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Looking forward to these after the disappointment in the 8s
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Looking forward to these after the disappointment in the 8s
Derrick Rose's Brother, Friend's Salaries Revealed in Leaked Adidas Contract
"It also included annual royalties of up to $6.25 million per year, as much as $4.8 million in annual appearance fees and use of a private plane," Wertheim wrote.
In addition to Rose, his older brother, Reggie, makes between $250,000 and $300,000 a year from the deal as a consultant, and his best friend, Randall Hampton, takes in between $50,000 and $75,000 a year for "consulting."
However, perhaps the most surprising thing is Wertheim's note that Rose's contract hasn't been at least deducted even though there are clauses to do so if he doesn't make the All-Star team (he hasn't made one since 2012) or misses more than 41 regular-season games (which he did in 2012-13 and 2013-14).
"But unlike most contracts, Rose's has clauses nullifying said deductions if he makes various promotional appearances," according to Wertheim.
Rose was also accused of rape in 2015, and Wertheim noted "though Rose was cleared by a jury in a civil suit, Adidas conceivably could have invoked the morals clause and asserted that the allegations had, as his contract states, 'a material adverse effect against the reputation of Adidas,'" but didn't.
"I've never seen anything like this," a sports agent said when discussing Rose's contract, per Wertheim. "The shoe companies are rigorous enforcers [of contracts]. There's a saying: There's always another player and never enough money."
Rose to Utah lol