Sports Business

Ask The Expert: Emery B. Sheer, Berenfeld LLP

berenfeldOn August 18, we announced that we will be running a new segment titled, Ask The Expert, in conjunction with AccessAthletes.  The first speaker of the series was Emery B. Sheer of Berenfeld LLP.  Sheer is a CPA who enjoys managing the accounts for many athletes and actors.

The questions and answers were superb, and is proud to be a part of the effort.

In our first installment of the new feature, topics discussed included: student-athlete insurance policies, taxes on signing bonuses, smart investments, 401(k)s, fines as tax deductions, player-run foundations, purchasing real estate, athletes creating their own LLCs, and student-athlete preparation for the big pay day.

The interview may be read, in its entirety, here.

By Darren Heitner

Darren Heitner created Sports Agent Blog as a New Year's Resolution on December 31, 2005. Originally titled, "I Want To Be A Sports Agent," the website was founded with the intention of causing Heitner to learn more about the profession that he wanted to join, meet reputable individuals in the space and force himself to stay on top of the latest news and trends.

Heitner now runs Heitner Legal, P.L.L.C., which is a law firm with many practice areas, including sports law and contract law. Heitner has represented numerous athletes and sports agents as legal counsel. He has also served as an Adjunct Professor at Indiana University Bloomington from 2011-2014, where he created and taught a course titled, Sport Agency Management, which included subjects ranging from NCAA regulations to athlete agent certification and the rules governing the profession. Heitner serves as an Adjunct Professor at the University of Florida Levin College of Law, where he teaches a Sports Law class that includes case law surrounding athlete agents and the NCAA rules.

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