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re: Patrick Peterson fires agent, on verge of becoming NFL's highest paid defender

Posted on 11/27/13 at 10:32 pm to
Posted by iliveinabox
in a box
Member since Aug 2011
24115 posts
Posted on 11/27/13 at 10:32 pm to
D.b.u.
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141386 posts
Posted on 11/27/13 at 10:35 pm to
quote:

Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.

In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.
When Cary Grant became a big Hollywood star, he did this as well. However that didn't eliminate the agent system in Hollywood -- in fact, it only became bigger and stronger. Eventually in the '50s an agency (MCA) would end up buying a studio (Universal).

The fact is most people, and perhaps almost all pro athletes, are simply not qualified to deal with complex financial decisions, and need expert representation. The Ricky Williams contract proves that.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83922 posts
Posted on 11/27/13 at 10:35 pm to
People tell me I look like Cary Grant.
This post was edited on 11/27/13 at 10:36 pm
Posted by SpartyGator
Detroit Lions fan
Member since Oct 2011
75313 posts
Posted on 11/27/13 at 10:37 pm to
no
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141386 posts
Posted on 11/27/13 at 10:37 pm to
quote:

People tell me I look like Cary Grant
he was bi
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83922 posts
Posted on 11/27/13 at 10:38 pm to
quote:

he was bi


Thank goodness they didn't say I acted like him then.
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141386 posts
Posted on 11/27/13 at 10:46 pm to
quote:

quote:

he was bi
Thank goodness they didn't say I acted like him then.
you seem defensive
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83922 posts
Posted on 11/27/13 at 10:47 pm to
JUST BACK OFF, OKAY!?!?!?!!!!!!
Posted by LSUintheNW
At your mom’s house
Member since Aug 2009
35746 posts
Posted on 11/27/13 at 10:48 pm to
quote:

Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.

In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.


Jamie Moyer didn't have an agent. He did alright.
Posted by Smokedawg
Finding Lennay Kekua
Member since Dec 2008
5401 posts
Posted on 11/27/13 at 10:52 pm to
Carl Edwards doesn't have an agent. He just negotiated a big contract last year with Ford and Roush Fenway racing
Posted by shel311
McKinney, Texas
Member since Aug 2004
110477 posts
Posted on 11/27/13 at 11:45 pm to
quote:

Agents are completely unnecessary. 
So who would do all the stuff that the agent does for the player?
Posted by mattz1122
Member since Oct 2007
52720 posts
Posted on 11/27/13 at 11:47 pm to
Their uncles or rappers.
Posted by crimsonsaint
Member since Nov 2009
37241 posts
Posted on 11/28/13 at 12:37 am to
quote:

Agents are completely unnecessary.


Yeah all of those one and done 17-18 year old geniuses coming through Kentucky can negotiate their own multi-million dollar contracts.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
420796 posts
Posted on 11/28/13 at 12:51 am to
quote:

Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.

In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.

well NBA contracts are relatively simple. NFL contracts are much more complex
Posted by wildtigercat93
Member since Jul 2011
112179 posts
Posted on 11/28/13 at 1:06 am to
Id love to see guys that can barely handle their own money for 5 years before going broke, try and handle the finer points of contract negotiations

The lawyers and such at NFL front offices would have a field day giving these players backloaded contracts with Bloated contract numbers that the players would never see in their entire lives and the players wouldnt know it until they get that pink slip in the locker


"Hey guy, were offering you a deal for 6 years and 64 million. Now youre only going to make about 2 million per year for the first 3 years of the contract but youll be making like 20 plus million a year for the rest of the contract.....if you hit these (unattainable) escalators and we dont decide to cut you at no cost because that money is not guaranteed for the most part.....arent you glad you didnt pay 4 percent to some agent??"


"Hell yeahh im getting 64 million!!!!1"
This post was edited on 11/28/13 at 1:07 am
Posted by FootballNostradamus
Member since Nov 2009
20509 posts
Posted on 11/28/13 at 1:08 am to
quote:

Retards will be in here to try and rip his cover skills, but he's a playmaker and a great leader. Glad he's getting his.


He's a good player, but LOL at him being the NFL's highest paid defender.

Posted by QJenk
Atl, Ga
Member since Jan 2013
15169 posts
Posted on 11/28/13 at 1:33 am to
I don't watch or pay any attention to Arizona football. Is peterson really that good to warrant becoming highest paid defender in the league
Posted by higgsBoson
Democratic Party
Member since Jan 2012
1393 posts
Posted on 11/28/13 at 1:51 am to
quote:

I don't watch or pay any attention to Arizona football. Is peterson really that good to warrant becoming highest paid defender in the league


He's about to make his third pro bowl in his first three years. He's got unreal speed and size combo and he's becoming the face of the franchise.

But he's definitely not the best defensive player in the league. But the NFL is really showbusiness and he's a superstar and a huge celebrity.
Posted by FootballNostradamus
Member since Nov 2009
20509 posts
Posted on 11/28/13 at 2:12 am to
quote:

I don't watch or pay any attention to Arizona football. Is peterson really that good to warrant becoming highest paid defender in the league


No
Posted by HoustonGumbeauxGuy
Member since Jul 2011
29428 posts
Posted on 11/28/13 at 6:14 am to
quote:

Agents are completely unnecessary.


Scott Boras says hello.
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