Dallas Cowboys rookie wide receiver Dez Bryant, knows how to get on the good side of his teammates spending $54,896 on one meal for the entire team.
Bryant originally only planned to take the offensive players out, but the defense also ate at the expense of Bryant.
The big winners in the situation were the players eating out on Bryant’s money, plus the Pappas Brothers steakhouse had to be ecstatic over receiving $54,896.
Nobody has claimed Bryant to be a good manager of money as he has been sued for $850,000 for bills he ran up in anticipation of him signing a a multi-million dollar contract.
One man is suing Bryant for $588,500 worth of jewelry, $15,850 in tickets and $11,000 in cash. Bryant agreed to pay what he owed the man by July 30, 2010. This is not totally Bryant’s fault, but he still should have made sure his agent paid this money on time. His agent should have told Bryant, this money has to be repaid or you will end up in court.
Now in addition to the money owed, Bryant will have to pay lawyer fees, when it should have been taken care of months ago.
A good agent would have told Bryant not to spend any money, until the contract was actually signed. Athletes today need sound financial advice on how to spend this much money. If he had been in a car accident that crippled him for life, there would be no way to pay the $850,000 back, if he hadn’t signed a contract.
Maybe the people who lend money to players, in advance of them signing a contract, will think it over because of the Bryant case and let someone else lend them the money.
Bryant also owes a New York company $246,000 for jewelry purchases. How much jewelry does Bryant need? Why did he buy six men’s watches?
If Bryant doesn’t get his finances straightened out he will suffer the fate of M.C. Hammer and find himself penniless by the time he retires.
Hopefully Bryant and his agent learned a lesson from these lawsuits.