Quote:
|
Originally Posted by Mecca
If Holmes files papers he will have to repay the Chiefs atleast half his signing bonus........
|
The article said that if Priest retires, they'll work out a settlement. That means he can pay back any amount from his bonus. Or none of it.
Just as one example, when Deion Sanders retired the first time, he was planning to hold out from the Redskins because he wanted out of there. Only if he held out, he'd end up losing like $6 or $7 million of his $8 million bonus if he did. So he retired instead and reached a settlement with the team where he only paid them back like $2 million. Half of half of his bonus. And that was a situation where Deion had blasted the team and said he wanted out, a tense negotiation. Hardly like the situation between Priest and KC.
If Priest decides he's done, they'll have a press conference with hugs and kisses, and DV will probably show up and bawl. They aren't going to make Priest pay back a bunch of money. And he already restructured his deal to practically the bare minimium.