Categories
Contract Negotiation

He Obviously Deserves $25 Million Per Year

But how are you going to get your client the money he/she deserves? All decisions are made at the negotiation table, and you need to bring a lot of tools with you when entering conversation with a team’s general manager (or other person in charge of payroll). Monster.com recently released the Top 10 Tips for […]

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Coaches Colleges Contract Negotiation

Want to be a College Coach’s agent? Part II

On July 25th, I talked about how the salaries of coaches in all collegiate sports are on the rise.  Today, I highlight USAToday.com’s in-depth analysis of college football coach income [USATODAY.com – Coaches compensation]. A few things stick out.  In particular: Coaches at the top D-I programs make an average yearly salary of $950,000 before […]

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Contract Negotiation MLB Players Sports Agents

Scott Boras Wants To Eat Your Children

And also sign more baseball players and increase his revenue. Daisuke Matsuzaka, MVP of the World Baseball Classic, has decided that he will leave the Seibu Lions in Japan and test the MLB waters with his agent Scott Boras helping him along the way [Boras to represent Japanese pitching star Matsuzaka]. This guy has performed […]

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Contract Negotiation NFL Teams Sports Agents

Will The Colts/Chargers Success Hurt Agents?

Last week I wrote a post titled, Will The Yankees Success Hurt Agents?. The post received a lot of hits and I received a lot of personal e-mails to further discuss the matter. Within the article, I mentioned SBR’s note on how the Yankees’ team may be the worst Return on Investment in the history […]

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Contract Negotiation MLB Players MLB Teams Sports Agents

Will The Yankees Success Hurt Agents?

Since the beginning of the Steinbrenner era, the Yankees have been notorious for purchasing high-priced and sometimes overvalued free-agents.  George Steinbrenner’s willingness to spend an exorbitant amount of money on his team has made Sports Agents eager to have their clients signed by the New York Yankees (for recent story, see: Johnny Damon). But when […]

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College Football Players Contract Negotiation NFL Players Recruiting Sports Agents

Upshaw: New Recruiting Rules?

Gene Upshaw, exec. director of the NFLPA, has recently stated his desire to change the rules on agents recruiting of college football players. Currently, agents are not able to sign a player or give a player anything of monetary value without that player losing his/her NCAA eligibility, but there are no rules against an agent […]

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Contract Negotiation Hockey

On Their Own Island?

On September 13th, 2006, ESPN.com first reported that the New York Islanders locked up goaltender Rick Dipietro to a 15-year, $67.5 million deal [DiPietro’s record 15-year deal will pay him $67.5M]. The contract will allow the Islanders to keep DiPietro until just before he reaches 40 years old. A lot of media outlets have run […]

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Contract Negotiation NFL Players NFL Teams Sports Agents

The Importance of Escalators

Not only are they a lot more fun than elevators, but making sure that you earn your client fair escalators in an NFL contract may make a difference in whether he gets paid any given year. With the high incidence of injury in professional football and no such thing as a guaranteed contract, agents have […]

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Contract Negotiation Recruiting Sports Agents Sports Law

Analysis of “Maybe Jerry Maguire Should Have Stuck With Law School: How The Sports Agent Responsibility and Trust Act Implements Lawyer-Like Rules For Sports Agents”

This post is officially crowned as having the longest title ever! Anyway, once again, hat tip to Sports Law Blog for contributing its Sports Law Scholarship program and finding a gem for this blog to post some analysis on. The Law Review article under discussion is called: Maybe Jerry Maguire Should Have Stuck With Law […]

Categories
Contract Negotiation

Explanation of the Larry Bird Exception

This is one of the interesting parts of the NBA’s salary cap that I discussed before. In brief, the exception allows a team to go above and beyond the salary cap in order a re-sign a free agent. The amount of the contract cannot exceed the maximum salary. The contract signed cannot be for more […]