Report: Arbitrator rules DeSean Jackson owes Drew Rosenhaus over $500,000

AP

New Redskins receiver DeSean Jackson will have to allocate some of the money from his new contract with Washington to pay off a debt to his former representation.

According to Jeff McLane of the Philadelphia Inquirer, an arbitrator ruled Tuesday that Jackson owes $516,415 in back loans and fees to agent Drew Rosenhaus.

Rosenhaus filed the grievance against Jackson with the NFL Players Association last June after he was dropped by Jackson. The grievance claimed Jackson owed Rosenhaus more than $700,000 in loans and fees from his tenure representing Jackson.

Jackson intends on appealing the decision by the arbitrator. He is now represented by Joel Segal, who negotiated Jackson’s new contract in Washington.