Did you know that Major League Soccer teams operate under a $1.6 to $2 million salary cap (3 sources gave 3 different figures)? I definitely was unaware of this fact until I heard about a new rule that allows MLS teams to get around the restriction. The MLS has adopted the Beckham Rule, which will […]
Category: Contract Negotiation
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Back so soon?
An interesting case has emerged in the Australian Football League (AFL) which may have repercussions worldwide. Mal Michael retired from the Brisbane Lions at the end of this season, with one year remaining on his contract. Thus, his one year was voided as he ended his career. Just yesterday, he announced that he has signed […]
The new labor deal that will extend to December 11, 2011 (mark it on your calendar) was completed and agreed upon at the end of October. Instead of reporting about it along the way, I decided to wait until the dust settled and many different sources made comments about the deal. This post will serve […]
But how are you going to get your client the money he/she deserves? All decisions are made at the negotiation table, and you need to bring a lot of tools with you when entering conversation with a team’s general manager (or other person in charge of payroll). Monster.com recently released the Top 10 Tips for […]
On July 25th, I talked about how the salaries of coaches in all collegiate sports are on the rise. Today, I highlight USAToday.com’s in-depth analysis of college football coach income [USATODAY.com – Coaches compensation]. A few things stick out. In particular: Coaches at the top D-I programs make an average yearly salary of $950,000 before […]
And also sign more baseball players and increase his revenue. Daisuke Matsuzaka, MVP of the World Baseball Classic, has decided that he will leave the Seibu Lions in Japan and test the MLB waters with his agent Scott Boras helping him along the way [Boras to represent Japanese pitching star Matsuzaka]. This guy has performed […]
Last week I wrote a post titled, Will The Yankees Success Hurt Agents?. The post received a lot of hits and I received a lot of personal e-mails to further discuss the matter. Within the article, I mentioned SBR’s note on how the Yankees’ team may be the worst Return on Investment in the history […]
Since the beginning of the Steinbrenner era, the Yankees have been notorious for purchasing high-priced and sometimes overvalued free-agents. George Steinbrenner’s willingness to spend an exorbitant amount of money on his team has made Sports Agents eager to have their clients signed by the New York Yankees (for recent story, see: Johnny Damon). But when […]
Gene Upshaw, exec. director of the NFLPA, has recently stated his desire to change the rules on agents recruiting of college football players. Currently, agents are not able to sign a player or give a player anything of monetary value without that player losing his/her NCAA eligibility, but there are no rules against an agent […]
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On Their Own Island?
On September 13th, 2006, ESPN.com first reported that the New York Islanders locked up goaltender Rick Dipietro to a 15-year, $67.5 million deal [DiPietro’s record 15-year deal will pay him $67.5M]. The contract will allow the Islanders to keep DiPietro until just before he reaches 40 years old. A lot of media outlets have run […]