Op-Ed: The Economics of Professional Sports, Is Younger Really Better?


The following guest post is by Allain Roy, CMG Sports President & CEO In today’s professional sports, a single injury can decimate a team and ruin a team’s and fan’s season. With salary caps playing a major role in sports leagues such as the NFL and the NHL and other leagues, the top players are…
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Yankees Land Stud Japanese Pitcher, Masahiro Tanaka

(Photo credit: AP)

Earlier today, the New York Yankees announced it signed Masahiro Tanaka to an unprecedented seven-year, $155 million contract. This is the fifth richest contract for a pitcher in MLB history. The deal should come as no surprise to baseball fans and MLB teams after Tanaka selected Casey Close of Excel Sports Management to represent him.…
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New Yankees Catcher Brian McCann Set For Life With The Help Of Agent B.B. Abbott

B.B. Abbott with Chipper Jones.

The New York Yankees desperately needed a catcher, so the club went out and got one in the early stages of free agency.  And the team paid a pretty penny for him.  Multiple reports have highlighted the Yankees’ signing of former Atlanta Braves catcher Brian McCann to a 5-year, $85 million contract that contains a…
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Robinson Cano Hopes CAA Sports Can Help Him Get $300 Million+

Robinson Cano teaming up with Jay-Z was the story of the week. Credit: Joy R. Absalon-USA TODAY Sports

Several months ago, New York Yankees second baseman Robinson Cano reportedly asked for a contract paying him a total of $300 million over the term of the deal.  And then ESPN’s Buster Olney said that Cano is still looking for $300 million (plus another $5 million) over the course of a 10-year contract.  The Yankees and Cano’s…
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Is Matt Elam Going To Become A Trendsetter For Future NFL Rookies?

Baltimore Ravens safety Matt Elam (26) carries the ball during mini camp at Under Armour Performance Center. Mandatory Credit: Evan Habeeb-USA TODAY Sports

My FORBES article on Baltimore Ravens safety Matt Elam being the only top prospect to enter the 2013 NFL Draft without an agent seems to have been a hot read, with over 23,000 views.  Not only did it turn out that Elam was the only drafted player to not have an NFLPA certified Contract Advisor…
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NFL’s Tampering Window Contains Signings, Speculation And Confusion

Washington Redskins tight end Logan Paulsen (82) has signed a new deal with the Washington Redskins. Credit: Daniel Shirey-USA TODAY Sports

We are currently in the midst of a “tampering window”; a small, three-day opportunity for NFL clubs to enter into negotiations with the agents of players set to become unrestricted free agents.  The window opened on Saturday morning and closes at 4 p.m. on Tuesday, March 12.  The opening of the window invites a bunch…
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Scott Boras Criticized For Overplaying His Hand With Free Agent Clients This Offseason

Scott Boras

Outfielder Michael Bourn, right-hand pitcher Kyle Lohse and closer Rafael Soriano all have something in common – each is currently stuck on the free agent market.  Another commonality between the trio is that they are represented by Scott Boras of Boras Corp.  And in a recent New York Daily News article, Bill Madden wonders whether Boras has “overplayed his hand”…
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Why Josh Hamilton Will Not Get The Deal He Wants

josh hamilton

The following guest contribution was written by Richard Pallarino (@rpallarino).  Richard is a student at CUNY-College of Staten Island and a Constituent Aide at the New York State Senate. Josh Hamilton was selected first overall in the 1999 Amateur Draft by the Tampa Bay Devil Rays, touted by scouts as one of the most pure talents to…
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Baseball Agents Expressing Concern Over Anticipated Tax Increases

Some baseball agents are considering how to squeeze out as much money for their clients prior to January 1, 2013 in an effort to avoid higher taxes. Credit: Geoff Burke-US PRESSWIRE

The election of Barack Obama to a second term as President of the United States has some baseball agents posturing about how their players will be affected economically (via taxation) and team executives responding in kind.  Recently, Ronald Blum of the Associated Press spoke to several baseball influencers who opined on the subject with differing…
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Could Basic Accounting Assistance Have Hedged Risk Of Marlins Players Traded To The Blue Jays?

Sept. 28, 2012; Miami Marlins starting pitcher Mark Buehrle (56) throws against the Philadelphia Phillies at Marlins Park. Credit: Steve Mitchell-US PRESSWIRE

Common questions from individuals who wish to be sports agents include, (1) should I go to law school? and/or (2) should I get a masters degree in sports management?  A much less frequent question asks whether one on a “sports agent track” should seek an accounting degree. It is typical for law school graduates to…
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