Tony LaRussa has signed his first agent. He is now represented by Creative Artists Agency (CAA) for speaking engagements [Business is sweet]. CAA has also taken over representation for professional beach volleyball company, AVP [AVP ANNOUNCES NEW STRATEGIC RELATIONSHIP WITH CREATIVE ARTISTS AGENCY]. Tack on another 10 years for Coca-Cola to say it is the […]
Category: Contract Negotiation
Two college coaching contracts made a splash this week. University of Minnesota men’s basketball coach Tubby Smith finalized a contract Tuesday that will pay him $1.75 million annually, making him the highest-paid employee in University of Minnesota history. Smith’s seven-year contract was agreed upon roughly nine months after the former Kentucky coach was hired to […]
If your baseball client wins the MVP, Cy Young, or Rookie of the Year award, he better be content with getting a piece of hardware to hang up on the wall, because MLB will no longer allow a team to compensate him with cold cash. The Baseball Writers’ Association of America recently passed a new […]
Two finals down, two to go. Criminal Law and Torts will be out of my mind for a while. Now it is onto studying for Professional Responsibility and Constitutional Law. Oh, and it is Hanukkah! So spin those dredles and burn down the candles. Here comes some stories that I failed to cover during the […]
Bizarro Joakim Noah (Anderson Varejao) may be heading back to the United States sooner than anticipated. After terrible contract negotiations between Varejao, his agent (Dan Fegan), and Cleveland Cavaliers GM, Danny Ferry, Varejao looks to end up back with Cavs for at least the next two years. Last week, I covered the Varejao case and […]
Morton’s Steakhouse? Capital Grille? Ruth’s Chris Steakhouse? Those are so old school. Next time you are going to sit down with an owner to sign a multi-million dollar deal for your client, do it at a fast food joint! That’s the setting for Torii Hunter’s contractual negotiations. Larry Reynolds of Reynolds Sports Management does not […]
Well, the dust has settled after the draft and it’s time to wrap it up for another year. It was no surprise that Matthew Kreuzer was taken at No.1 by Carlton with their priority pick. In fact the top ten was fairly standard of what was expected. For us future sports agents, the draft is […]
Anderson Varejao looks and plays like a bizarro Joakim Noah to me. That being said, you may have noticed (but probably not, because you have been so focused on LeBron James) that the Cleveland Cavaliers have been without Varejao since the beginning of the 2007-08 NBA season. His absence did not hurt the Cavs much […]
Hopefully it is clear to you by now that the public gets its image of the sports agent industry from a few events per year which involve the “big name” agents in the business. In the past, people viewed agents as Tom Cruise’s character in Jerry Maguire. Then they were left with the image of […]
Despite being in the thick of the National Championship race—a #1 standing in the BCS rankings and looming showdowns with Arkansas this Friday, and either Tennessee or Georgia at the SEC Championship on December 1st—LSU head football coach Les Miles may indeed have one eye already on the Michigan job, recently vacated by Lloyd Carr. […]