BakoSaint

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.

TheOak

He may have made some questionable decisions in his personal life but he is not a fool. I also thought about Lattimore when i saw his contract value looking some things up for Kamara.

What Kamara and/or his agent knows:
1. The Saints have a long track record of being lazy and holding on to players way too long and often paying them more after they should have been gone. I am not even sure this is arguable at this point after Smith, Graham, Peat, Sproles.. The list is very long of namesakes held on to.

2. 'Market value' is not the be-all end-all measurement of a players value unless he is on the market and is a better metric for commodities. Market value doesn't work well for one-offs either and is also very much dependent on what else is on the market. It tends to be the metric that people who do not understand value lean upon because it' simple and tangible but they do not know where those numbers come from.

Black Mamba Antivenom has a market value of $125/vial (6-15 vials is a treatment). Would you pay $1,875 right now for the 15 vials? no..... If you were just bitten you would hand them your check book.

neugey

I think you're probably giving Mickey too much credit. It's all about the booze and his ego at this point.

BakoSaint

The kickbacks could be in the form of booze. A pallet of Gilberts vodka for overpaying Kamara by 5m/yr.