Terrell Owens sues NFL super agent Drew Rosenhaus
Former NFL star Terrell Owens is suing his former agents, Drew and Jason Rosenhaus, for $6.5 million, according to Yahoo! Sports.
Owens is alleging breach of fiduciary duty, fraud and negligence.
According to the lawsuit, Owens claims that Rosenhaus recommended that Owens hire financial adviser Jeff Rubin, who has since been banned from doing business.
Owens claims that his decision to take his former agents’ advice to hire Rubin caused him to lose nearly $5 million plus another $1.5 million in projected capital gains.
“Terrell trusted (Drew) Rosenhaus when he recommended that Terrell hire Rubin as his financial adviser,” Owens’ attorneys, Curtis Carlson and Chase Carlson told Yahoo! Sports. “It is completely ridiculous that Rosenhaus would refer a five-time Pro Bowler to a financial advisor who has been accused of stealing from his clients in the past, whose college degree was in Exercise Science, and who was inexperienced. Rosenhaus should have steered Terrell away from Rubin, not toward him.”
Last year, the NFL Players Association started investigating the connection between Rosenhaus and Rubin, but it’s not clear if that probe is continuing.
Meantime, Rosenhaus — who is one of the most controversial agents in the business — isn’t talking about the lawsuit. He’s busy representing his NFL clients and planning his wedding to South Florida realtor Lisa Thomson.