Perkins Sued

gotta pay up perk!

Jeff, your math is wrong…

.066312997 percent is not what you used in your equation. What you used represents 6.6312997 percent.

Perkins owes him exactly 1/100th of what you quoted, or, $10,610.08. This is given that the article is correct…which for some reason I question.

I don’t know if it is $10K or $1 million Perk owes. If it is $10,000, for crying out load Perk, pay the man what you agreed upon. If it is $1 million than shame on him and shame on the Celt organization for not attempting to assist and guide these youngsters so this type of fiasco doesn’t happen.

I was in agreement with the Celts gambling on talented high school youth when the craze hit a few years ago. I do think Celt management though has not done a good job with the younger players given them the guidance, mentoring, etc needed. This is one more example IMO if Perk owes major $$$ of the Celt organization not nuturing these kids along properly. You reap what you sow.

You beat me to it kgiessler. But something tells me the article is incorrect. Who sues to collect 10 grand? The lawyer’s retainer is considerably more than that. But even if it’s 6%, why should Perk have to pay now on money he hasn’t received?

I remember when Vin Baker got sued by a Seattle assistant coach, who had been hired to facilitate a trade to Boston, i.e. to convince the Celtics that he really wasn’t an alcoholic (or something like that). I’m sure the Sonics were paying the guy too lol.

If the article is incorrect and Perkins actually signed to pay almost 7% of his future basketball earnings, he does need some kind of guardian. He just needs someone else to negotiate the hiring!

bceltfan-“. I do think Celt management though has not done a good job with the younger players given them the guidance, mentoring, etc needed.”
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Respectfully disagree. We don’t know the facts about the Perk situation so we shouldn’t judge. Other than this possible problem there are no other important situations involving the C’s high school draftees.

Did this guy act as Perkins’ agent to negotiate his extension? The NBA Players Association’s agent guidelines used to provide that a “full service” agent could be paid up to 4% of the players contract. I don’t know if those guidelines are still in force. 6.6% seems a little excessive, especially since the guys apparently isn’t negotiating any of Perkins endorsement deals (which may be one reason why Perkins doesn’t appear to have any).

If Perk signed a guy to be both his trainer and tax advisor he deserves to be fleeced of $1.0 million. And if Perk gave a guy 6% he’s one of the dumber guys in the league and that’s saying a lot.

My only hope is that Perk hasn’t met his Don King…What price glory?

Much more objective info needed…