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Tank Black Tanked For Not Making Restitution Payments

Back in 2009 I reviewed Tank Black’s book titled, Tanked! The Tank Black Story.  Black wrote the book roughly a year post-release from prison.  He found his way behind bars in July 2000 after being accused of stealing money from clients and illegally paying money to college players to induce them to sign with his company, along with engaging in money-laundering and securities fraud.  Black’s name is forever attached to the sports agent profession based on the fact that he represented some of the best football players who have ever played the game, and threw it all away by making stupid decisions.  It looks like Black is back to not thinking with his head.

Yesterday, the Gainesville Sun reported that Black will be performing a comeback tour in federal prison starting in September 8, 2011.  He will spend an additional six months behind bars for failing to make his mere $250 per month restitution payments that were required through his sentence for money laundering and fraud.

By Darren Heitner

Darren Adam Heitner, Esq., is a preeminent sports attorney and the founder of Heitner Legal, P.L.L.C., a Fort Lauderdale-based law firm specializing in sports law, contract negotiations, intellectual property, and arbitration. He earned his Juris Doctor from the University of Florida Levin College of Law in 2010 and a Bachelor of Arts in Political Science, magna cum laude, from the University of Florida in 2007, where he was named Valedictorian of the College of Liberal Arts and Sciences. Admitted to practice in the state bars of Florida, New York, and the District of Columbia, as well as multiple federal courts, Darren also serves as a certified arbitrator with the American Arbitration Association.

As an adjunct professor, Darren imparts his expertise through teaching Sports Law at the University of Florida Levin College of Law and Name, Image, and Likeness (NIL) at the University of Miami School of Law in the Entertainment, Arts, and Sports Law LL.M. program. His scholarly contributions include authoring several books published by the American Bar Association, such as How to Play the Game: What Every Sports Attorney Needs to Know, and numerous articles in prominent publications like Forbes, Inc. Magazine, and Above the Law. His thought leadership in NIL has earned him recognition as one of the foremost experts by The Wall Street Journal, USA TODAY, and On3, and he has been lauded as a “power player in NIL deals” by Action Network and a “top sports trademark attorney” by Sportico.

Darren’s passion for sports law led him to establish Sports Agent Blog on December 31, 2005, initially titled “I Want To Be A Sports Agent.” The platform, created as a New Year’s resolution, has grown into a cornerstone of the sports agency community, offering in-depth analysis of industry trends, legal disputes, and agent-player dynamics. His commitment to the field is further evidenced by his representation of numerous athletes and sports agents, as well as his prior role as an Adjunct Professor at Indiana University Bloomington, where he developed and taught a course on Sport Agency Management from 2011 to 2014.

Darren’s contributions have been recognized with prestigious honors, including the University of Florida’s 40 Under 40 Award, the University of Florida Levin College of Law’s Outstanding Young Alumnus Award, and designation as the best lawyer in Fort Lauderdale by Fort Lauderdale Magazine. He remains an active voice in the sports law community, sharing insights through his weekly NIL newsletter and his X posts, engaging a broad audience on legal developments in sports.

3 replies on “Tank Black Tanked For Not Making Restitution Payments”

Where did the $4mil recovered from Vince Carter go? I find it hard to believe in our current date in time $4mil can get up and walk out. Cayman Islands wire transfer or something like that perhaps? It’s just disgusting what this guy did to so many players and appears to continue to do by failing to pay his restitution (even though it was a measly $250/month).

Where did the $4mil recovered from Vince Carter go? I find it hard to believe in our current date in time $4mil can get up and walk out. Cayman Islands wire transfer or something like that perhaps? It’s just disgusting what this guy did to so many players and appears to continue to do by failing to pay his restitution (even though it was a measly $250/month).

Where did the $4mil recovered from Vince Carter go? I find it hard to believe in our current date in time $4mil can get up and walk out. Cayman Islands wire transfer or something like that perhaps? It’s just disgusting what this guy did to so many players and appears to continue to do by failing to pay his restitution (even though it was a measly $250/month).

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