Stephen Davis Signs NFL's First $100 Million Deal With Redskins; Nine-year Agreement signed for $90.75 million plus $45 million in incentives.Sports Editors/Football Writers & Columnists WASHINGTON--(BW SportsWire)--Sept. 4, 2000 TEAAM CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and chief contract negotiator Steve Weinberg confirmed today that Redskins Redskins can refer to:
abbr. National Football League NFL (US) n abbr (= National Football League) → Fußball-Nationalliga season. Weinberg confirmed Davis has signed the richest contract in NFL history worth $90.75 million plus an additional $45 million in incentives totaling $135.75 million over nine years. Included in the deal are two signing bonuses totaling $7.5 million. Last season Davis led the NFC NFC abbr. National Football Conference in rushing while establishing a new Redskins rushing record of 1,405 yards. Davis also led the NFL with 17 touchdowns. Providing Davis the opportunity to earn even more money based on incentives is Weinberg's deal-making trademark. "We're optimistic that Stephen will perform better this year than last. This contract enables him to earn annual financial incentives officially making Stephen Davis the highest paid player in the NFL", said Weinberg. Weinberg added, " If Davis rushes for a minimum of 1,200 yards, he will earn approximately $20 million for the first three years of the deal, and if he has just one more touchdown and one more yard rushing than last year, he will earn approximately $23 million over the first three years of the contract. To put this contract in perspective, if Stephen continues to perform like he did yesterday against Carolina, he will earn nearly $27 million over the next three years". COMPARATIVE 1999-2000 NFL TOP CONTRACTS (first three years of agreement) Player Contract Team ---------------------------------------------------------------------- Stephen Davis $15.75 (PLUS incentives) Washington Redskins Kurt Warner $15.7 million St. Louis Rams Keyshawn Johnson $15.5 million (no incentives) Tampa Bay Buccaneers Isaac Bruce $15.325 million St. Louis Rams Joey Galloway $14.835 (no incentives) Dallas Cowboys Marshall Faulk $14.7 million (no incentives) St. Louis Rams COMPARATIVE 2000 NFL TOP RUNNING BACK CONTRACTS (first five years of agreement) Player Contract Team ---------------------------------------------------------------------- Stephen Davis $35.75 (PLUS incentives) Washington Redskins Eddie George $27.75 million (no incentives) Tennessee Titans James Stewart $25 million (no incentives) Detroit Lions With over 20 years of experience as an NFLPA NFLPA National Football League Players Association contract advisor, Steve Weinberg has personally negotiated over 300 NFL player contracts, setting new standards for NFL negotiations. In 1983, when negotiating for Dallas Cowboys In contracts, voidable is a term typically used with respect to a contract that is valid and binding unless avoided or declared void by a party to the contract who is legitimately exercising a power to avoid the years". Recently, Weinberg scored the highest of all NFLPA certified contract advisors (98 out of 100) on the NFL Players Association competency test. Weinberg graduated from the Southern Methodist University Southern Methodist University, at Dallas, Tex.; United Methodist; coeducational; chartered 1911. The school's facilities include laboratories for electron microscopy and stable isotopes, a museum of paleontology, and a graduate research center. School of Law in 1980 and began to represent athletes even before he graduated law school. Upon graduation, he signed his first ever NFL draft The NFL Draft (officially the NFL Annual Player Selection Meeting[1]) is an annual sports draft in which National Football League (NFL) teams take turns, through seven rounds[2] client, Robert Brown Noun 1. Robert Brown - Scottish botanist who first observed the movement of small particles in fluids now known a Brownian motion (1773-1858) Brown of Virginia Tech. Brown was a fourth-round pick of the Green Bay Packers in the 1982 NFL draft. Weinberg continued representing Brown throughout his 12-year career, where Brown, a defensive end ranked #2 in all-time Packer history for consecutive games played Games played (most often abbreviated as G or GP) is a statistic used in team sports to indicate the total number of games in which a player has participated (in any capacity); the statistic is generally applied irrespective of whatever portion of the game is contested. . The next year, Weinberg's career was on the fast track when he had eight NFL clients selected in the 1983 NFL draft including cornerback Tim Lewis
Tim Lewis (born December 18, 1961 in Quakertown, Pennsylvania) is the current defensive backs coach for the NFL's Carolina from the University of Pittsburgh. Lewis was the 11th overall pick and a first-round draft pick of the Green Bay Packers in the 1983 NFL draft. Today, Lewis is the defensive coordinator for the Pittsburgh Steelers and Weinberg is one of the leading NFLPA contract advisors representing NFL players. Currently, Weinberg and TEAAM (Total Entertainer and Athlete Management) represent Redskins players Stephen Davis and safety Joshua Symonette. Additionally, Weinberg and TEAAM represent seven Baltimore Ravens players including wide receiver Travis Taylor, the Ravens first-round draft pick in the 2000 NFL draft (10th overall pick in the draft). The five-year contract Weinberg recently negotiated for Taylor is worth $10.9 million and includes a $5 million signing bonus. Additionally, Taylor received the largest contract ever given to the 10th pick in the draft. Other Ravens players represented by Weinberg and TEAAM are Kyle Richardson, Lional Dalton, Keith Washington, Spencer Folau, John Jones and Germany Thompson. Steve Weinberg and TEAAM recently led all NFL agents when they had 12 clients selected in the 2000 NFL draft. TEAAM's current client roster includes 47 NFL athletes. Some of their marquee players include Stephen Davis of the Washington Redskins; Travis Taylor of the Baltimore Ravens; Pro Bowl safety Lance Schulters of the San Francisco 49ers TEAAM is a Florida-based full-service athlete management firm overseeing contract negotiations, draft preparation, long-term financial management and player marketing (including endorsement deals, personal appearances and image development). TEAAM has offices in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. and Dallas, Texas. For more information about TEAAM, visit their website at or contact Richard Newman at 1-877-70-TEAAM. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion