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Ricky Hearing Set

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http://www.finheaven.com/news/1493/

RICKY HEARING SET

Retired running back Ricky Williams will have a hearing Tuesday against the Dolphins to determine if he must pay the $8.6 million they claim he owes.

NFL Players Association attorney Richard Berthelsen said Wednesday he will be in Miami to argue on Williams' behalf against attorneys from the NFL. The hearing will be in front of arbitrator Richard Bloch. There likely will not be a decision that day.
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I know everyone is sick of hearing about him but thought some of you might want to know whether or not he has to pay the money back.
 
Wow, I wonder if the Dolphins can really get away with this. I can imagine the court swinging in the favor of a father over a football team. But if its as cut and dry in favor of the Dolphins as many people have been saying, I guess Ricky is as screwed as a wild dingo in heat.

Hey Ricky, :tongue: .
 
I'm sure whether he's a father or not, has no bearing whatsoever on the decision.

I think they are going to rule that he pay back half of his incentive money.
 
I'm not salary cap savy at all so I will ask this dumb question....

does this affect our salary cap?
 
stork48 said:
I'm not salary cap savy at all so I will ask this dumb question....

does this affect our salary cap?
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Unfortunately the loss of Ricky will actually hurt our salary cap.

But I'm not salary cap savy either. :D

All kidding aside, I don't know. Anyone out there have any idea?
 
I know we gained almost 4 million in cap space when he retired. 3.8, I think...

These proceedings mean squat to the cap.
 
So does the money go back into Wayne's personal pockets?
 
The money would definitely go back in the Wayne's pockets. This is incentive money (I believe as I am not very savvy of the exact contract details) that has already been paid to Ricky and the Phins are trying to recoop it.

I dont hate Ricky (although I do wish he would get bitten by a poisonous snake or some other sort of rodent while sleeping in tents around the world) but if you sign a contract that specifically states that you will have to pay back all incentive money if you retire/QUIT (which is what he really did) early than you should have to pay it. If any of us signed a contract we would be held liable for all that was stated within without question. So now because he is a father he is ready to call foul? There are a lot of fathers out there that could only dream of having the money that Ricky has in his pocket right now.
 
NealKerouac21 said:
The money would definitely go back in the Wayne's pockets. This is incentive money (I believe as I am not very savvy of the exact contract details) that has already been paid to Ricky and the Phins are trying to recoop it.

I dont hate Ricky (although I do wish he would get bitten by a poisonous snake or some other sort of rodent while sleeping in tents around the world) but if you sign a contract that specifically states that you will have to pay back all incentive money if you retire/QUIT (which is what he really did) early than you should have to pay it. If any of us signed a contract we would be held liable for all that was stated within without question. So now because he is a father he is ready to call foul? There are a lot of fathers out there that could only dream of having the money that Ricky has in his pocket right now.
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exactly, I dont give a **** if ricky has 15 kids. He signed a legal document saying if he retired/quit before his contract expired, he would have to give the money back. This should be an open and shut case in the courts. If he didnt like it, he shouldnt have signed the contract.
 
Did'nt the Lions fail to recoup any money from Sanders when he retired?
 
Actually the Lions did recoup money from Sanders. So that could be a bad sign for Ricky.

Here is the link. http://www.showmenews.com/2004/Jul/20040727Spor006.asp

And the part of the article talking about it.
The recoupment of a signing bonus from a retiring player isn’t unprecedented. When Detroit Lions tailback Barry Sanders retired in 1999, he was forced to return a portion of the $11 million signing bonus he received in 1997 as part of a six-year, $36 million contract.
 
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