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Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 12:02 am
by NY Pony
Well, I said I had dirt. turns out its worse than I had.

Re: Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 12:48 am
by WildBillPony
Seems to me that as a last ditch effort to avert bankruptcy, he tried to engineer an ASU/June deal to score a big pay-day, and when that blew up in his face, he filed.

Re: Re: Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 12:57 am
by RGV Pony
WildBillPony wrote:Seems to me that as a last ditch effort to avert bankruptcy, he tried to engineer an ASU/June deal to score a big pay-day, and when that blew up in his face, he filed.


Hard not to consider that possibility

Re: Re: Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 1:18 am
by East Coast Mustang
RGV Pony wrote:
WildBillPony wrote:Seems to me that as a last ditch effort to avert bankruptcy, he tried to engineer an ASU/June deal to score a big pay-day, and when that blew up in his face, he filed.


Hard not to consider that possibility

Was ASU really offering that much more than JJ already makes at SMU?

Really doubt he would double down on that in an attempt to salvage himself

Re: Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 1:20 am
by RGV Pony
No idea. If it was 2.2 for 5 years does he get 10% over the five years ? Or what's the going rate for an agent

Re: Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 3:00 am
by PonyFan
I wonder if they even tried to contact him, or if they wrote this only by re-hashing what is out there on the interwebs.

Re: Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 6:53 am
by Insane_Pony_Posse

Re: Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 11:44 am
by jtoutloud
WildBillPony wrote:Seems to me that as a last ditch effort to avert bankruptcy, he tried to engineer an ASU/June deal to score a big pay-day, and when that blew up in his face, he filed.


I agree with this but I am not sure it would be enough coin to make a significant dent in his debts.

Re: Steinburg bankruptcy hits June Jones

Posted: Tue Jan 17, 2012 2:17 pm
by Junior
Insane_Pony_Posse wrote:why does this dude need bodyguards all the time?

http://www.tmz.com/2011/12/22/leigh-steinberg-sports-agent-bench-warrant-issued/

becuase people want to sue him