinton receiving $250,000 for a speech, Cuban set him straight about what the market pays for ex-presidents..

“Look. You have to ask yourself what’s the market for a former president giving a speech, right?” he lectured. “So first of all, Ronald Reagan was paid more than a million dollars for speeches in 1989. He went to Japan and gave two speeches. Second of all, Bill Clinton made, I think it was $250K give or take, for a lot of speeches. I’ve made $250K for a bunch of speeches. For the most part, he gets paid a little more than I do, but the point is he was right inside the market. He wasn’t getting paid more or less than the market.”


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