Originally posted by theduke85:Seriously? "Throw away" $2 million dollars? It's easy to sit there and scoff at the notion when you're deliberately mischaracterizing the situation with loaded language like that.
We don't live in a black-and-white world; there are shades of grey, and this situation is an example of that. I mean, that's indisputable -- even by the 49ers own admission, because they gave him this $300,000K bonus at the end of the year. I guess that constitutes as "throwing away" money too, then? If the 49ers give Brown 300K, that's okay, because we're an infallible and generous organization, but if we pay up the full $2M we're negligent and catering to an ignoramus who can't be bothered to read a contract. Huh, I guess this is a pretty fine line that we walk.
All I asked if it was within their right/ability to give him the full $2M if they decided it was the right thing to do, if they deemed that Brown was essentially fleeced by an incompetent agent. I fail to see how this is such a cringe-worthy question. As I alluded to earlier, awarding bonuses outside of explicit contract language is probably frowned upon by the league, because it's the type of thing that could potentially be exploited, or could lead to under-the-table payments.
My sense is that the 49er gave him an extra bonus precisely because they believed that the agent screwed Brown.
As far as I can determine, there are legal actions that Brown can take to recoup his money. If Brown is the injured party, and it seems apparent that he is, he has the responsibility to take the actions available to him.
There is a good chance that he can sue his agent both as his agent and under Texas law as a lawyer. In both cases, his agent should have liability insurance that would be used to pay Brown for his loss.
If I remember correctly, with the legal remedies available plus the bonus given to him by the team, Brown has a very good chance of reclaiming close to the total amount he lost.
[ Edited by buck on Mar 23, 2014 at 12:07 PM ]