Drew Rosenhaus being investigated by NFLPA

[ThomasTomasz]

The NFL Players Association is investigating agent Drew Rosenhaus and his business ties with a former financial adviser who convinced players to invest in a failed Alabama casino, according to a Yahoo! Sports report.

Yahoo! Sports, citing sources, reports the ties between Rosenhaus and Jeff Rubin might have caused Rosenhaus to breach financial responsiblities due his players as a union-certified agent.

Rubin is at the center of a bankruptcy case involving the casino that cost players $43 million. Rubin helped encourage 35 athletes, a number of of whom were notable Rosenhaus clients, to invest in the Dothan, Ala., bingo operation that was raided and shut down.

Multiple sources told Yahoo! Sports that at least $25 million of the $68 million the gambling operation claims to have lost has been identified as player money. According to the report, bankruptcy filings indicate as much as $43.6 million is linked to all the players, including those not represented by Rosenhaus.

Jevon Kearse, Fred Taylor, Frank Gore, Plaxico Burress and Terrell Owens, who has since fired Rosenhaus, are among the 18 Rosenhaus clients who invested in the bingo project.

Sources told Yahoo! Sports that Rosenhaus recruited clients with Rubin and grew his clients to more than 100 players in the seven years the two were associated.

If Rosenhaus is found to have violated any NFLPA agent conduct regulations, he could face discipline by the union.

http://espn.go.com/nfl/story/_/id/8...agent-drew-rosenhaus-business-ties-jeff-rubin

Now we know why there have been more than a couple people who have dropped him as their agent over the past year.

 

[Villain]

He's a douche bag. Pujols made him rich, though.

 

[MrBill]

Rosenhaus is scum. He has caused many players to burn bridges with their teams by convincing them to hold out when it wasn't necessary.

 

[Senser81]

Similar to the UNC academic "scandal", I don't understand what Rosenhaus did that would be in violation of anything. Did Rosenhaus embezzle money from the bingo operation? Highly doubtful. If he was going to steal money from his own clients, why bring in an outside party? Also, the article can't even make a definitive connection between Rosenhaus and the bingo operation.

 

[Maynard]

Terrell Owens, who has since fired Rosenhaus,

lol

 

[Maynard]

Similar to the UNC academic "scandal", I don't understand what Rosenhaus did that would be in violation of anything. Did Rosenhaus embezzle money from the bingo operation? Highly doubtful. If he was going to steal money from his own clients, why bring in an outside party? Also, the article can't even make a definitive connection between Rosenhaus and the bingo operation.

no, i think its fair in this case to jump to conclusions and assume guilt. he does his job and tries to get his clients the most money he can and it makes perfect sense that he would burn bridges with his clients by stealing from them.

 

[Senser81]

Rosenhaus is scum. He has caused many players to burn bridges with their teams by convincing them to hold out when it wasn't necessary.

Please provide specific examples.

 

[MrBill]

no, i think its fair in this case to jump to conclusions and assume guilt. he does his job and tries to get his clients the most money he can and it makes perfect sense that he would burn bridges with his clients by stealing from them.

You know what Rosenhaus likes more than money? More money :yep:

 

[MrBill]

Please provide specific examples.

Terrell Owens
Javon Walker
Anquan Boldin
DeSean Jackson
Maurice Jones-Drew

Those are just the ones off of the top of my head.

 

[Senser81]

Terrell Owens
Javon Walker
Anquan Boldin
DeSean Jackson
Maurice Jones-Drew

Those are just the ones off of the top of my head.

LOL at this. So guys like Terrell Owens and DeSean Jackson burned bridges because they held out...not because they are idiots to begin with.

How exactly did MJD burn bridges? He's playing for Jacksonville still, right?

Javon Walker??? Hmm...which would Walker rather have...an "unburned bridge" in Green Bay, or a $40 million contract with Denver, which was about 10 times the amount of money he was making in Green Bay?

What role is a sports agent supposed to have? Isn't he supposed to get his clients the most money possible? Thats what Rosenhaus seems to do. I'd rather have Rosenhaus as my agent, burn a bridge, and be making a ton of money then some schmuck like Bus Cook, who burns bridges, screws his client out of money and endorsement earning potential, then leaves his client without a team.

 

[MrBill]

Are you really trying to bait me with a Bus Cook blast? Not like Favre doesn't have $150M or so in the bank :jonesy:

 

[Senser81]

Are you really trying to bait me with a Bus Cook blast? Not like Favre doesn't have $150M or so in the bank :jonesy:

Are you really trying to claim that Bus Cook is a better agent than Drew Rosenhaus, and that Bus Cook didn't completely botch Brett Favre's situation in Green Bay?

Favre earned $150M, Javon Walker earned $50M, which is more impressive from an agent standpoint? I would guess that if Rosenhaus was Favre's agent, Favre would have at least $350M in the bank.

Again, what role is a sports agent supposed to have? Isn't he supposed to get his clients the most money possible?

DeSean Jackson agreed to a five-year contract with the Philadelphia Eagles on Wednesday. A league source told ESPN NFL Insider Adam Schefter the deal is worth $51 million.