With the NFL Players Association and the conglomerate of NFL owners in Collective Bargaining Agreement (CBA) negotiations this month, we have a window to discuss whether the expiration of the CBA will result in the loss of the 2011 season. My friends Bram A. Maravent and Jeffrey F. Levine, co-authored an article (click here) on […]
Tag: signing bonus
Scott Boras‘ company might have exploited Dominican Republic talented baseball players by giving them and their families loans and other payments in return for a better chance to represent the players and earn back the money paid out, and more, through the commissions received on their signing bonuses. Scott Boras and his company would stand to […]
The NCAA requires that a player selected in the Major League Baseball First-Year Player Draft pay his advisor at his or her normal rate for such services if the player hopes to maintain his eligibility at an NCAA school. Thus, if Troy Caradonna of SFX was to follow that rule, which many people say goes ignored […]
Immediately following this year’s August 16th MLB First-Year Player Draft signing deadline, I noted that I had heard from various sports agents and sports law scholars, that based on the strong possibility of a future mandatory (instead of the current “recommended”) slotting system, some of the big spending teams (i.e. Red Sox, Yankees) will be […]
Yesterday, I wrote about what money means to minor leaguers. Most non-40-man roster players in the Minors barely make enough money to pay their own bills, let alone others’ bills if they have to take care of a family. But there are players who benefit from large signing bonuses upon entering their new organization’s farm […]
The other day, I was negotiating with a General Manager of a Winter Ball team that is interested in signing one of my clients to play for him. He originally offered my client $1,000 less than I was hoping for, but included a shared apartment. The stated offer is not a figure to complain about, […]
The main reason why last week I wondered whether Karsten Whitson might be in trouble due to reports of his advisor having direct communication with the San Diego Padres, is because while there are much more pressing concerns for the NCAA to worry about in the other sports under its regulatory umbrella, the association continues […]
Typically, the deadline for teams to sign the players that they select in each MLB First-Year Player Draft is 11:59 p.m. EST on August 15. That deadline changes when August 15 falls on a weekend, pushing the deadline back to the first Monday following August 15. This year fell into the exception, which is why […]
Often times with young, stud players such as Chris Johnson, Darrelle Revis, DeSean Jackson, and Patrick Willis, we hear a lot about what is called the 30% rule. The 30% rule basically states that a player’s new deal cannot be an increase of the annual salary of the rookie deal by more than 30 percent. […]
No one has “getting burned by an advisee” on their to-do list. In fact, not long ago, I wrote a post about what types of claims an advisor may have against an advisee should the advisee use the advisor’s services and follow up with a “I’m not paying you, but I really appreciate the help” […]