Letters of intent (also known as LOIs) are often used as precursors to final long-form agreements. They typically contain material elements that the parties agree to with clear divisions between binding and non-binding provisions contained therein. It allows the parties to put something down on paper and move forward with a working relationship in the […]
The Standard Player Contract provided to players who will play in the Arena Football League (AFL) in 2013 contains an addendum titled, “Authorization for Deduction of Union Dues or Agency Fees.” It allows the AFL or agent of AFL to deduct from a player’s weekly compensation the amount equal to the “initiation fee, dues and […]
Since August 10, 2012, the Arena Football League (AFL) has been operating pursuant to a new collective bargaining agreement (embedded at the bottom of this article). The CBA will be in effect until September 30, 2017, when the players’ union and the AFL teams will once again go through the painstaking process of negotiating another […]
The following is a guest contribution from Martin Fischman, Dynasty’s Football Division Director. As a football agent, you have a fiduciary duty to act in the best interests of your clients. But what happens when a player is either released from an NFL team with no other teams willing to sign the player, or the […]
I am down in South Florida yet again (it seems to be a rather normal occurrence in my final semester of law school. Tomorrow, I will be speaking at the 3rd Annual Nova Southeastern University Sports & Entertainment Law Symposium. The panel runs from 2:20 p.m.-3:10 p.m. and its focus is on Athletes Overcoming Their Indiscretions. I’ll […]