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kgarrett12486
Joined: 22 Jan 2007
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 Posted: Thu Jul 05, 2012 6:45 pm Post subject: Janoris Jenkins / Rams FO Dispute... |
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| Rotoworld.com wrote: | | Yahoo! Sports reports the Rams and No. 39 overall pick CB Janoris Jenkins are locked into a dispute over a pre-draft verbal agreement over who will financially advise the rookie. During the draft, coach Jeff Fisher reportedly twisted the arm of Jenkins' agent, ensuring that the troubled prospect would hire a business manager to help with issues involving the cornerback's four children with three women. That agreement, however, is not allowed and "unheard of," according to the NFLPA. Fisher is said to remain "insistent" that his recommended adviser step in to handle Jenkins' finances. The sides won't agree to a contract until the matter is put to rest. |
Uh oh...
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maladeen3917
Joined: 12 Jan 2009
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Location: NWK NJ
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| Posted: Thu Jul 05, 2012 6:49 pm Post subject: |
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it will get settled, im not the least bit worried, Fish just wants to look out for the kid to be honest, before he ends up wasting his money like so many other players do/did.
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chris00cm
Joined: 01 Feb 2008
Posts: 16224
Location: St. Charles, Missouri
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| Posted: Thu Jul 05, 2012 6:49 pm Post subject: |
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Darn. That's a good idea though. At least they tried.
I really hope no one over hypes the issue. It's not like Janoris Jenkins himself is in a dispute. It's just the contract and the NFLPA that are the problem.
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The J.R.S.
Joined: 15 Feb 2007
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Ramsfan28
Joined: 18 Sep 2006
Posts: 6661
Location: Brooklyn, NY
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| Posted: Thu Jul 05, 2012 11:43 pm Post subject: |
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Meh, doesn't seem like a big deal at all. I'm sure they will work something out.
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| EliteTexan80 wrote: | | mark it down, the Rams are going to crash the party in the NFC West next season. |
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S-jax39
Joined: 23 Aug 2010
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| Posted: Fri Jul 06, 2012 12:33 am Post subject: |
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Dude you have 4 kids before the age of 25 with more then 2 woman. You cant even take enough responsibility to buy a condom or stop having children, take the help.
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jrry32
Joined: 04 Jan 2011
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| Posted: Fri Jul 06, 2012 1:35 am Post subject: |
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My biggest issue with this is that Jenkins agreed to it to placate the Rams then backed out when it came time to hold up his side of the bargain.
So he basically told them what they wanted to hear to get them to draft him. Not a great way to start off showing you turned over a new leaf.
I don't understand why he wouldn't take the help. Fisher is looking out for him. I understand why the NFLPA is getting involved, they are looking at the bigger picture. But in this case, Fisher is making the right call. He's trying to help Janoris out. People have no idea how common it is for crooked advisers and money managers to rip off NFL players.
I understand that Jenkins doesn't want to pay the money(30k a year) but what he doesn't realize is that good and reputable money managers are going to charge a good chunk of change. And if they're charging annually, you don't have to worry about "churning" which is what screws over many NFL players. They have advisers who charge by the trade and those advisers use the ignorance of NFL players to commit an act that's outlawed by the SEC(churning).
If there's one thing my grandpa, who is a stock market whiz, has stressed to me, it's that you use a reputable money manager who charges an annual rate.
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StLunatic88
Joined: 10 Jan 2006
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Location: How good is your Good?
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| Posted: Fri Jul 06, 2012 9:28 am Post subject: |
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2 things here...
A) It doesnt sound like he is making a huge deal about this other than the money he has to pay out. Which as a 2nd rounder, while still payed very well, isnt like he is getting a 8 figure singing bonus, so it is substantial to him.
B) This seems like a NFLPA issue than it does a Janoris issue. The kid is asking questions like he should be. And dont act like you have never agreed to do something extra for something you wanted, then the time came and you tried to get out of that part. Its human nature, and if its something that within th bylaws you have every right to explore that avenue. |
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l3lind golfer
Joined: 17 Nov 2005
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| Posted: Fri Jul 06, 2012 10:18 am Post subject: |
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Something always happening with this kid.
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The J.R.S.
Joined: 15 Feb 2007
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| Posted: Fri Jul 06, 2012 4:19 pm Post subject: |
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| l3lind golfer wrote: | | Something always happening with this kid. |
I don't think that is fair, anything he is involved in will become news because of his reputation. He earned that rep, but this doesn't look like a bad sign for things to come for me.
BTW, where have you guys read that it is a "money manager" that they want him to hire? I was under the impression that it was more of a "life coach" type figure. Big difference between the two.......
If you read the link I provided above, it may be the Rams who get slapped on the wrist for this. Apparently, they had no right to ask for such a stipulation. Add in the fact that the guy who they wanted Janoris to hire is a personal friend of the head coach, and I believe it reflects more poorly on Fisher than Jenkins.
If this wasn't such a slow time of year, it likely would not have made the national news.
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jrry32
Joined: 04 Jan 2011
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| Posted: Fri Jul 06, 2012 4:33 pm Post subject: |
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| The J.R.S. wrote: | | l3lind golfer wrote: | | Something always happening with this kid. |
I don't think that is fair, anything he is involved in will become news because of his reputation. He earned that rep, but this doesn't look like a bad sign for things to come for me.
BTW, where have you guys read that it is a "money manager" that they want him to hire? I was under the impression that it was more of a "life coach" type figure. Big difference between the two.......
If you read the link I provided above, it may be the Rams who get slapped on the wrist for this. Apparently, they had no right to ask for such a stipulation. Add in the fact that the guy who they wanted Janoris to hire is a personal friend of the head coach, and I believe it reflects more poorly on Fisher than Jenkins.
If this wasn't such a slow time of year, it likely would not have made the national news. |
Nah. It's an adviser/business manager.
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bluesfreak74
Joined: 21 Feb 2012
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| Posted: Fri Jul 06, 2012 6:32 pm Post subject: |
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| The J.R.S. wrote: | | l3lind golfer wrote: | | Something always happening with this kid. |
I don't think that is fair, anything he is involved in will become news because of his reputation. He earned that rep, but this doesn't look like a bad sign for things to come for me.
BTW, where have you guys read that it is a "money manager" that they want him to hire? I was under the impression that it was more of a "life coach" type figure. Big difference between the two.......
If you read the link I provided above, it may be the Rams who get slapped on the wrist for this. Apparently, they had no right to ask for such a stipulation. Add in the fact that the guy who they wanted Janoris to hire is a personal friend of the head coach, and I believe it reflects more poorly on Fisher than Jenkins.
If this wasn't such a slow time of year, it likely would not have made the national news. |
She's asking $120,000 for four years to help him with his child support, etc and apparently there are some different advisers that are willing to do it for free.
It sounds like Jenkins thought before the draft she was going to do it for free.
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jrry32
Joined: 04 Jan 2011
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| Posted: Fri Jul 06, 2012 6:39 pm Post subject: |
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| bluesfreak74 wrote: | | The J.R.S. wrote: | | l3lind golfer wrote: | | Something always happening with this kid. |
I don't think that is fair, anything he is involved in will become news because of his reputation. He earned that rep, but this doesn't look like a bad sign for things to come for me.
BTW, where have you guys read that it is a "money manager" that they want him to hire? I was under the impression that it was more of a "life coach" type figure. Big difference between the two.......
If you read the link I provided above, it may be the Rams who get slapped on the wrist for this. Apparently, they had no right to ask for such a stipulation. Add in the fact that the guy who they wanted Janoris to hire is a personal friend of the head coach, and I believe it reflects more poorly on Fisher than Jenkins.
If this wasn't such a slow time of year, it likely would not have made the national news. |
She's asking $120,000 for four years to help him with his child support, etc and apparently there are some different advisers that are willing to do it for free.
It sounds like Jenkins thought before the draft she was going to do it for free. |
There's no way. She's asking 120,000 over 4 years to be his financial adviser and money manager. There's not a person out there who will do it for free unless they're planning to rip you off.
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bluesfreak74
Joined: 21 Feb 2012
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Location: Illinois
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| Posted: Fri Jul 06, 2012 6:53 pm Post subject: |
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| jrry32 wrote: | | bluesfreak74 wrote: | | The J.R.S. wrote: | | l3lind golfer wrote: | | Something always happening with this kid. |
I don't think that is fair, anything he is involved in will become news because of his reputation. He earned that rep, but this doesn't look like a bad sign for things to come for me.
BTW, where have you guys read that it is a "money manager" that they want him to hire? I was under the impression that it was more of a "life coach" type figure. Big difference between the two.......
If you read the link I provided above, it may be the Rams who get slapped on the wrist for this. Apparently, they had no right to ask for such a stipulation. Add in the fact that the guy who they wanted Janoris to hire is a personal friend of the head coach, and I believe it reflects more poorly on Fisher than Jenkins.
If this wasn't such a slow time of year, it likely would not have made the national news. |
She's asking $120,000 for four years to help him with his child support, etc and apparently there are some different advisers that are willing to do it for free.
It sounds like Jenkins thought before the draft she was going to do it for free. |
There's no way. She's asking 120,000 over 4 years to be his financial adviser and money manager. There's not a person out there who will do it for free unless they're planning to rip you off. |
Don't shoot the messenger, I'm just telling you what I heard.
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kgarrett12486
Joined: 22 Jan 2007
Posts: 7638
Location: Busch III
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| Posted: Fri Jul 06, 2012 11:46 pm Post subject: |
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| jrry32 wrote: | | There's no way. She's asking 120,000 over 4 years to be his financial adviser and money manager. There's not a person out there who will do it for free unless they're planning to rip you off. |
That is the financial term being thrown around on talk radio. Apparently this guy they want to hire has a track record rate close to 30,000/yr for his services...
He's been helping Britney Spears take back control of her finances apparently...
Take the talk show chatter for what it's worth though...
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