Wednesday, April 18, 2012

A football team and counting for Jets' Cromatie.

The wife of New York Jets Antonio Cromatie is expecting twins, bringing his soon-to-be total number of children to 12.

Just days after a public announcement that Cromatie had recently fathered his 10th child, the cornerback's wife, Terricka Cason, announced via Twitter that the couple are expecting twins in November.

Terricka Cason posted this sonogram of twins she's expecting on Twitter.

It would be the third and fourth children with Cromatie for Cason, who also has another child from a previous relationship. Cromatie has eight other children by seven other women.

On a 2010 episode of HBO's Hard Knocks, starring the Jets, Cromatie struggled to name all seven of his children at the time, and was publicly derided by the media for a lack of moral responsibility. He also needed a $500,000 advance when he signed with the Jets to cover his child support payments.


A rundown of Cromatie's 10 children. In the absence of a picture, the mother of the child is identified.

So it's surprising that he continues to father even more children without so much as a breather between each. It's understandable that Cromatie would want to have children with his wife. But after two children, maybe it was time to reconsider having more kids. Or at least hold off for a few years after reassessing his financial situation.

Cromatie signed a four-year, $32 million contract–about $8 million (pre taxes) annually–so he is more than capable of taking care of his children. For now.

At 28, playing in a league that doesn't offer guaranteed contracts, there's no surety that Cromatie will play out this contract or the next. And if he does, what financial plans has he set up to avoid the plight of hundreds of ex-players who made millions in their careers, yet are bankrupt today?

Having children is a gift not everyone is blessed with. That's clearly not Cromatie's problem. Many fathers, even mothers, have absconded from their responsibilities as parents. So far, that's also not an issue affecting Cromatie. But the list of uber wealthy athletes who've neglected their child support payments after falling on hard times (Terrell Owens, Antoine Walker, Travis Henry to name a few) includes the who's who of the sports world.

Let's hope Cromatie can avoid that after all. Ideally, he should set up trust funds for each of his children, accessible when the children become adults. But telling someone to do what's right is just one thing. Getting the person to actually do it, is another.

Sunday, April 15, 2012

Wade calls for, then backs off Olympic pay

Should NBA stars be paid to compete at the Olympics? Yes, if you take the Boston Celtics' Ray Allen and Miami Heat's Dwyane Wade's words for it.

The two recently called for U.S. NBA stars to receive some type of compensation for being the biggest stars at the Olympic Games, suggesting that it come by way of jersey sales.

Athletes are typically not paid to compete at the Olympics, which relies more on an individual's pride to represent a country on the biggest athletic stage. Beyond the prize money athletes get from winning a medal or breaking a record, some countries, like my native country Nigeria, gift their medal winners with cash upon a ceremonial return home. The U.S. hasn't typically done that, but most athletes receive some sort of sponsorship or promotional endorsement (think Wheaties and Coca-Cola ads featuring Olympic champions).

Basically, most get paid one way or the other for climbing the medal podium; some more than others.

It is no secret that NBA players draw the biggest fans at the Games for a number of reasons. The NBA brand ranks among the top globally recognized sports leagues. Unlike track & field, the biggest competitive attraction (more specifically the sprints) among Olympic events, NBA players are ubiquitously chased after and hounded by media and fans. Very few people outside of T&F core fans recognize superstars not named Usain Bolt, Sanya Richards or Allyson Felix. Tyson Gay could walk through Times Square and go unnoticed. Ditto that for the current fastest woman in the world Carmelita Jeter. And we're not even talking field athletes or even other sports. Michael Phelps gets the rock star treatment after his incredible feat at the Beijing Olympics, but swimming as a sport is hardly relevant outside of Olympic years, and very few can name two or three other swimmers who would likely make the roster for the London Games.

But you would be hard-pressed to find one person who isn't familiar with the entire roster on the U.S. basketball team. And their Olympic jerseys are as in demand as their NBA gear. So I can understand inquiring about compensation for jersey sales. However, these guys already command salaries well into the tens of millions of dollars. They don't need the money. To publicly declare that they should be paid for being patriotic is as unpatriotic as it gets. Worse, they come off looking greedy. Which is no wonder Wade backed off his statement less than 24 hours after initially making it, saying emphatically that he did not want to be paid to represent the U.S.

What Allen and Wade could do is suggest that the proceeds be channeled into the development or training of athletes in other sports not as profitable as theirs, which I suspect is already the case. Fencing, canoeing/kayaking, archery and equestrian may not be popular enough to generate significant endorsement deals, but these sports can be fairly expensive to train for. Even track & field athletes earn considerably low prize winnings compared to the level of training and travel they have to put in. If you're not among the upper echelon of athletes who earn appearance fees, which are sometimes higher than the prize money, traveling to compete could actually be financially bankrupting. They could do with the help.

I don't think Allen or Wade would balk at the chance to represent the U.S. for nothing, if asked to do so. It could just have been a concern about not having any input into the profiting off of their names. But there's a more patriotic way to get involved, and it doesn't involve them pocketing any money. It involves helping others achieve their dreams of representing the U.S. at the Olympic Games.