Wow, something to post...WWES get OJ McDuffie to sign on adding $100K/annum to the bottom line...
biz.yahoo.com
WEST ORANGE, NJ--(BUSINESS WIRE)--July 29, 1999--Worldwide Entertainment & Sports Corp. (NASDAQ:WWES - news) announced today that its client, wide receiver O.J. McDuffie of the Miami Dolphins, has been awarded a four year, $20 million contract extension. Joel Segal, CEO of Worldwide's Football Management subsidiary, has a representation agreement with McDuffie. Worldwide is projecting approximately $400,000 in total agency fees over the term of this contract.
The 5-foot-10, 194-pound McDuffie is coming off a 1998 season in which he started all 16 games and accounted for his best season as a pro with 90 receptions for 1,050 yards and seven touchdowns. His 90 catches led the NFL last season. The Dolphins' first-round draft choice in 1993 out of Penn State, McDuffie has recorded 358 receptions for 4,415 yards and 27 touchdowns in his NFL career.
Joel Segal commented, ''O.J. McDuffie is a great team player and one of the leaders for the Miami Dolphins both on and off the field. Head Coach Jimmy Johnson recognizes his many contributions to the team has rewarded O.J. for all his hard work.''
Worldwide Entertainment & Sports recently launched an internet subsidiary, Sportcut.com, Inc. Sportcut.com (www.sportcut.com) will leverage the activities of WWES' core business and will take advantage of the synergies that exist between the two entities. WWES' success in attracting top quality athletes has created an extremely valuable asset that Sportcut.com will leverage against a considerable online opportunity. Sportcut.com will gain access to the world behind the world of sports through WWES whose clients include professional athletes in boxing, football and motorsports. The daily activities of WWES allow Sportcut.com a unique insight into the world of sports, the business of sports, access to athletes, and exciting strategic alliances. About Worldwide Entertainment & Sports, Inc.
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