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An update on Blackmon...and well, it doesn't sound promising


Quote:That's not correct unless you're privy to the wording in his contract.  All indicators are that if the team was to cut him at some point over this suspension, they would have grounds to go after the portion of the signing bonus that has not yet been amortized.  What his intentions are at that point are completely irrelevant. The fact that he's not back is sufficient support for the team's claim. 
 

That's where I'm unfamiliar. By all accounts, the contract protects the team as you say, so my argument is somewhat based around speculation. 

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(This post was last modified: 06-30-2014, 05:20 PM by MalabarJag.)

Quote:If he drags this out, the team is going to cut bait, and when they do, they've got a right under his contract to go after the bonus money he hasn't earned. He can't hide from the team contractually.

 
 

In which case, he's lost nothing by not letting the team know his intentions, as the outcome would be, at worst for him, the same.


 

Sure the team can come after the money he failed to earn on his contract. I'm pretty sure that not everyone who is owed money actually collects it.






                                                                          

"Why should I give information to you when all you want to do is find something wrong with it?"


Quote:I wonder where you got that avatar. Do you know truely what it is?


NH3...


Of course I know what my avatar is. Its awesome.haha

I also think Blackmon will be back this season. BUT the odds are against a really

Young addict, so I am not sure how long he stays.


Quote:It doesn't really support your point at all.


If he drags this out, the team is going to cut bait, and when they do, they've got a right under his contract to go after the bonus money he hasn't earned. He can't hide from the team contractually.


The league has already confirmed they can release him during the suspension.
 

Nice to see you smelling some of the roses and seeing the reality of this situation.

Whether someone has a liberal, or conservative viewpoint, a authoritative figure should not lock a thread for the sole purpose to get the last word in all the while prohibiting someone else from being able to respond.


Quote:In which case, he's lost nothing by not letting the team know his intentions, as the outcome would be, at worst for him, the same.


 

Sure the team can come after the money he failed to earn on his contract. I'm pretty sure that not everyone who is owed money actually collects it.
 

If it's written into his contract, and they opt to cut him regardless of his intentions, he's on the hook to reimburse the team.  Whether they collect it or not isn't really relevant.  They'll get the cap savings either way. 

Never argue with idiots. They drag you down to their level and beat you with experience.
[Image: attachment.php?aid=59]

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Quote:If it's written into his contract, and they opt to cut him regardless of his intentions, he's on the hook to reimburse the team.  Whether they collect it or not isn't really relevant.  They'll get the cap savings either way. 
 

It good that the Jags get the cap savings even if they don't collect.


 

My point was that from Blackmon's view, whether or not they actually collect is VERY relevant. If Blackmon informs the Jags that he no longer wants to play, they can freeze his bank accounts and proceed immediately to demand reimbursement. If Blackmon doesn't inform the Jags, he gets to keep spending that money until the Jags finally decide to give up on him, which may buy him many months of access to the remains of the signing bonus.





                                                                          

"Why should I give information to you when all you want to do is find something wrong with it?"


Just the facts.


Umm............excuse me but the Jags have no legal authority to freeze his bank accounts. I believe only the IRS has that authority without a court order.

 

Regards...................the Chiefjag




Quote:It good that the Jags get the cap savings even if they don't collect.


 

My point was that from Blackmon's view, whether or not they actually collect is VERY relevant. If Blackmon informs the Jags that he no longer wants to play, they can freeze his bank accounts and proceed immediately to demand reimbursement. If Blackmon doesn't inform the Jags, he gets to keep spending that money until the Jags finally decide to give up on him, which may buy him many months of access to the remains of the signing bonus.
This is getting old..........The Jags are not paying him while he is on suspension

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When first signed, the media reported the contract as the standard rookie package, without any specific "offset" language.  That being the case, the team has no legal recourse for recovery of any bonus money.  Everything paid to date is untouchable, though the suspension would void future (2014 & 2015) salary guarantees.  


When you get into the endzone, act like you've been there before.


Quote:It good that the Jags get the cap savings even if they don't collect.


 

My point was that from Blackmon's view, whether or not they actually collect is VERY relevant. If Blackmon informs the Jags that he no longer wants to play, they can freeze his bank accounts and proceed immediately to demand reimbursement. If Blackmon doesn't inform the Jags, he gets to keep spending that money until the Jags finally decide to give up on him, which may buy him many months of access to the remains of the signing bonus.
 

 

Why on earth would Blackmon no longer want to play? He's devoted his entire life to this, and he's very good at it.


'02


Quote:When first signed, the media reported the contract as the standard rookie package, without any specific "offset" language.  That being the case, the team has no legal recourse for recovery of any bonus money.  Everything paid to date is untouchable, though the suspension would void future (2014 & 2015) salary guarantees.  
actually there's been several articles, including ozone articles that have said that any money that wasn't guaranteed money can be recouped, but the process of recouping that money apparently is painstakingly long, in part, because he's likely already spent that money. 

 

He had clauses in his contract that has been mentioned plenty of times that says we don't pay him a dime if he has further violations, so we basically paid him for the games he was back last year and that was it. 

[Image: 0KIO8ln.gif]


Quote:When first signed, the media reported the contract as the standard rookie package, without any specific "offset" language.  That being the case, the team has no legal recourse for recovery of any bonus money.  Everything paid to date is untouchable, though the suspension would void future (2014 & 2015) salary guarantees.  
 

 

On the contrary, his rookie package was anything but standard and included all sorts of offset language. You must be thinking of another player because I'm sure you'll fail in any attempt to find such a media report.


'02

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Quote:On the contrary, his rookie package was anything but standard and included all sorts of offset language. You must be thinking of another player because I'm sure you'll fail in any attempt to find such a media report.
http://espn.go.com/blog/afcsouth/post/_/...kmons-deal

When you get into the endzone, act like you've been there before.


Quote:actually there's been several articles, including ozone articles that have said that any money that wasn't guaranteed money can be recouped, but the process of recouping that money apparently is painstakingly long, in part, because he's likely already spent that money. 

 

He had clauses in his contract that has been mentioned plenty of times that says we don't pay him a dime if he has further violations, so we basically paid him for the games he was back last year and that was it. 
My understanding is that it all money paid so far was fully guaranteed, but the suspension voids the salary guarantee going forward from that point in time. 

Like you said, we paid him for last year; we're off the hook for this year and 2015.

When you get into the endzone, act like you've been there before.


Can we close this thread and then someone make a new thread when there's really another update?


No one is safe.


Quote:Can we close this thread and then someone make a new thread when there's really another update?
 

Um drugs are bad....

 

/thread

Birth of the Franchise - November 30, 1993
Death of the Franchise - November 29, 2011

Fans deserve better. Thanks for all the good times too many are in the past.

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Quote:http://espn.go.com/blog/afcsouth/post/_/...kmons-deal
 

 

I misunderstood what they meant by offset language which would call for voiding guaranteed payments if he ultimately signs somewhere else. It's still not a standard package as this article explains since the guaranteed money is considerably delayed.


'02


Quote:Why on earth would Blackmon no longer want to play? He's devoted his entire life to this, and he's very good at it.


That's the nature of addiction. It can take over a life and alter a person's priorities.
I'm condescending. That means I talk down to you. 
Check out the Jag's Forum Alternative: Duval Football Fans.


Quote:Why on earth would Blackmon no longer want to play? He's devoted his entire life to this, and he's very good at it.
Wanting to play and being able to play are two very different things.  I'm sure he wants to play.  Is that desire strong enough to cause him to give up his old lifestyle? 

 

At this point, his problems may be so of out his control that he is unable to overcome them without professional help, if at all.

When you get into the endzone, act like you've been there before.




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