Marty Magid, the agent who failed to send a fax in time to secure Elvis Dumervil's renegotiated contract, has been fined $25,000 and suspended from representing NFL players for six months, according to a report from FOX Sports.
Dumervil fired Magid after the Denver Broncos failed to receive paperwork accepting a restructured contract which both parties had agreed to by the deadline, causing the Broncos to release the three-time Pro Bowl defensive end. Dumervil later signed with the Ravens for a contract that will pay him $8.5 million this season.
Magid has maintained that he was not at fault for the failed fax and says that it was foul play by the Broncos front office that caused the missed deadline.
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