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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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Old 10-24-2024, 12:12 AM   #1
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Re: ALVIN KAMARA posts cryptic messages on social media amid contract saga

Originally Posted by neugey View Post
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 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.
Sinner likes this.
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Old 10-24-2024, 01:23 PM   #2
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Re: ALVIN KAMARA posts cryptic messages on social media amid contract saga

Originally Posted by BakoSaint View Post
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.

I think you're probably giving Mickey too much credit. It's all about the booze and his ego at this point.
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Old 10-24-2024, 02:24 PM   #3
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Re: ALVIN KAMARA posts cryptic messages on social media amid contract saga

Originally Posted by neugey View Post
I think you're probably giving Mickey too much credit. It's all about the booze and his ego at this point.
The kickbacks could be in the form of booze. A pallet of Gilberts vodka for overpaying Kamara by 5m/yr.
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