DeSean Jackson Lost Up To $14 Million When The Eagles Cut Him
On the same day that NJ.com published a report alleging "connections with reputed gang members," DeSean Jackson was released by the Philadelphia Eagles, a move that may end up costing the wide receiver $14 million.
If Jackson had completed his contract with the Eagles, he would have made $50.8 million. Escalators in his contract could have pushed it to $51.5 million with another season in 2014 similar to the one he had in 2013.
By signing a 3-year, $24 million contract with the Redskins, Jackson's career earnings through 2016 can only reach $45.5 million. That figure will be just $37.5 million if the Redskins pay just the guaranteed amount of the deal ($16 million) which would increase Jackson's losses to $14.0 million.
BusinessInsider.com
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