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Shabbat Shalom: Friday Wrap-up (12/6/2013) – SPORTS AGENT BLOG

SPORTS AGENT BLOG

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Shabbat Shalom: Friday Wrap-up (12/6/2013)

Post author By Darren Heitner
Post date December 6, 2013

August 5, 2012; Denver, CO, USA; San Francisco Giants left fielder Melky Cabrera (53) hits a single during the fifth inning against the Colorado Rockies at Coors Field. Credit: Chris Humphreys-US PRESSWIRE

August 5, 2012; Denver, CO, USA; San Francisco Giants left fielder Melky Cabrera (53) hits a single during the fifth inning against the Colorado Rockies at Coors Field. Credit: Chris Humphreys-US PRESSWIRE — Melky Cabrera is on to the next one and has signed with The Legacy Agency. Photo Credit: Chris Humphreys-US PRESSWIRE

I am heading up to New York City later today and will be up north for the entire weekend. It’s the most beautiful time to be in the City, so why not? It is with great joy that I announce Mark Burns will be contributing much more frequently on this site. Give him a follow; he’s quite the go-getter. The site is still going through a migration to a new server, and everything should be set straight by Monday (thank G-d). This past week on FORBES: (1) When Andrew Luck Is Not Quarterbacking The Indianapolis Colts He Is Designing Headphones; (2) Sports Law Practice Launched To Take Advantage Of 2022 FIFA World Cup And Other Middle Eastern Opportunities; (3) Five Former Kansas City Chiefs Players File Concussion Lawsuit Against Team; and (4) Sesame Street To Support Team USA In Partnership With US Olympic Committee. And as always, the Friday wrap-up:

Baseball

From ACES to The Legacy Agency [Melky Cabrera Switches To The Legacy Agency].
Quite a bit of Adderall use [Major League Baseball releases its annual drug test report].

Football

$40,000 going price to sign a player…lovely business [Former NFL C LeCharles Bentley issues scathing message on agents].

Basketball

Love seeing positive press about the former agent [Myers has quickly put his stamp on Warriors].

Soccer

Using social media to pray on players [With World Cup 2014 just around the corner, young unsuspecting players are being warned of the presence of fake football agents, especially in Africa].
That appears to be a nice chunk of change [Chelsea paid football agents £13.7 MILLION last year alone].

Sports Business

Lots of debt, but still estimates of a $2.5 billion sale [IMG Sale: Forstmann Little’s Ticking Time Bomb].
Only 2 bidders remain; will WME and Silver Lake Partners be the victor? [IMG Worldwide sets deadline on bids]

Tags ACES Baseball, Bob Myers, IMG Worldwide, LeCharles Bentley, melky cabrera, the legacy agency

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.