Friday, November 9, 2007

Goin for Broke?

How can you be a millionaire one day and a regular old joe the next? Ask Marion Jones perhaps; due to fighting court battle fees, her homes foreclosing and losing all of her endorsements. My question is, earning an average total of $80,000 a race and millions from endorsements-why isn't there any saved? In a way, after all of the hoopla I do feel bad for her-I mean she loses all that she has known-her career, the people she trusted, her coaches, her endorsements, etc....

"Jones’ financial woes were revealed in a 168-page deposition in a
breach-of-contract suit she filed in Dallas against veteran track coach Dan
Pfaff. Pfaff countersued and won a judgment against Jones for about $240,000
in unpaid training fees and legal expenses."

What does one do after all of this? Do they get a regular job and go on with their life like nothing happened? Well, that's up to her I'm guessing, but what would you do? Also everyone that is involved seems to be getting stirred up in this controversy; her agent for example. He plead guilty to bank fraud on Friday, It would be the first time an agent has “been decertified through this process,” Masback said, CEO of the USATF.

"In a case that also involved Jones’ coach and the father of her child, Wells entered a guilty plea in federal court in March. Prosecutors said he played a minor role in a scam that used track and field figures to cash and launder millions of dollars in forged or counterfeit checks over several years."

Knowing the fate of Jones' agent has not been decided yet, but from the looks of things, he might as well be banished from the field. Anyone associated with the Jones's camp from now on will most likely be looked down upon and associated with her fall.

Like I have stated before, as sad as it is-Marion Jones is done. Her career, her character, and most of all the little girls who looked up to her no longer can because she is a fraud. She knew what she was getting herself into, she is a big girl who can make adult decisions and now she has to live with the consequences.

2 comments:

Anonymous said...

All I have to say about professional athletes is that they are professional athletes, not rocket scientists. It really is unexplainalbe how these athletes lose so much money. Maybe Jones took stock tips from "Iron" Mike Tyson. What could they be spending so much money on? Is it the drugs?

Still though, how could anyone look themselves in the mirror after cheating this badly.
Floyd Landis, in my opinion, is one of the worst. His story was such a good one that it makes his downfall even sadder. Landis followed Lance Armstrong 7 consecutive Tour de France victories by winning one of his own. What made this really impressive was that he went through the race on a bad hip. He was later busted for doping and has denied it vehemently. Each failed drug test that has followed has made Landis look more and more foolish. http://en.wikipedia.org/wiki/Floyd_Landis
Jones really has dug her own grave on this one too. Olympic officials are working to remove her name from all the record books. Despite it all, I still feel sorry for her which is odd because I feel nothing but contempt for Barry Bonds...

P-Treezy said...

All of this is unfortunate, but it also begs the question: Is Marion Jones getting what she deserved. She lied more than once about her steroid use to the media, officials and most importantly her fans. Now, I liked her just as much as the next person, but I would say that an example has to be set with athletes. Either you're doing what you are supposed to or not. You're telling the truth and playing by the book or you're not. She, like every other athlelte can't pick and choose. Maybe what happened to her will show other athletes what road NOT to take.