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ESPN: Jamarcus Russell's contract is the worst contract in the history of sports
Posted on 10/25/12 at 5:14 pm
Posted on 10/25/12 at 5:14 pm
quote:
1. NFL: JaMarcus Russell, QB, Oakland Raiders
Guaranteed money: $39 million
As the No. 1 overall pick of the 2007 draft out of LSU, JaMarcus Russell was lucky to be drafted four years before the rookie wage scale kicked in. Russell turned into one of the biggest busts in NFL history, playing only 31 games and throwing for 18 touchdowns and 23 interceptions. What makes him a bigger flop is the ridiculous money -- $39 million collected for three years of doing nothing. Let's put this in perspective: It took Green Bay Packers quarterback Aaron Rodgers until November of last year to make $39 million. That's six-and-a-half years of decent work for what Russell basically stole.
LINK
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Posted on 10/25/12 at 5:15 pm to Bench McElroy
Racist
Posted on 10/25/12 at 5:23 pm to Bench McElroy
ok?
Ingram is working on one right now..
Ingram is working on one right now..
This post was edited on 10/25/12 at 5:24 pm
Posted on 10/25/12 at 5:24 pm to Bench McElroy
I agree it was an awful contract for Oakland, but JR didn't "steal" the money. Just shows that the NFL took way too long to figure out guaranteed money
Posted on 10/25/12 at 5:36 pm to The Easter Bunny
ESPN is wrong:
quote:
Nevertheless, starting on July 1, 2011, Bobby Bonilla will remain on the franchise's payroll for 25 years, collecting an annual salary of $1,193,248.20. Those are the terms the Mets agreed to Jan. 3, 2000, when they bought out the final year of Mr. Bonilla's contract.
Posted on 10/25/12 at 5:38 pm to Bho
Not Albert haynesworth 100 million dollar contract?
Or is this just out of the draft contracts?
Or is this just out of the draft contracts?
This post was edited on 10/25/12 at 5:39 pm
Posted on 10/25/12 at 5:39 pm to Bho
quote:
Bobby Bonilla
You beat me to it. Mets are retarded. But we knew that.
Posted on 10/25/12 at 5:48 pm to Bho
I like how the article describes Rodgers as putting in..."decent work."
Worst over-priced contracts for value?
Every WNBA player who makes the maximum salary:
$101,000
Worst over-priced contracts for value?
Every WNBA player who makes the maximum salary:
$101,000
Posted on 10/25/12 at 7:01 pm to Bench McElroy
Al Davis was an idiot for giving him that contract. Red flags should have gone up when Russell showed up at the combine overweight IMO.
Posted on 10/25/12 at 8:42 pm to Bho
Wait, explain bonilla's contract to me. I don't understand it
Posted on 10/25/12 at 8:53 pm to Bench McElroy
39 million? hell, he'll be broke before you know it.
Posted on 10/25/12 at 8:56 pm to Tactical1
quote:
Not Albert haynesworth 100 million dollar contract?
Should be Haynesworth by a lot. He started just 12 games for the Skins.
Posted on 10/25/12 at 9:05 pm to jojothetireguy
quote:
Wait, explain bonilla's contract to me. I don't understand it
It wasn't a bad deal for either side. The Mets owed him about 6 million in 2000 or 2001 and wanted to buy him out but they also didn't want to pay him right then because they didn't want it to hurt their salary cap that year. Instead they agreed to pay him the money, with interest, starting in 2011. It works out to like 1.2 mil for 25 years but all they did was invest the $5.9 mil they would have paid him in 2001 and they are using the principal and interest to pay him now. It was a win-win...not a bad deal at all for people who understand money.
Posted on 10/25/12 at 9:06 pm to Zamoro10
quote:
Every WNBA player who makes the maximum salary:
$101,000
That's wrong
Posted on 10/25/12 at 9:11 pm to lsu480
quote:
they didn't want it to hurt their salary cap that year
Baseball doesn't have a salary cap.
quote:
They are using principal and interest to pay him now.
Hope Bonilla's money wasn't invested with Bernie Madoff.
Posted on 10/25/12 at 9:19 pm to Bench McElroy
Is Jamarcus even attempting to get back in the league? He's only 27, not exactly over the hill yet.
Posted on 10/25/12 at 9:25 pm to lsu480
quote:
It was a win-win...not a bad deal at all for people who understand money.
His deal was terrible. The deferred money isn't the reason. Oh, and baseball doesn't have a cap, they have a luxury tax. People that understood baseball would know that.
Posted on 10/25/12 at 9:32 pm to lsu480
You didnt say what they invested in...
Bernie f'n Madoff...so they earned nothing and owe $25M
Bernie f'n Madoff...so they earned nothing and owe $25M
Posted on 10/25/12 at 9:37 pm to IceTiger
that ABA deal is insane
getting 1/7 of the NBA tv money 40 yrs after the league folded
getting 1/7 of the NBA tv money 40 yrs after the league folded
Posted on 10/25/12 at 9:39 pm to Bench McElroy
Where's Chizik
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