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Williams ordered to pay Dolphins over $8.6 million----

Discussion in 'BBS Hangout' started by underoverup, Sep 24, 2004.

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  1. underoverup

    underoverup Member

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    Why does he have to pay back earned incentives instead of just the signing bonus? :confused:

    Report: Williams ordered to pay Dolphins over $8.6 million


    MIAMI (Ticker) - Ricky Williams will apparently have to pay a handsome sum for his early departure from the Miami Dolphins.

    According to a report on ESPN.com, the Dolphins on Friday won their grievance against Ricky Williams, who announced his retirement from the NFL in July at the age of 27.

    Arbitrator Richard Bloch entitled the Dolphins to receive repayments totaling $8,616,353 in incentives and signing bonus. Richard Berthelsen of the NFL Players Association, who argued on Williams' behalf at the arbitration hearing Tuesday, confirmed Bloch's decision.

    The report indicated that the nearly $8.6 million includes $5.3 million in incentives paid by the Dolphins over the past two years and $3.3 million in prorated signing bonus paid to Williams by the New Orleans Saints, who drafted him in 1999.

    The departure of Williams, who rushed for 3,225 yards and 25 touchdowns in two years in Miami, has left an enormous void in the Dolphins backfield.

    :eek:

    Link
     
    #1 underoverup, Sep 24, 2004
  2. giddyup

    giddyup Member

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    How can he be asked to pay back incentives that he earned over the past two years... while in fulfillment of his contract?
     
    #2 giddyup, Sep 24, 2004
  3. Clutch

    Clutch Administrator
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    Ouch, that's going to hit the drug dealers in Jamaica fairly hard.

    What a tough situation for the pro-mar1juana crowd to be in. On one hand you got those people saying smoking weed does nothing harmful to your brain. On the other, you've got its biggest supporter coughing up $8.6 million just to keep smoking it. :)
     
    #3 Clutch, Sep 24, 2004
  4. Rocketman95

    Rocketman95 Hangout Boy

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    We'll blame it on the social anxiety disorder. :)

    I think it was in his contract that if he retired before the contract expired, then the Dolphins were owed that money back.
     
    #4 Rocketman95, Sep 24, 2004
  5. esse

    esse Member

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    Yeah and the departure of 8.6 million dollars is gonna leave an enormous void in ricky's bank account!:D

    *Does anyone know how much his regular salary was worth for the dolphins sans the bonuses? Just wondering:confused:
     
    #5 esse, Sep 24, 2004
  6. DonnyMost

    DonnyMost Member
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    Welcome back to the NFL next year, Ricky.
     
    #6 DonnyMost, Sep 24, 2004
  7. francis 4 prez

    francis 4 prez Member

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    man, the nfl must have a ****ty players' union to let that stuff be in contracts. in baseball, the players' union probably managed to get a "retiring to smoke weed" bonus thrown into all their contracts or something.
     
    #7 francis 4 prez, Sep 24, 2004
  8. Deckard

    Deckard Blade Runner
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    LOL! I blame it on his UT education. :D



    (Go Coogs!!! Please! :()
     
    #8 Deckard, Sep 24, 2004
  9. francis 4 prez

    francis 4 prez Member

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    i don't know what you're talking about, they always told us to give it up for anything over 5 million.
     
    #9 francis 4 prez, Sep 24, 2004
  10. Deckard

    Deckard Blade Runner
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    :D :D
    At UH, we were told that one million was plenty!
     
    #10 Deckard, Sep 24, 2004
  11. Manny Ramirez

    Manny Ramirez The Music Man

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    Damn, what an idiot.

    I wonder if he even cares as he is probably in Nepal or some place like that smoking him a Mary Jane in some tent - LOL.
     
    #11 Manny Ramirez, Sep 24, 2004
  12. Pole

    Pole Houston Rockets--Tilman Fertitta's latest mess.

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    I wonder if they'll ever see a penny of that money back.
     
    #12 Pole, Sep 24, 2004
  13. wizkid83

    wizkid83 Member

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    Seriously, WTF. NBA and NHL all had a lock out, Baseball striked and almost strike twice (still will happen soon). Why are the players in the NFL bucha wussys? No guaranteed contract and all that stuff. Strike damn it, I'm tired of this parrity everyone has a shot thing. Do something so that that pro bowlers don't have to get cut, hold out, or traded every year just to make the cap work.
     
    #13 wizkid83, Sep 24, 2004
  14. Franchise2001

    Franchise2001 Contributing Member

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    Yep.. he'll probably declare "bankrupcy"
     
    #14 Franchise2001, Sep 24, 2004
  15. Aceshigh7

    Aceshigh7 Member

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    I don't understand how the Dolphins can be entitled to receive a refund of bonus money paid to him by the New Orleans Saints.
    The article did say part of the bonus came from the Saints.
    If anybody should get it it seems the Saints should.
     
    #15 Aceshigh7, Sep 25, 2004
  16. Jeff

    Jeff Clutch Crew

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    I heard Peter King say last night that the Dolphins will probably not see any of that because Ricky doesn't have that much cash and that, when all is said and done, they won't be able to collect the $3.6 million bonus paid by New Orleans anyway.

    They might be able to go after some of his possessions, but, in Florida, you cannot take someone's home in a lawsuit not related to a mortgage, so that's out. He said the Dolphins more likely will ask to garnish Williams' future wages.
     
    #16 Jeff, Sep 25, 2004
  17. m_cable

    m_cable Member

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    How exactly are they going to garnish the wages of a professional pot smoking world traveller.

    I guess they'll just have to wait 10 years, until Ricky gets a job as a "gardener".
     
    #17 m_cable, Sep 25, 2004
  18. Rocket River

    Rocket River Member

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    the NFL has the worse Union
    The players get screwed routinely more there than anywhere

    MLB the union is like the Owners in the NFL
    too powerful

    NBA has the best balance

    Rocket River
     
    #18 Rocket River, Sep 26, 2004
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