(I disagree with the downvotes here - this is a reasonable position if you have no context) In practice, non-competes that pay out 200k+/yr are quite common in

(I disagree with the downvotes here - this is a reasonable position if you have no context) In practice, non-competes that pay out 200k+/yr are quite common in finance (think firms like 2 sigma, Jane Street). They will pay to keep people from going to competitors, mainly to keep their strategies and implementation details reasonably protected.