It seems as though bad news has been following Washington Redskins wide receiver DeSean Jackson lately.
An NFL Players Association arbitrator ruled Wednesday that Jackson owes his former agent Drew Rosenhaus $516,415 in unpaid loans and agent fees.
Rand Getlin of Yahoo! Sports reported that Rosenhaus had originally been seeking $777,793 "for loans, interest, credit card charges and insurance premiums."
Black Sports Online reported that Rosenhaus loaned Jackson much of that money in 2011, when the wide receiver was "spending recklessly,"� and that Rosenhaus even allowed Jackson to use one of his credit cards.
Though the ruling may put more of a strain on Jackson's reputation, he won't have any problem paying his debts. His contract with the Redskins includes $16 million in guaranteed money.
Getlin provided more details on the matter in a string of tweets.
Rand Getlin ✔ @Rand_Getlin Follow
An NFLPA arbitrator found that Rosenhaus giving Jackson $50,000 cash, and a $90,000 check at the time of his signing was not an inducement.
<time pubdate="" class="dt-updated" datetime="2014-04-16T18:06:07+0000" title="Time posted: 16 Apr 2014, 18:06:07 (UTC)">2:06 PM - 16 Apr 2014</time>
Rand Getlin ✔ @Rand_Getlin Follow Part of what DeSean Jackson owes to Rosenhaus came in the form of a $375,000 interest-free loan he received from the agent when he signed.
<time pubdate="" class="dt-updated" datetime="2014-04-16T18:13:52+0000" title="Time posted: 16 Apr 2014, 18:13:52 (UTC)">2:13 PM - 16 Apr 2014
</time> Rand Getlin ✔ @Rand_Getlin Follow Of that $375K, Rosenhaus said he'd forgive $175K if DeSean allowed him to negotiate his then-upcoming contract w/ the #Eagles.
<time pubdate="" class="dt-updated" datetime="2014-04-16T18:15:11+0000" title="Time posted: 16 Apr 2014, 18:15:11 (UTC)">2:15 PM - 16 Apr 2014</time>
An NFL Players Association arbitrator ruled Wednesday that Jackson owes his former agent Drew Rosenhaus $516,415 in unpaid loans and agent fees.
Rand Getlin of Yahoo! Sports reported that Rosenhaus had originally been seeking $777,793 "for loans, interest, credit card charges and insurance premiums."
Black Sports Online reported that Rosenhaus loaned Jackson much of that money in 2011, when the wide receiver was "spending recklessly,"� and that Rosenhaus even allowed Jackson to use one of his credit cards.
Though the ruling may put more of a strain on Jackson's reputation, he won't have any problem paying his debts. His contract with the Redskins includes $16 million in guaranteed money.
Getlin provided more details on the matter in a string of tweets.
Rand Getlin ✔ @Rand_Getlin Follow
An NFLPA arbitrator found that Rosenhaus giving Jackson $50,000 cash, and a $90,000 check at the time of his signing was not an inducement.
<time pubdate="" class="dt-updated" datetime="2014-04-16T18:06:07+0000" title="Time posted: 16 Apr 2014, 18:06:07 (UTC)">2:06 PM - 16 Apr 2014</time>
Rand Getlin ✔ @Rand_Getlin Follow Part of what DeSean Jackson owes to Rosenhaus came in the form of a $375,000 interest-free loan he received from the agent when he signed.
<time pubdate="" class="dt-updated" datetime="2014-04-16T18:13:52+0000" title="Time posted: 16 Apr 2014, 18:13:52 (UTC)">2:13 PM - 16 Apr 2014
</time> Rand Getlin ✔ @Rand_Getlin Follow Of that $375K, Rosenhaus said he'd forgive $175K if DeSean allowed him to negotiate his then-upcoming contract w/ the #Eagles.
<time pubdate="" class="dt-updated" datetime="2014-04-16T18:15:11+0000" title="Time posted: 16 Apr 2014, 18:15:11 (UTC)">2:15 PM - 16 Apr 2014</time>