Reedy/WMG Split

Adam43
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11/7/2017 6:59am
RandyS wrote:
I don't know anything about it but I just happen to have read an interview with snowboarder Kevin Jones, read it if you want to know...
I don't know anything about it but I just happen to have read an interview with snowboarder Kevin Jones, read it if you want to know the truth about his douchey agent. https://snowboardmag.com/stories/interviews/the-reluctant-super-pro-a-k…
The only one who comes across douchey in that piece is Jones himself.

11/7/2017 7:02am
UpTiTe wrote:
Motocross agents are stupid idea, nothing but a bunch of ex rider good ole boys club who have zero contract law experience.
twotwosix wrote:
That simply is an ignorant statement.

Explain, because I can give you several reason for my argument.
11/7/2017 7:17am
First and foremost, every person needs to continue to ask questions with whom ever they are dealing with. That goes from your doctor to car mechanic. What are you doing, what have you done and how much value am I getting from their services and most important, is their cost justifiable. Only the client can answer that question.

I just read an article about Jordy Nelson. He views himself as a farmer and not a multi-million dollar NFL player. It's not right or wrong how we view ourselves.
TXDirt
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11/7/2017 8:07am
You have to be somewhat involved/engaged in the management of your money/career.

Jones was extremely lazy and gullible. Couldn't even pay his own bills? Sucks he was taken advantage of. But this is what happens when you have really no education, and by education this could be school or the school of hard knocks. He said he had people kissing his butt from 18 to his mid thirties. He sounds like an kid who never grew up and now has to face harsh realities of his decisions or lack thereof.

The Shop

SoCalMX70
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11/7/2017 8:30am Edited Date/Time 11/7/2017 8:31am
TXDirt wrote:
You have to be somewhat involved/engaged in the management of your money/career. Jones was extremely lazy and gullible. Couldn't even pay his own bills? Sucks he...
You have to be somewhat involved/engaged in the management of your money/career.

Jones was extremely lazy and gullible. Couldn't even pay his own bills? Sucks he was taken advantage of. But this is what happens when you have really no education, and by education this could be school or the school of hard knocks. He said he had people kissing his butt from 18 to his mid thirties. He sounds like an kid who never grew up and now has to face harsh realities of his decisions or lack thereof.
I like how a couple people are knocking this guy when half the article is him admitting he made mistakes. The other half is him articulating the very fact that he never had a chance to grow up and was eventually blindsided by reality.

Shitty deal for Jones. He's obviously figuring things out now. As far as his agent goes, 2 sides to every story. Still, if Jones was written out of the company without being consulted... If that is in any way true, douche move.
gt80rider
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11/7/2017 8:57am
newmann wrote:
What I got out of it was that the commercialization of the sport turned snowboarding into a half pipe X-Games spectacle. Just like MX , took...
What I got out of it was that the commercialization of the sport turned snowboarding into a half pipe X-Games spectacle. Just like MX , took a sport that was all about participation and turned it into the circus act we call SX.
A little piece of gold there.

Mx has transformed from a participation sport into spectator sport.

People love watching mx on the tube, even muggles, but very few wanna go out and buy a bike or actually ride after watching it. And for good reason, right? There are giant triple jumps, that at least subconsciously, affect people knowing there is no way in hell they could do that, or if they did it would mean an ER visit. The guys going 50 mph down a ridiculously rutted/whooped out section, freestylers landing double backflips with ease, etc. What they watch is something that is impossible to them, so why even try riding?
jbutton
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11/7/2017 9:31am
I felt I needed to step in here and say something. Most of you on here know me, and know where I work.

Kevin is bitter and has had problems which I won’t care to discuss out of respect for someone that has battled inner demons in life. What I will tell you is that he never had equity in The Familie, and when Steve “PARTNERED” with WMG, Kevin wasn’t owed anything. I “SOLD” my company to The Familie prior to the WMG merger I got a check as well as a job that I’m still doing 14 years later.

In those 14 years we have had clients come and go, but the vast majority have stayed, obviously they leave when they retire, and some leave for what they consider greener pastures. What I can tell you is that in those 14 years I have seen Steve put his clients first, before himself or his family for that matter. On more than one occasion, I have seen him save careers much like what he did with Kenny earlier this year.

A lot of you are criticizing Steve, WMG, and when you do that, you blanket the “agent” term, so you are in effect disrespecting all of us in that field. I have had only a couple of rough times with clients which aren’t enjoyable as I take it very personally. I see some comments saying that we are just a good ole boy network of ex-riders without any contract law experience, which I find interesting, and misinformed. The fact is that we have on staff some of the finest attorneys in the world. Yes, it is true I have not personally been to law school, but my job isn’t to finalize the legal verbiage in the agreement. Do you actually think a company with 600+ employees doesn’t have fantastic attorneys. And, for the record after reading thousands of agreements over the course of 15 years I have a pretty good understanding of contract law. Experience does count for something!

If you want to know what we do for our clients why don’t you ask some of them for yourself. I have clients that I’ve been representing for 15 years already and I’m sure they would set you straight on the advantages to having someone in their corner battling it out for them. Steve has clients he has had for nearly 20 years. You don’t have longevity like that by screwing people over, whether in this business or any other. Some companies in the industries we work within don’t like us, and that’s because if the athlete has proper representation it is difficult for them to take advantage of that athlete. There are other major companies within action sports as a whole that have changed their agreements due to us showing them why their agreements were unfair.

To Mr. UpTiTe, again your statement is false in many ways, especially being directed our way. I might agree with you about a single individual doing this without any law school and no support staff, but that isn’t the case with us. Also, I can tell you with the amount of effort it takes to compete at the highest level a rider cannot do this alone. You must have help or you will leave millions on the table and not have favorable terms in your agreements. I can give you several more reasons but this should suffice.

I will close with this, there are two side to almost every story except for when there isn’t, and in this case there isn’t.


Wasserman Media Group
Jimmy Button Vice President, Action Sports and Olympics
mmcmx
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11/7/2017 9:42am
newmann wrote:
What I got out of it was that the commercialization of the sport turned snowboarding into a half pipe X-Games spectacle. Just like MX , took...
What I got out of it was that the commercialization of the sport turned snowboarding into a half pipe X-Games spectacle. Just like MX , took a sport that was all about participation and turned it into the circus act we call SX.
Thats what I got out of it too.
Mini Elsinore
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11/7/2017 12:00pm
I believe JButton is telling it as he sees it, which is entirely fair. And now also, JButton understands how we as fans feel when we are tarred and feathered with a stereotype due to our participation on Vital..... I have a loooong memory when it comes to "industry" folks trying to take posters to the woodshed.
imoto34
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11/7/2017 12:09pm
UpTiTe wrote:
Motocross agents are stupid idea, nothing but a bunch of ex rider good ole boys club who have zero contract law experience.
twotwosix wrote:
That simply is an ignorant statement.

UpTiTe wrote:
Explain, because I can give you several reason for my argument.
Let's hear the several reason for your argument you fairy.
JBlain619
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11/7/2017 12:14pm
jbutton wrote:
I felt I needed to step in here and say something. Most of you on here know me, and know where I work. Kevin is bitter...
I felt I needed to step in here and say something. Most of you on here know me, and know where I work.

Kevin is bitter and has had problems which I won’t care to discuss out of respect for someone that has battled inner demons in life. What I will tell you is that he never had equity in The Familie, and when Steve “PARTNERED” with WMG, Kevin wasn’t owed anything. I “SOLD” my company to The Familie prior to the WMG merger I got a check as well as a job that I’m still doing 14 years later.

In those 14 years we have had clients come and go, but the vast majority have stayed, obviously they leave when they retire, and some leave for what they consider greener pastures. What I can tell you is that in those 14 years I have seen Steve put his clients first, before himself or his family for that matter. On more than one occasion, I have seen him save careers much like what he did with Kenny earlier this year.

A lot of you are criticizing Steve, WMG, and when you do that, you blanket the “agent” term, so you are in effect disrespecting all of us in that field. I have had only a couple of rough times with clients which aren’t enjoyable as I take it very personally. I see some comments saying that we are just a good ole boy network of ex-riders without any contract law experience, which I find interesting, and misinformed. The fact is that we have on staff some of the finest attorneys in the world. Yes, it is true I have not personally been to law school, but my job isn’t to finalize the legal verbiage in the agreement. Do you actually think a company with 600+ employees doesn’t have fantastic attorneys. And, for the record after reading thousands of agreements over the course of 15 years I have a pretty good understanding of contract law. Experience does count for something!

If you want to know what we do for our clients why don’t you ask some of them for yourself. I have clients that I’ve been representing for 15 years already and I’m sure they would set you straight on the advantages to having someone in their corner battling it out for them. Steve has clients he has had for nearly 20 years. You don’t have longevity like that by screwing people over, whether in this business or any other. Some companies in the industries we work within don’t like us, and that’s because if the athlete has proper representation it is difficult for them to take advantage of that athlete. There are other major companies within action sports as a whole that have changed their agreements due to us showing them why their agreements were unfair.

To Mr. UpTiTe, again your statement is false in many ways, especially being directed our way. I might agree with you about a single individual doing this without any law school and no support staff, but that isn’t the case with us. Also, I can tell you with the amount of effort it takes to compete at the highest level a rider cannot do this alone. You must have help or you will leave millions on the table and not have favorable terms in your agreements. I can give you several more reasons but this should suffice.

I will close with this, there are two side to almost every story except for when there isn’t, and in this case there isn’t.


Wasserman Media Group
Jimmy Button Vice President, Action Sports and Olympics
Thanks for coming on and clearing the air Jimmy!
kkawboy14
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11/7/2017 12:19pm Edited Date/Time 11/7/2017 12:21pm
jbutton wrote:
I felt I needed to step in here and say something. Most of you on here know me, and know where I work. Kevin is bitter...
I felt I needed to step in here and say something. Most of you on here know me, and know where I work.

Kevin is bitter and has had problems which I won’t care to discuss out of respect for someone that has battled inner demons in life. What I will tell you is that he never had equity in The Familie, and when Steve “PARTNERED” with WMG, Kevin wasn’t owed anything. I “SOLD” my company to The Familie prior to the WMG merger I got a check as well as a job that I’m still doing 14 years later.

In those 14 years we have had clients come and go, but the vast majority have stayed, obviously they leave when they retire, and some leave for what they consider greener pastures. What I can tell you is that in those 14 years I have seen Steve put his clients first, before himself or his family for that matter. On more than one occasion, I have seen him save careers much like what he did with Kenny earlier this year.

A lot of you are criticizing Steve, WMG, and when you do that, you blanket the “agent” term, so you are in effect disrespecting all of us in that field. I have had only a couple of rough times with clients which aren’t enjoyable as I take it very personally. I see some comments saying that we are just a good ole boy network of ex-riders without any contract law experience, which I find interesting, and misinformed. The fact is that we have on staff some of the finest attorneys in the world. Yes, it is true I have not personally been to law school, but my job isn’t to finalize the legal verbiage in the agreement. Do you actually think a company with 600+ employees doesn’t have fantastic attorneys. And, for the record after reading thousands of agreements over the course of 15 years I have a pretty good understanding of contract law. Experience does count for something!

If you want to know what we do for our clients why don’t you ask some of them for yourself. I have clients that I’ve been representing for 15 years already and I’m sure they would set you straight on the advantages to having someone in their corner battling it out for them. Steve has clients he has had for nearly 20 years. You don’t have longevity like that by screwing people over, whether in this business or any other. Some companies in the industries we work within don’t like us, and that’s because if the athlete has proper representation it is difficult for them to take advantage of that athlete. There are other major companies within action sports as a whole that have changed their agreements due to us showing them why their agreements were unfair.

To Mr. UpTiTe, again your statement is false in many ways, especially being directed our way. I might agree with you about a single individual doing this without any law school and no support staff, but that isn’t the case with us. Also, I can tell you with the amount of effort it takes to compete at the highest level a rider cannot do this alone. You must have help or you will leave millions on the table and not have favorable terms in your agreements. I can give you several more reasons but this should suffice.

I will close with this, there are two side to almost every story except for when there isn’t, and in this case there isn’t.


Wasserman Media Group
Jimmy Button Vice President, Action Sports and Olympics
2 things

1) why did you have some “rough times” with a few clients?

2) you backed up the statement of people saying you don’t have any contract law by stating that you hire people who do have it AND you are an ex-rider.....correct?

Just pointing out some inconsistency in your statement, nothing more nothing less! I was always a fan of yours and still am a fan of yours!
mjskier
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11/7/2017 12:22pm
there are two side to almost every story except for when there isn’t, and in this case there isn’t.

Signature material right there!
SoCalMX70
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11/7/2017 12:25pm
mjskier wrote:
there are two side to almost every story except for when there isn’t, and in this case there isn’t.

Signature material right there!
Like, in a funny way? Because I found that statement to be a bit ridiculous. Rest was good though.
kkawboy14
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11/7/2017 12:28pm
mjskier wrote:
there are two side to almost every story except for when there isn’t, and in this case there isn’t.

Signature material right there!
Well there is 2 sides to every story, and then, there’s the truth!
jbutton
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San Marcos, CA US
11/7/2017 12:31pm Edited Date/Time 11/7/2017 12:36pm
kkawboy14 wrote:
2 things 1) why did you have some “rough times” with a few clients? 2) you backed up the statement of people saying you don’t have...
2 things

1) why did you have some “rough times” with a few clients?

2) you backed up the statement of people saying you don’t have any contract law by stating that you hire people who do have it AND you are an ex-rider.....correct?

Just pointing out some inconsistency in your statement, nothing more nothing less! I was always a fan of yours and still am a fan of yours!
1. Sometimes the view of a client is not what reality is. When someone believes they are worth "X" and the market says otherwise there is nothing anyone can do regardless of how good a negotiator you might be. Example: A rider believes his bike deal should be $750K per year, but not a single team will give you more than $500K. Its that simple. And sometimes they don't want to hear it, or their parents don't want to hear it. Blood is always thicker than water.

2. Im missing your point here. You don't have to be an attorney to negotiate a deal. You need to have a massive understanding of the environment you're dealing with and understand the way the landscape moves depending on each move that happens. Its a constant moving target and having deep relationships with the right people in the paddock is crucial. You can take the best attorney that just graduated with honors from an Ivy league school and throw him into any given sport and he will not do as well "initially" as an uneducated person would with experience. Once the deal has been agreed to with specific terms is when the attorneys are called into action.

Also, as I mentioned before, with the experience that I do have I'm quite sure I would hold my own against someone that had been to law school, as it relates to the agreements which we do often.

I am an ex-rider that has now been involved in this sport for 40 years with a ton of experience on each side of the coin. Going to law school would not change my view of things or my level of experience.
11/7/2017 12:32pm
Call me skeptical but why would this Kevin guy just lie through his teeth? In my experience where there is smoke there is usually fire. Sorry but as much as I respect Jimmy I'm not changing my personal opinion on the situation based on a post from the guy in questions colleague.
DC
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11/7/2017 12:36pm Edited Date/Time 11/7/2017 12:38pm
When Jimmy Button wasn't being a great agent and friend to his many riders/clients, he and Bob Moore (another ex-racer-turned-agent) might have attended some contract law classes, but instead they chose to start Road 2 Recovery from scratch and continue to put incredible amounts of time and effort into R2R, which is the single most important foundation for riders that suffer life-changing injuries -- and this was after Jimmy's own career-ending injury. I'm okay with them leaving the lawyer part of the business to the lawyers.

I don't know the snowboarder from the interview, nor what happened there, but I've known Steve Astephen for more than a decade, as well as some of his numerous, longterm clients, like Ken Block, Travis Pastrana, Jeremy McGrath, Chad Reed, Carey Hart, Ken Roczen, Ryan Sheckler and more... Steve has always put his clients first, but he also always tried to "raise the tide" for the general good of whatever sport the athlete is in. He's a big picture guy, and I can't imagine what some of those guys' lives would be like without his guidance.

Things ended badly for him and the snowboarder, but all things like this usually end badly -- that's why they end, right?


DC
Racer X



mx_563
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11/7/2017 12:42pm
The OP has to do with Reed and WMG splitting up so let's get back to that. Jimmy probably knows what went down but can't say. That leaves us vitards no choice but to speculate. So let's play some future headlines with this one...

WMG can’t round up the moolah, so Chad tells them “see ya!”

ORRRR......

Chad goes privateer, can’t afford an agent’s share





DC
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11/7/2017 12:42pm
Apparently, it ended well between Chad and WMG...



DC
Racer X
MX Guy
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Fantasy
11/7/2017 12:47pm
jbutton wrote:
I felt I needed to step in here and say something. Most of you on here know me, and know where I work. Kevin is bitter...
I felt I needed to step in here and say something. Most of you on here know me, and know where I work.

Kevin is bitter and has had problems which I won’t care to discuss out of respect for someone that has battled inner demons in life. What I will tell you is that he never had equity in The Familie, and when Steve “PARTNERED” with WMG, Kevin wasn’t owed anything. I “SOLD” my company to The Familie prior to the WMG merger I got a check as well as a job that I’m still doing 14 years later.

In those 14 years we have had clients come and go, but the vast majority have stayed, obviously they leave when they retire, and some leave for what they consider greener pastures. What I can tell you is that in those 14 years I have seen Steve put his clients first, before himself or his family for that matter. On more than one occasion, I have seen him save careers much like what he did with Kenny earlier this year.

A lot of you are criticizing Steve, WMG, and when you do that, you blanket the “agent” term, so you are in effect disrespecting all of us in that field. I have had only a couple of rough times with clients which aren’t enjoyable as I take it very personally. I see some comments saying that we are just a good ole boy network of ex-riders without any contract law experience, which I find interesting, and misinformed. The fact is that we have on staff some of the finest attorneys in the world. Yes, it is true I have not personally been to law school, but my job isn’t to finalize the legal verbiage in the agreement. Do you actually think a company with 600+ employees doesn’t have fantastic attorneys. And, for the record after reading thousands of agreements over the course of 15 years I have a pretty good understanding of contract law. Experience does count for something!

If you want to know what we do for our clients why don’t you ask some of them for yourself. I have clients that I’ve been representing for 15 years already and I’m sure they would set you straight on the advantages to having someone in their corner battling it out for them. Steve has clients he has had for nearly 20 years. You don’t have longevity like that by screwing people over, whether in this business or any other. Some companies in the industries we work within don’t like us, and that’s because if the athlete has proper representation it is difficult for them to take advantage of that athlete. There are other major companies within action sports as a whole that have changed their agreements due to us showing them why their agreements were unfair.

To Mr. UpTiTe, again your statement is false in many ways, especially being directed our way. I might agree with you about a single individual doing this without any law school and no support staff, but that isn’t the case with us. Also, I can tell you with the amount of effort it takes to compete at the highest level a rider cannot do this alone. You must have help or you will leave millions on the table and not have favorable terms in your agreements. I can give you several more reasons but this should suffice.

I will close with this, there are two side to almost every story except for when there isn’t, and in this case there isn’t.


Wasserman Media Group
Jimmy Button Vice President, Action Sports and Olympics
"You must have help or you will leave millions on the table and not have favorable terms in your agreements."

Justin Hill might disagree
Robgvx
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11/7/2017 1:02pm
newmann wrote:
What I got out of it was that the commercialization of the sport turned snowboarding into a half pipe X-Games spectacle. Just like MX , took...
What I got out of it was that the commercialization of the sport turned snowboarding into a half pipe X-Games spectacle. Just like MX , took a sport that was all about participation and turned it into the circus act we call SX.
gt80rider wrote:
A little piece of gold there. Mx has transformed from a participation sport into spectator sport. People love watching mx on the tube, even muggles, but...
A little piece of gold there.

Mx has transformed from a participation sport into spectator sport.

People love watching mx on the tube, even muggles, but very few wanna go out and buy a bike or actually ride after watching it. And for good reason, right? There are giant triple jumps, that at least subconsciously, affect people knowing there is no way in hell they could do that, or if they did it would mean an ER visit. The guys going 50 mph down a ridiculously rutted/whooped out section, freestylers landing double backflips with ease, etc. What they watch is something that is impossible to them, so why even try riding?
A little piece of gold that will unfortunately be lost within this thread.

The snowboarding analogy is a good one. It's been a few years since I went skiing but I guess that it's still the case that you can still choose to do your own thing and ride the type of terrain and technical difficulty that you want to. The entire mountain isn't one succession of half pipes and jumps...

Can we say the same thing about many modern, jump-laden MX tracks?

gt80rider
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11/7/2017 1:18pm
I believe JButton is telling it as he sees it, which is entirely fair. And now also, JButton understands how we as fans feel when we...
I believe JButton is telling it as he sees it, which is entirely fair. And now also, JButton understands how we as fans feel when we are tarred and feathered with a stereotype due to our participation on Vital..... I have a loooong memory when it comes to "industry" folks trying to take posters to the woodshed.
Quite possibly the best post ever on vital... Just sayn...
RandyS
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11/7/2017 1:44pm
mjskier wrote:
there are two side to almost every story except for when there isn’t, and in this case there isn’t.

Signature material right there!
I've never heard a disagreement story that there weren't 3 sides to. JButton was never a part of this, he was dealt a shitty had and ended up with lemonade, I have nothing but respect. But yes, this statement is laughable. Snowboard team manager/Glorified babysitter(one in the same) starts a business on the back of probably the hottest rising star at the time and we're supposed to believe that there was no promise made of ownership. Partial ownership to riders was thrown around like Frisbees in the mid/late 90s, a lot of times it was never put down on paper because there was still a real family(funny) mentality in snowboarding. Lots of times it ended just like this. If I had to bet, I'd bet that was the case here, so yes, "legally" he probably never had any ownership. I don't doubt that agents take care of their main money makers, until they aren't. At which point some continue, some don't. I don't know what the deal with Reed is but it looks like he left happy.
wacker
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11/7/2017 2:14pm
I think RandyS hit the nail about as close to the head as you can. I have nothing but respect for KJ, Button, or anyone else in this matter. I have had the opportunity to deal with just about every person mentioned so far on some level and still don't have a dog in the fight. Button represents some of my best friends and has taken their careers to new levels as well. I just think that with as big money as those partnerships, mergers and everything else were, whatever agreement there was or wasn't is going with Astephen to his grave. Obviously KJ can't prove anything or I am sure he would have. From my time with KJ and the way his peers and some of his closest friends talked about the guy, I thought the interview was great. I am at the point in my career where it all makes too much sense. Hell, he used to live down the street from me and I actually helped him throw a queen size mattress out of his 2nd story window and helped him move a bunch of stuff from his house to storage when he decided to pretty much bail on the snowboard "scene" for a while and go back to his roots. Not once did the guy even mention snowboarding. I just thought it was funny seeing a stack of X-Games medals laying in a small cardboard box in the corner of his room. I know the demons that Button spoke of and hope the best for him. Plus, if it did go down any way close to his version I would be a little bitter too.

Lets just all be glad Reed's version went much smoother. I know he is way more on top of his business affairs but could you imagine that shit-storm had it gone south...... haha
11/7/2017 3:27pm Edited Date/Time 11/7/2017 3:29pm
jbutton wrote:
I felt I needed to step in here and say something. Most of you on here know me, and know where I work. Kevin is bitter...
I felt I needed to step in here and say something. Most of you on here know me, and know where I work.

Kevin is bitter and has had problems which I won’t care to discuss out of respect for someone that has battled inner demons in life. What I will tell you is that he never had equity in The Familie, and when Steve “PARTNERED” with WMG, Kevin wasn’t owed anything. I “SOLD” my company to The Familie prior to the WMG merger I got a check as well as a job that I’m still doing 14 years later.

In those 14 years we have had clients come and go, but the vast majority have stayed, obviously they leave when they retire, and some leave for what they consider greener pastures. What I can tell you is that in those 14 years I have seen Steve put his clients first, before himself or his family for that matter. On more than one occasion, I have seen him save careers much like what he did with Kenny earlier this year.

A lot of you are criticizing Steve, WMG, and when you do that, you blanket the “agent” term, so you are in effect disrespecting all of us in that field. I have had only a couple of rough times with clients which aren’t enjoyable as I take it very personally. I see some comments saying that we are just a good ole boy network of ex-riders without any contract law experience, which I find interesting, and misinformed. The fact is that we have on staff some of the finest attorneys in the world. Yes, it is true I have not personally been to law school, but my job isn’t to finalize the legal verbiage in the agreement. Do you actually think a company with 600+ employees doesn’t have fantastic attorneys. And, for the record after reading thousands of agreements over the course of 15 years I have a pretty good understanding of contract law. Experience does count for something!

If you want to know what we do for our clients why don’t you ask some of them for yourself. I have clients that I’ve been representing for 15 years already and I’m sure they would set you straight on the advantages to having someone in their corner battling it out for them. Steve has clients he has had for nearly 20 years. You don’t have longevity like that by screwing people over, whether in this business or any other. Some companies in the industries we work within don’t like us, and that’s because if the athlete has proper representation it is difficult for them to take advantage of that athlete. There are other major companies within action sports as a whole that have changed their agreements due to us showing them why their agreements were unfair.

To Mr. UpTiTe, again your statement is false in many ways, especially being directed our way. I might agree with you about a single individual doing this without any law school and no support staff, but that isn’t the case with us. Also, I can tell you with the amount of effort it takes to compete at the highest level a rider cannot do this alone. You must have help or you will leave millions on the table and not have favorable terms in your agreements. I can give you several more reasons but this should suffice.

I will close with this, there are two side to almost every story except for when there isn’t, and in this case there isn’t.


Wasserman Media Group
Jimmy Button Vice President, Action Sports and Olympics
Are you going to tell me a rider couldn't hire a lawyer part time to do his bidding at 500 an hour, and then hire a personal assistant to cover the day to day?

Are you going to tell me that the "good ole boy club" doesn't do deals like "I'll take your guy onto this team for this and next season, if you can get a deal for my guy over the next two years as well"?

Are you going to tell me that there isn't preditory guys out there telling parents how great their kids are going to be while taking their money?

I could go on, but you get the gist

Do you really feel a guy making 250k needs a manager?

How did top guys as recent as ten years ago negotiate their contracts and then have lawyers to look over them and save 10-15% of their money .before having a manager became trendy?

You say you have guys on staff that know law, why dont I just hire them and save 10-15%?

Look, I'm not bashing you, I just dont see the need for riders to give up so much money to have a guy whispering in his ear how great he is. If managers were so important, and needed to put together the BIG deals, why is Reed now using a guy who has never been a manager doing his bidding? kinda makes you think huh?





mauidex
Posts
2069
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Location
Haiku, HI US
11/7/2017 4:01pm
Wasserman Media Group
Jimmy Button Vice President, Action Sports and Olympics


there are 3 sides to EVERY story...............what would you expect the VP to say in retaliation.........I personally got fucked out of millions in a very similar situation by one of "the most stand up guys that ever lived" according to some.

No skin off any of our asses and it seems that reedy and astephin are all good or sure as hell Reedy wouldn't lay down.........also from what I know button fly is one of the most ethical and honest guys in the gameCool Cool
Falcon
Posts
12253
Joined
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Location
Menifee, CA US
11/7/2017 4:17pm
I don't know what happened in this case for sure, but it seems like the athlete believed something that he did not have in writing. To leave something as important as partial ownership of a business to a verbal agreement is just plain risky at best.
Whether the agency screwed the guy or not, he should have lined his ducks up a little better.
newmann
Posts
24438
Joined
4/1/2008
Location
US
11/7/2017 4:43pm
Falcon wrote:
I don't know what happened in this case for sure, but it seems like the athlete believed something that he did not have in writing. To...
I don't know what happened in this case for sure, but it seems like the athlete believed something that he did not have in writing. To leave something as important as partial ownership of a business to a verbal agreement is just plain risky at best.
Whether the agency screwed the guy or not, he should have lined his ducks up a little better.
From the interview it sounded as if he was busy smoking weed and carving up the mountains. Ain’t nobody got time for lining up ducks.

I can’t imagine some of these up and coming kids getting the best deal without having someone like Jimmy in their corner. Very short careers in this sport, seems to me the top guys need to get every penny they can get while they can.
newmann
Posts
24438
Joined
4/1/2008
Location
US
11/7/2017 4:51pm
jbutton wrote:
I felt I needed to step in here and say something. Most of you on here know me, and know where I work. Kevin is bitter...
I felt I needed to step in here and say something. Most of you on here know me, and know where I work.

Kevin is bitter and has had problems which I won’t care to discuss out of respect for someone that has battled inner demons in life. What I will tell you is that he never had equity in The Familie, and when Steve “PARTNERED” with WMG, Kevin wasn’t owed anything. I “SOLD” my company to The Familie prior to the WMG merger I got a check as well as a job that I’m still doing 14 years later.

In those 14 years we have had clients come and go, but the vast majority have stayed, obviously they leave when they retire, and some leave for what they consider greener pastures. What I can tell you is that in those 14 years I have seen Steve put his clients first, before himself or his family for that matter. On more than one occasion, I have seen him save careers much like what he did with Kenny earlier this year.

A lot of you are criticizing Steve, WMG, and when you do that, you blanket the “agent” term, so you are in effect disrespecting all of us in that field. I have had only a couple of rough times with clients which aren’t enjoyable as I take it very personally. I see some comments saying that we are just a good ole boy network of ex-riders without any contract law experience, which I find interesting, and misinformed. The fact is that we have on staff some of the finest attorneys in the world. Yes, it is true I have not personally been to law school, but my job isn’t to finalize the legal verbiage in the agreement. Do you actually think a company with 600+ employees doesn’t have fantastic attorneys. And, for the record after reading thousands of agreements over the course of 15 years I have a pretty good understanding of contract law. Experience does count for something!

If you want to know what we do for our clients why don’t you ask some of them for yourself. I have clients that I’ve been representing for 15 years already and I’m sure they would set you straight on the advantages to having someone in their corner battling it out for them. Steve has clients he has had for nearly 20 years. You don’t have longevity like that by screwing people over, whether in this business or any other. Some companies in the industries we work within don’t like us, and that’s because if the athlete has proper representation it is difficult for them to take advantage of that athlete. There are other major companies within action sports as a whole that have changed their agreements due to us showing them why their agreements were unfair.

To Mr. UpTiTe, again your statement is false in many ways, especially being directed our way. I might agree with you about a single individual doing this without any law school and no support staff, but that isn’t the case with us. Also, I can tell you with the amount of effort it takes to compete at the highest level a rider cannot do this alone. You must have help or you will leave millions on the table and not have favorable terms in your agreements. I can give you several more reasons but this should suffice.

I will close with this, there are two side to almost every story except for when there isn’t, and in this case there isn’t.


Wasserman Media Group
Jimmy Button Vice President, Action Sports and Olympics
UpTiTe wrote:
Are you going to tell me a rider couldn't hire a lawyer part time to do his bidding at 500 an hour, and then hire a...
Are you going to tell me a rider couldn't hire a lawyer part time to do his bidding at 500 an hour, and then hire a personal assistant to cover the day to day?

Are you going to tell me that the "good ole boy club" doesn't do deals like "I'll take your guy onto this team for this and next season, if you can get a deal for my guy over the next two years as well"?

Are you going to tell me that there isn't preditory guys out there telling parents how great their kids are going to be while taking their money?

I could go on, but you get the gist

Do you really feel a guy making 250k needs a manager?

How did top guys as recent as ten years ago negotiate their contracts and then have lawyers to look over them and save 10-15% of their money .before having a manager became trendy?

You say you have guys on staff that know law, why dont I just hire them and save 10-15%?

Look, I'm not bashing you, I just dont see the need for riders to give up so much money to have a guy whispering in his ear how great he is. If managers were so important, and needed to put together the BIG deals, why is Reed now using a guy who has never been a manager doing his bidding? kinda makes you think huh?





What if said lawyer doesn’t know where or how much money there is in MX and SX? Which riders have nailed their own solid deals?

I keep reading here how Big James has burned so many bridges...

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