On December 28, 2023, Arbitrator Roger P. Kaplan handed down one of the strongest decisions ever issued in the National Football League Players Association’s (NFLPA) history. Arbitrator Kaplan ordered that NFLPA Contract Advisor Todd France pay France’s competitor, Jason Bernstein, a total of $810,846.47, with $450,000 as punitive damages. The basis for the punitive damages […]
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In a strategic move to enhance financial support for its members, the NFL Players Association has appointed UBS as an Institutional Financial Advisor. UBS is a global wealth manager and the leading universal bank in Switzerland. The collaboration with the NFLPA will provide comprehensive financial advice and guidance to current and retired professional football players […]
On December 2nd, Lawrence P. Ferazani Jr., Deputy General Counsel of Labor of the NFL, and Tom DePaso, General Counsel of the NFL Players Association, signed an amendment to Article 46 and Appendix U of the current Collective Bargaining Agreement (CBA). This Article encompasses on-field fines, including the appeal process, the topic of this amendment. […]
The NFLPA released a statement regarding many inquiries from NFL players’ ability to engage in promotion and endorsement of CBD companies. At the beginning of the 2020 season, the NFL released the new rules promulgated by the league governing players and endorsements. The statement reads “Subject to the limited exception in the NFL Alcohol Sponsorship […]
Morgan Stanley was recently announced as the official “Institutional Financial Advisor” participant of the NFL Players’ Association (“NFLPA”). The partnership was made public last Friday, August 7, 2020, as Morgan Stanley will provide wealth management guidance to the members of the NFLPA through the organization’s Financial Advisors Registration Program. CNBC reported that Sandra Richards will […]
The National Football League Players Association (NFLPA) and National College Players Association (NCPA) announced a collaborative effort to explore how college athletes can receive proper compensation for use of their name, image, and likeness. The Fair Pay to Play Act was recently passed in California to allow college athletes to compensate off of their own […]
As the NFLPA urges players to prepare for a potential work stoppage after next season, it’s brought in the big guns to help manage players’ money for next season and the years after their playing careers end. The move is intriguing for several reasons. Foremost, the two firms, Goldman Sachs and Bessemer Trust, will be […]
There are two sides to every story. That is apparently true with regard to a meeting held between roughly sixty National Football League players and six certified Contract Advisors a couple of weeks ago in Key Biscayne, Florida. As I reported on March 16, the NFL Players Association had followed up the meeting attended by […]
Many National Football League players are celebrating this weekend. Some of them are recipients of massive deals from the prior week, which included a combined amount of roughly $1.7 billion promised to players in the future with $842 million of that guaranteed. However, the celebrations are slightly tamed for a few by the events that […]
The big news this week in the NFL agent world revolves around the three-month suspension of Contract Advisor Damarius Bilbo, who represents the likes of Xavien Howard, Melvin Gordon III, Alvin Kamara and Jarvis Landry. After digging deeper into the situation, it seems that not only should the original one-year suspension have been marginalized, no […]