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ALVIN KAMARA posts cryptic messages on social media amid contract saga
this is a discussion within the Saints Community Forum; Originally Posted by neugey Is it possible to launder dead money? Asking for a friend. In the past I have proposed the theory that Mickey Loomis actually receives a percentage kickback from the players or agents for signing them to ...
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10-24-2024, 12:12 AM
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Re: ALVIN KAMARA posts cryptic messages on social media amid contract saga
Originally Posted by neugey
In the past I have proposed the theory that Mickey Loomis actually receives a percentage kickback from the players or agents for signing them to these amazingly over market contracts. Loomis overpaid Kamara by about $5 million above market per year for 2 years. Thats $10 million. Its easy to see how Kamara or his agent (who stands to gain much in reputation for the amazing contract) might kick back $1-2 million to Loomis. However, this would be embezzlement not laundering. It is common for charming older men to steal money from the accounts of slightly older women.
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