ALVIN KAMARA posts cryptic messages on social media amid contract saga

BakoSaint · 10-24-2024, 12:12 AM

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 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.

10-24-2024, 12:12 AM	#37
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,415	Re: ALVIN KAMARA posts cryptic messages on social media amid contract saga 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 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.
BakoSaint 1000 Posts + Join Date: Dec 2018 Posts: 2,415