Originally posted by Bodhi:
I can't believe that anyone is saying that Brown is at fault here. If he had the time to negotiate and keep track of every clause in his contract then he wouldn't be paying an agent 10% to begin with
You hire specialists (agents) to cover the difficult areas, but you are still a lunk head if you don't read and understand your own contract to some degree. This is not a very complicated issue--work out = +2 million dollars; no work out = no 2 million dollars. Would you sign a paper worth 2.9 million dollars without asking your agent/lawyer to explain every detail? The good news (?) will be if the agent loses $200,000. If he does then he is more the idiot for not explaining this to his client. Some agents do not stay in touch with their charges, good ones do.
And...just how busy is Brown that he doesn't have time to read his contract?