Monday, March 26, 2007

Despite Delay, Siegel Expects Earnhardt To Sign New Contract WIth DEI

Despite recent surgery for Kelley Earnhardt Elledge that put negotiations on hold temporarily, Dale Earnhardt Inc. President of Global Operations Max Siegel said he expects to sign Dale Earnhardt, Jr., to a new contract by May.

Earnhardt Elledge, who has been handling her brother’s end of the negotiations, underwent surgery Friday to remove tumors from her pancreas. She is expected to remain hospitalized for four or five days, but Siegel said there us no reason why a new deal can't be completed by May, before DEI loses its right to negotiate exclusively with its star driver.

"You can't really rush the process," he said. "We're all headed in the right direction, and as soon as it makes sense for us to sit back down, we will. None of us want to do anything that is going to interfere with Kelley’s recovery, or frame of mind."

Earnhardt said earlier this year that he wants majority ownership as part of any new contract with DEI.

No comments:

Post a Comment