Happy start to the month of August. You can almost taste football, which is right around the corner. Fantasy football preparations are in effect and Marshawn Lynch ended his hold out. All seems right with the world. That said, there are issues much larger than sports and I wish that one day there will be peace in the Middle East. I wish the best for my brothers and sisters who do not have the same fearless lifestyles that we enjoy in the United States. This week on FORBES: (1) Miami-Based SportsManias Scores $3.5 Million In Series A Funding; (2) Adidas Quietly Inks UFC’s Robbie Lawler To Endorsement Deal; (3) Donald Sterling Loses Clippers And Can’t Stall Sale To Steve Ballmer; (4) National Basketball Players Association Turns Page, Elects Michele Roberts First Female Pro Sports Union Leader; (5) Patrick Peterson Aligns With Under Armour After Three Years With Nike; and (6) Sports Fitness Kickstarter Backed By Blake Griffin And Adrian Peterson Reaches $100,000 Raise. And as always, the weekly wrap-up:
Baseball
- Offering a flat fee instead of commission-based structure [Proformance agency reinvents its business model].
- Was formerly represented by KPS Sports [Javier Baez Joins Wasserman Media Group].
- Oh well. He gone [Jon Lester’s agent denies report].
Football
- The new collective bargaining agreement has somewhat simplified things [5 ways the agent business has changed].
Sports Business
- He launched Dynasty Sports Management in 2008 [Nate McCray: ‘Being an African American Sports Agent To Me Is A Gift and Curse’].
- Very little news on this since the initial reports [Lil Wayne Reportedly Starting Sports Agency with Cristiano Ronaldo as 1st Client].