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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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To: Royal Wulff
Is Ray Rice the same guy who killed that kid in Atlanta?

You are thinking of Ray Lewis.

Ray didn't do the stabbing; his buddies did that. He drove the getaway car and disposed of the bloody garments and lied to the police until the District attorney came and hugged him and gave him a plea deal in exchange for an autograph.

61 posted on 09/09/2014 6:55:31 PM PDT by Castlebar
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To: 11th_VA

An arbitrator will get him his job back.He was never charged (so he was never convicted)
Maybe not this year, but it will happen.

If he completes his diversion program, he’ll get his job back. Double jeopardy also applies to employment law.


62 posted on 09/10/2014 1:36:31 PM PDT by TurboZamboni (Those who make peaceful revolution impossible will make violent revolution inevitable.-JFK)
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