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JOHNSON LOOKING AT A HALF MILLION PRICE TAG TO BECOME “OCHO CINCO”?
Posted by Mike Florio on September 9, 2008, 2:15 p.m. EDT
[url="http://www.profootballtalk.com/2008/09/09/johnson-looking-at-a-half-million-price-tag-to-become-ocho-cinco/"]http://www.profootballtalk.com/2008/09/ ... cho-cinco/[/url]
There have been no concrete developments in the ongoing saga of Chad Ochocinco since the NFL stepped in on Sunday and prevented the receiver formerly known as Chad Johnson from wearing a jersey sporting his new legal surname.
The issue is the NFL’s contractual commitment to Reebok, and whether Johnson will pay the production costs for the unsold inventory of “C. Johnson” jerseys.
Geoff Hobson of Bengals.com suggests that, for a player of Johnson’s stature, the number will be in range of $500,000.
In 2007, Raiders receiver Jerry Porter was told that he couldn’t change his number from 84 to 81 without forking over $210,000 to cover the costs of unsold jerseys. Last week, rookie linebacker Keith Rivers bought the unsold inventory of jerseys with his prior number (5
so that he could change to his desired number, 55.
We’re still amazed by the fact that the NFL has allowed one of its partners to contractually foist these expenses onto the league and its players. Then again, since the ultimate bill is paid by the players, maybe the league didn’t really care.
One group about which no one seems to care are the folks who bought the jerseys that become worthless. Though Reebok got its money back for the Keith Rivers jerseys bearing a number that he’s no longer wearing, that kid in Georgetown who used his paper route money to buy a “Rivers 58? is now screwed.
In Johnson’s case, the irony is that his offseason antics surely prompted sales of his jersey to drop, meaning that there are more of the unsold items in stock than there would have been if he’d not launched a relentless campaign to be traded.
So now the question is whether the notoriously cheap Chad Johnson will fork over the money necessary to become Chad Ocho Cinco.
Meanwhile, we doubt that the supply of jerseys bearing his former name will be shrinking.
Posted by Mike Florio on September 9, 2008, 2:15 p.m. EDT
[url="http://www.profootballtalk.com/2008/09/09/johnson-looking-at-a-half-million-price-tag-to-become-ocho-cinco/"]http://www.profootballtalk.com/2008/09/ ... cho-cinco/[/url]
There have been no concrete developments in the ongoing saga of Chad Ochocinco since the NFL stepped in on Sunday and prevented the receiver formerly known as Chad Johnson from wearing a jersey sporting his new legal surname.
The issue is the NFL’s contractual commitment to Reebok, and whether Johnson will pay the production costs for the unsold inventory of “C. Johnson” jerseys.
Geoff Hobson of Bengals.com suggests that, for a player of Johnson’s stature, the number will be in range of $500,000.
In 2007, Raiders receiver Jerry Porter was told that he couldn’t change his number from 84 to 81 without forking over $210,000 to cover the costs of unsold jerseys. Last week, rookie linebacker Keith Rivers bought the unsold inventory of jerseys with his prior number (5
so that he could change to his desired number, 55.We’re still amazed by the fact that the NFL has allowed one of its partners to contractually foist these expenses onto the league and its players. Then again, since the ultimate bill is paid by the players, maybe the league didn’t really care.
One group about which no one seems to care are the folks who bought the jerseys that become worthless. Though Reebok got its money back for the Keith Rivers jerseys bearing a number that he’s no longer wearing, that kid in Georgetown who used his paper route money to buy a “Rivers 58? is now screwed.
In Johnson’s case, the irony is that his offseason antics surely prompted sales of his jersey to drop, meaning that there are more of the unsold items in stock than there would have been if he’d not launched a relentless campaign to be traded.
So now the question is whether the notoriously cheap Chad Johnson will fork over the money necessary to become Chad Ocho Cinco.
Meanwhile, we doubt that the supply of jerseys bearing his former name will be shrinking.
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