Darrelle Revis apparently isn’t satisfied with stealing only Woody Johnson’s money.
The underachieving Jets cornerback is now looking to avoid paying several hundred thousand dollars in agent fees by taking his former confidantes to court for a red-herring lawsuit.
Revis filed a suit against former agents Neil Schwartz and Jonathan Feinsod in Westchester Supreme Court last week, according to court documents provided by CourthouseNews.com. Schwartz and Feinsod negotiated every contract in Revis’ nine-year career before the player fired them last offseason.
Although the lawsuit centers on an endorsement deal that Revis signed with Healthy Beverages, LCC, which produces Steaz, a green-tea based energy drink, the motivation behind the action makes little sense. The lawsuit alleges that Schwartz “secretly and unilaterally increased” his legal fee on the deal from 10% to 50% without informing Revis.
According to the complaint, Schwartz had Revis initial a series of pages with the legal-fee changes in January 2015 without “explaining the contents” or “giving Mr. Revis time to read it or a copy to read at a later date,” which is as believable as the notion that “Revis Island” still exists.
The pages were an addendum to a one-page agreement for the Healthy Beverages endorsement deal, which Revis signed in the meeting, according to the lawsuit. The documents prepared by Revis’ attorney say that the then-Patriots cornerback “was focused on the playoffs and the Super Bowl.”
Revis alleges that Schwartz took advantage of his divided attention, which is laughable on approximately a million levels given that he and his uncles Mark and Sean Gilbert have spent the past decade making shrewd business decisions with careful consideration.
The lawsuit is over a high four-figure/low-five figure amount, which makes it that much more puzzling. Why would a player with about $50 million in the bank make a stink over such a relatively nominal amount of money?
Schwartz’s attorney Mario Aieta refuted all of Revis’ claims in a phone interview with the Daily News.
“The allegations are false,” he said.
Revis fired Schwartz and Feinsod a year after the agents negotiated a five-year, $70 million contract — with $39 million fully guaranteed — with the Jets. Schwartz and Feinsod negotiated deals throughout Revis’ career that netted him an eye-opening $124.2 million in cash from three different teams. Jets owner Woody Johnson has paid the cornerback $96.2 million… and counting.
Aieta believes that Revis filed the lawsuit in an attempt to avoid paying Schwartz and Feinsod the agent fees they’re owed on the cornerback’s most recent megadeal.
Revis has not yet paid Schwartz and Feinsod their commission for the $17 million he’s “earning” from the Jets this season. The 31-year-old Revis, whose lack of effort and poor production have been on display this season, is scheduled to make $15 million next year, including $6 million guaranteed. The Jets will almost certainly ask him to take a severe pay cut or release him after this disastrous season. Revis will owe Schwartz and Feinsod at least the two percent agent commission on $23 million, or $460,000.
Aieta called Healthy Beverages lawsuit “a waste of time” and made it clear that he filed for arbitration “pursuant to the NFL Players Association” rules.
“There is a list of precedent as long as my arm suggesting that this is going to be arbitrated,” he said. “It’s not going to go anywhere in Westchester County Court.”
Revis’ end-game is as clear as his poor play this year: He took his former agents to court with the hope that they will be found “guilty” of the charges, so that the NFL Players Association will reprimand them.
Reduced to simplest terms, Revis wants Schwartz and Feinsod to forfeit the remaining agent fees on his current monster contract.
With DANIEL POPPER
Source: NY Daily News Headlines Sports News