McGee Loses Ruling On Former Agent

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • gr8slayer
    Registered User
    • Feb 2005
    • 20796

    McGee Loses Ruling On Former Agent



    An arbitrator handed Buffalo Bills cornerback Terrence McGee a setback in his ongoing dispute with former agent Terry Bolar.

    Roger P. Kaplan of Alexandria, Va., ruled that McGee must pay Bolar a 3 percent fee for negotiating the contract he signed in 2005.

    McGee said he and Bolar signed an agreement that would give Bolar 1 percent of his earnings instead of the standard 3 percent agent fee. Bolar denied entering into such an agreement.

    McGee’s Buffalo-based lawyer, J. David Sampson, said Bolar admitted to preparing the 1 percent agreement and had it signed by McGee, but the papers were never submitted to the NFL Players Association.

    Since there is no physical evidence to support Mc- Gee’s claim, Kaplan considered the 3 percent agreement established when McGee hired Bolar in 2003 was still valid.

    Bolar had already received 1 percent ($50,000) of McGee’s $5 million signing bonus. Bolar is now owed an additional 2 percent ($100,000) of the bonus and 3 percent of McGee’s annual base salaries. McGee is now represented by Ron Raccuia of Buffalo.
  • jamesiscool
    suck it fool.
    • Feb 2007
    • 733

    #2
    Re: McGee Loses Ruling On Former Agent

    that sucks.
    Sec 241 row 12 seat 23

    Comment

    Working...
    X