Mark Cuban Explains Speaking Fees To FOX News

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

Tom Boggioni
06 SEP, 2016
RawStory

Billionaire Mark Cuban completely deflated Fox’s Neil Cavuto (aka: "Kermit the Fraud") 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.”

When Cavuto attempted to make the case that Clinton received the money — that actually went to the Clinton Foundation — as part of a “pay for play” scheme, Cuban knocked that down too.

“In order to determine if there is any quid pro quo, there’s got to be some money destined for the trade-off,” Cuban said, before interrupting Cavuto’s claim that it looks suspicious, saying, “But Neil, they’ve been investigated more than anybody.”

 

Problem - It works out to ~$60,000 a speech quoted from your reference. i.e. about 30 per year totaling $1.8M

In a bit more than two hours, Reagan has earned his private-sector speech price of $50,000 (no charge to charities or schools), less a commission of about 20% to his lecture agents, Washington Speakers Bureau Inc. At sunny resorts from Palm Springs to the Bahamas, where he spent his birthday Feb. 6 as a luncheon speaker for Sara Lee Corp., Reagan does "a couple or three a month" of these unpublicized Fortune 500 appearances, Weinberg says. Reagan is grossing as much as $1.8 million a year from this source alone.

 

I couldn't care less how much the Sleazy Clintons make from speeches. Hillary's "pay-to-play" scheming has recently been uncovered and needs to be fully investigated. Now, THAT I have a problem with...