A new report has surfaced that Washington Redskins running back Derrius Guice is being sued by his former agent, Fadde Mikhail, for $500,000.
According to the Washington Times, Mikhail, who represented Guice for four months before the RB signed with Lil Wayne’s Young Money sports agency, filed the suit in California on March 31, seeking damages.
In the suit, Mikhail claims he loaned Guice $191,000 in early 2018. He also alleges he’s entitled to 15% for the deals negotiated during his time as the running back’s agent. It is common practice for agents to loan money against future earnings to help them with their pre-draft expenses.
In the lawsuit, Mikhail claims that he negotiated a $260,000 contract with Nike for Guice, a $35,000 deal from Hyundai, a $50,000 trading card deal, an autograph deal that would have paid up to $600,000 in signings and appearances, and more.
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