upshaw's $15 mill fund angers retire players.
This is the Stuff HATED about upshaw- he looked out for himself, but never his other retired players!.. he screwd the reitired players,while blaiming the owners, when it was his own fault, for making such bad plans , that only recently got fixed- and even worse secretely gave himself a $15 mill fund, while giving the retire players zippo at end
Gene upshaw's $15 mll fund angers retired players
Was highest paid union chief in pro sports Aaron Wilson
The late union chief Gene Upshaw's family has been fighting over a $15 million deferred comepnsation fund that was paid to his wife, according to the Washington Post.
Upshaw's large compensation has angered retired players who feel that the former Oakland Raiders lineman didn't fight for their rights as much as he did current players. Upshaw died in 2008.
Former Washington Redskins and Baltimore Colts linebacker Bob Grant was critical of Upshaw in remarks to the Washington Post. Grant is among a group of retired players suing the NFL Players Association and Players Inc., the NFLPA marketing arm.
“Wherever Gene is, he should be ashamed of himself, and his family should be ashamed for taking that money,” Grant said. “We have great players from the past who played 10 years or more collecting no more than $200 per month."
Added former Cleveland Browns defensive back Bernie Parrish: “There’s no other union leader in this country who was compensated at the same rate as he was compensated."
Parrish was involved in a $28 million class-action suit against Players Inc. in 2008.
Per the report, Upshaw 's widow was paid $15 million as well as $1.73 ,million in "past due compensation."
Upshaw was paid $4.3 million in 2006 as well as a $2.4 million bonus from Players Inc.
According to government records, Upshaw was paid a $4.3 million salary in 2006 and a $2.4 million bonus from Players Inc. That made him the highest paid union leader in all professional sports.
Upshaw had eight luxury vehicles, a boat and a home in Lake Tahoe in addition to his residence in Great Falls, Va.