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Player fires agent over losing 2million. UPDATED in OP
Posted on 7/26/13 at 5:58 am
Posted on 7/26/13 at 5:58 am
quote:
49ers cornerback Tarell Brown indicated Thursday that he has fired agent Brian Overstreet after losing a $2 million salary bump for 2013 by not taking part in the club’s offseason workouts.
“That’s what agents get paid to do — to orchestrate the contract and let you know what you can and can’t do as far as workouts, OTAs, things of that sort,” Brown said Thursday of Overstreet, according to the San Francisco Chronicle. “That’s what he got paid to do. He didn’t do that. So, in my opinion, you have to be let go. We all are held accountable for our actions and it’s just part of the business.”
quote:
Per the Chronicle, Brown — who told reporters he found out about the salary loss via Twitter — indicated he was thinking about his compensation reduction while practicing on Thursday.
quote:
“It definitely was hard to concentrate just because my mind was somewhere else,” Brown said, according to the Chronicle. “But this is a business. And I understand that. And I have a job to do. The 49ers are paying me to do a job. I have to come out here, regardless of what’s going on off the field, personal or financial.”
quote:
Technically, it wasn’t a workout bonus. Brown’s salary hinged on participation in the offseason workouts. By failing to show, his base pay drops from $2.925 million to $925,000.
quote:
The buzz in league circles is that Brown wasn’t aware of the amount of cash hinging on his participation in offseason workouts. On one hand, he signed the contract — and arguably he should have read it. On the other hand, his agent (who has a clear incentive to see Brown maximize his compensation) may have failed to explain it to Brown.
UPDATE:
quote:
Lost in the notion that Brown lost $2 million by not showing up for offseason workouts is the reality that, per a league source, Brown triggered the $2 million escalator by participating in more than 80 percent of the snaps in 2011 and 2012.
quote:
So the clause didn’t expressly hinge $2 million on Brown showing up for 2013 offseason workouts. The key factors were playing time in 2011 and 2012. Brown met them.
Granted, he didn’t show up for offseason workouts, which allowed the Niners to taketh away that which they had given. Eth.
LINK
This post was edited on 8/5/13 at 2:14 pm
21
Posted on 7/26/13 at 6:00 am to tduecen
poor guy
Posted on 7/26/13 at 6:11 am to tduecen
I guess he can't go back and fire his elementary school reading teacher. Because, you know, HE signed the contract.
Posted on 7/26/13 at 6:25 am to tduecen
He probably should know about the workout incentives himself. But I have no problem with him firing his agent over this. $2 million is a big chunk of dough, even in California.
Posted on 7/26/13 at 6:28 am to tduecen
San Fran gained 2m in cap room because of this as well
Posted on 7/26/13 at 6:29 am to tduecen
Both the player and agent are dumbasses
Posted on 7/26/13 at 7:44 am to tduecen
if I only worked half of the year and I was actually competitive and wanted my team to win, I think I might show up for workouts.
Posted on 7/26/13 at 8:50 am to tduecen
AGent deserves to be fired.
Posted on 7/26/13 at 8:51 am to tduecen
He skips out on his job, loses money, blames someone else. Sounds like Murica to me.
Posted on 7/26/13 at 8:59 am to tduecen
I think it is a hell of a lot bigger than saying he lost out on $2M. He lost out on around 2/3rds of his salary for the year.
Posted on 7/26/13 at 9:01 am to tduecen
I'd be interested in hearing what the agent has to say. Did he in fact let his client know, but is being the fall guy here? Or was the firing justified?
Posted on 7/26/13 at 9:04 am to tduecen
I know I'll be the only one or close to it, but I give the player zero responsibility here and the agent 100%.
IMO it is absurd to think a player should know all of the details of his contract. These contracts are like novels with a million different provisions.
This is basically the exact reason he pays the agent, for the agent to know these types of things.
IMO it is absurd to think a player should know all of the details of his contract. These contracts are like novels with a million different provisions.
This is basically the exact reason he pays the agent, for the agent to know these types of things.
Posted on 7/26/13 at 9:12 am to tduecen
quote:
We all are held accountable for our actions and it’s just part of the business
So this guy doesn't go to his workouts and it is his agent's fault?
Posted on 7/26/13 at 10:25 am to tduecen
Maybe you should take OTA's a little more seriously. This is ridiculous. OTA's come and go and at no point did you even take the effort to figure out whether you should go or not? Sounds like a great teammate.
Posted on 7/26/13 at 10:52 am to tduecen
Why was he not going to workouts?
Posted on 7/26/13 at 11:29 am to tduecen
quote:
By failing to show, his base pay drops from $2.925 million to $925,000.
That is fricked up. I know, a contract is a contract, but if the 49ers want this guy happy and playing his best they should probably meet him in the middle with the money. If he was a good employee that is what I would do. If he was an excellent employee I would give him the full amount,
Posted on 7/26/13 at 12:10 pm to tduecen
Any regular working stiff who got a chance to play in the NFL, would go to every camp, workout, everything. You're still only working half the year. Dope.
Posted on 7/26/13 at 1:17 pm to tduecen
A girl I went to HS with married an NFL player-nobody famous, just a journeyman lineman, but he stuck around quite a while. He lost a ton of money due to bad investments with a con artist and had to keep playing a lot longer than he wanted to.
Posted on 7/26/13 at 4:13 pm to tduecen
quote:
Technically, it wasn’t a workout bonus. Brown’s salary hinged on participation in the offseason workouts. By failing to show, his base pay drops from $2.925 million to $925,000.
DAMN.
Posted on 7/26/13 at 4:17 pm to tduecen
Solution to this problem?
Go to your fricking OTA's.
But it is the agent's responsibility to ensure that the player knows his responsibilities.
Go to your fricking OTA's.
But it is the agent's responsibility to ensure that the player knows his responsibilities.
This post was edited on 7/26/13 at 4:22 pm
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