A above abettor for Derrius Guice filed a accusation adjoin the Redskins active aback and his accepted representation, claiming he was never repaid for loans and is owed a bureau for endorsement and business deals abiding for his above client.
Fadde Mikhail is gluttonous $500,000 in amercement afterwards filing the clothing in California on March 31. Mikhail represented Guice for four months afore the active aback active with Adolescent Money, a sports bureau founded by Lil’ Wayne, aloof weeks afore the draft.
In the suit, Mikhail claims he loaned Guice $191,000 in aboriginal 2018. He additionally alleges he’s advantaged to 15% for the deals adjourned during his time as the active back’s agent. It is accepted convenance for agents to accommodation money adjoin approaching balance to advice them with their pre-draft expenses.
Guice active a four-year arrangement with Nike that paid him a $100,000 signing benefit with $40,000 in anniversary payments, according to the lawsuit. Mikhail additionally alleges he lined up a $35,000 accord from Hyundai, a $50,000 accord from Leafs trading cards and an autograph signing accord that could accept paid the 22-year-old up to $600,000 in signings and appearances. Guice, too, was to assurance 17,000 autographs at a amount of $12.50 per autograph for Panini training cards.
The accusation additionally alleges that Guice’s accepted bureau was to accord the loans that Mikhail gave the active back. Guice is now represented by Wesley Spencer and Andrew Simms of Adolescent Money.
Redskins admirers ability admit Mikhail’s name from his administration as Su’a Cravens’ abettor during the above safety’s altercation with the Redskins. Cravens, though, after accursed Mikhail and replaced him with Peter Schaffer. And according to Sports Business account in 2018, Mikhail absent his abettor acceptance in for declining a new analysis implemented by the player’s union. (Mikhail is not currently listed on the NFLPA’s armpit as an agent).
The Richmond-Times Dispatch aboriginal appear the lawsuit.
In the two years aback he was drafted by the Redskins, Guice has appeared in aloof bristles amateur — missing best of the time with knee injuries. The above second-rounder absent his absolute amateur year due to a broken ACL and in 2019, he suffered a broken meniscus and after a season-ending MCL sprain. This accessible division abstracts to be cardinal for the adolescent aback as he needs to prove he can aftermath on an NFL level.
Before he was selected, Guice abundantly fell on abstract night. The LSU artefact was a projected first-rounder, but lasted until the 59th aces for affidavit that still aren’t absolutely clear.
Guice has two years larboard on his amateur arrangement and is set to accomplish about $893,000 in 2020.
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