DeSean Jackson owes Drew Rosenhaus over $500,000
By Mike Dyce
Former Philadelphia Eagles wide receiver DeSean Jackson has signed with Washington Redskins to a three-year deal worth $24 million dollars, $16 million of which is guaranteed and it a $5 million signing bonus. Well a large chunk of that money is going to super sports agent Drew Rosenhaus, Jackson’s former representation, following an arbitration ruling.
From ESPN:
"An arbitrator recently ruled that DeSean Jackson owes former agent Drew Rosenhaus $516,415 in unpaid loans and fees, according to multiple media reports.Yahoo Sports’ reported Rosenhaus originally sought $777,793 for “loans, interest, credit card charges and insurance premiums.” Rosenhaus filed the grievance in June 2013, shortly after he was fired by Jackson, according to reports."
Jackson could certainly afford it out of that nice new signing bonus he just got. It is less than the amount Rosenhaus had originally sought but he still has to be thrilled that they ruled in his favor.
Jackson is expected to appeal so he isn’t exactly cutting a check just yet. It makes you wonder when agents will stop lending money to NFL players.