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Ray Rice likely to keep $25 million
CNN Money ^ | September 8, 2014: 5:53 PM ET | By Chris Isidore

Posted on 09/08/2014 4:52:55 PM PDT by 11th_VA

Football's Ray Rice will probably get to keep about $25 million that he's been paid, even after he was cut by the Baltimore Ravens in the wake of domestic abuse revelations

snip ... Rice signed a 5-year, $35 million deal in 2012, $15 million of which was a signing bonus. He got another $7 million bonus in 2013, and also collected $3 million in salary over the first two years of the contract.

But almost none of that $25 million can be clawed back by the Ravens or the NFL, according to Mike Ginnitti, managing editor of Spotrac, a Web site which tracks professional sports contracts.

Rice probably will lose the $9.5 million in salary that he would have received for this year through the end of 2016.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Culture/Society; Extended News; News/Current Events; US: Maryland
KEYWORDS: crime; rice
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How do I get a deal like that ???
1 posted on 09/08/2014 4:52:55 PM PDT by 11th_VA
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To: 11th_VA

Maybe his battered lady could sue him for some and move on away from that creep. How soon would he attack her again and what was the reason he attacked her in the first place? She looked at some other guy???


2 posted on 09/08/2014 4:54:40 PM PDT by SkyDancer (I Was Told Nobody Is Perfect But Yet, Here I Am)
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To: 11th_VA

Doesn’t matter. He’ll be broke within two years.


3 posted on 09/08/2014 4:54:56 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: 11th_VA

I wonder if he’s smart enough to hang on to it?


4 posted on 09/08/2014 4:55:01 PM PDT by bandleader
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To: 11th_VA

WHOA seriously???


5 posted on 09/08/2014 4:55:21 PM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: Texas Eagle

Sooner than that. She will divorce him, get half, the lawyers the other half.


6 posted on 09/08/2014 4:56:18 PM PDT by Fungi
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To: 11th_VA

I believe she will get the lion’s share of that money.


7 posted on 09/08/2014 4:56:23 PM PDT by NonValueAdded ("Kerry, as Obama's plenipotentiary, is a paradox - the physical presence of a geopolitical absence")
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To: bandleader
I wonder if he’s smart enough to hang on to it?

He's probably p!ssed most of it away already.
8 posted on 09/08/2014 4:57:30 PM PDT by DJlaysitup
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To: 11th_VA

Otherwise;... “Show me the fiat Obama money...”


9 posted on 09/08/2014 5:02:39 PM PDT by hosepipe (" This propaganda has been edited (specifically) to include some fully orbed hyperbole.. ")
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Taxes will eat a lot of that paid money if it already hasn’t.


10 posted on 09/08/2014 5:02:50 PM PDT by deport
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To: 11th_VA
Let's assume that he's 25 and let's assume he lives to 80.Let's also assume he gets to keep half of he money after taxes.If I had an inflation adjusted $12 million at age 25 I could have lived comfortably lived for 55 years on that money (principle and interest) and probably could have left a few dollars behind.
11 posted on 09/08/2014 5:03:18 PM PDT by Gay State Conservative (Islamopobia:The Irrational Fear Of Being Beheaded)
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To: 11th_VA

How long until he’s an analyst for the NFL Network or ESPN? I say within 6 years.


12 posted on 09/08/2014 5:10:04 PM PDT by cdcdawg
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To: 11th_VA; All

I would be mindful to watch for how the league and the sports media “lament” about the “what could have been” syndrome next to any “Ray Rice” categories...

There will probably be some “*” next to his name whenever he is on those lists...

example:

Ray Rice (2014)*

I mean it really is such a fickle social condition when someone could get banned for life for “betting” on a sport they participate in, yet someone like this can get a 2 game suspension for almost killing someone...

Just because you are contracted to make millions of dollars to entertain people doesn’t mean you are above the law or social scrutiny...

I would publically shame every single sports writer or promoter for ever uttering this schmups name ever again...


13 posted on 09/08/2014 5:15:54 PM PDT by stevie_d_64 (I will settle for a "perfectly good, gently used" kidney...Apply within...)
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To: 11th_VA

He should man up and donate part of that to a foundation that helps NFL wives suffering from concussions.


14 posted on 09/08/2014 5:21:33 PM PDT by FlingWingFlyer (Don't just stand there! Help fight political correctness!)
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To: SkyDancer

I doubt it. He beat the crap out of her and she still married him.


15 posted on 09/08/2014 5:26:45 PM PDT by Blood of Tyrants (The cure has become worse than the disease. Support an end to the WOD now.)
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To: cdcdawg
How long until he’s an analyst for the NFL Network or ESPN? I say within 6 years.

I say never.

16 posted on 09/08/2014 5:26:46 PM PDT by Tonytitan
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To: 11th_VA

A lot of Ravens fans were initially disappointed that his suspension was so short. As bad as he was over the past year or so, I say good riddance.


17 posted on 09/08/2014 5:30:40 PM PDT by Palio di Siena
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To: Blood of Tyrants

Something called co-dependency. I wanted to get a book on it but couldn’t find anyone to go with me.


18 posted on 09/08/2014 5:31:17 PM PDT by SkyDancer (I Was Told Nobody Is Perfect But Yet, Here I Am)
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To: SkyDancer

She chose to marry him so maybe the beating is worth the money she thought he’d continue to make in football.


19 posted on 09/08/2014 5:33:15 PM PDT by rabidralph
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To: cdcdawg

he’ll be playing next year..bet on it


20 posted on 09/08/2014 5:38:33 PM PDT by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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