Cramer forgoes TheStreet.com salary for royalty payments

Talking Biz News
James Cramer has just signed a new three-year no-salary contract with TheStreet.com that pays him royalties based on the revenue derived from TheStreet.com’s Action Alerts PLUS subscription service that he authors. HIs 2010 salary, under the old contract, was $1.87 million, reports Chris Roush.

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