An NFLPA arbitrator recently ruled that former Philadelphia Eagles Wide Receiver Desean Jackson must pay his former agent Drew Rosenhaus $516,415 in unpaid loans and fees.
Rosenhaus, Jackson’s former agent, filed a grievance with the NFL Player Association in June 2013, claiming that the former Philadelphia Eagle owed $777,793 in “loans, interest, credit card charges and insurance premiums.” Part of what DeSean Jackson owes to Rosenhaus came in the form of a $375,000 interest-free loan he received from the agent when he signed. Of the $375,000 loan, $175,000 has been forgiven. This grievance was filed shortly after Rosenhaus was fired by Desean Jackson. Rosenhaus was previously Jackson’s agent from November 2009 up until June 2013. An arbitrator, certified under the NFLPA’s agent regulation, ruled in favor of Rosenhaus on Tuesday,
However, Desean Jackson doesn’t look like he is ready to pay up just yet. According to Eagles Beat Reporter Jeff McLane, Jackson plans to appeal the ruling. Agent Drew Rosenhaus has yet to comment on the appeal.
Since parting ways with Rosenhaus, Jackson has hired Joel Segal as his new agent. He recently negotiated a three-year, $24 million contract with the Washington Redskins earlier this month after the Eagles shockingly released Jackson. Desean Jackson should pay the amount he was asked to as long as the appeal doesn’t get the decision reversed. Do you think Desean Jackson will win the appeal? Tell us in the comments below!