Yesterday, it was announced that the Major League Baseball minimum salary in the 2011 Championship Season will be $414,000. It is a $14,000 raise over the 2010 minimum. Article VI of the 2007-2011 MLB Collective Bargaining Agreement (referred to as the “Basic Agreement”) deals with player salaries. Specifically, Section B of the Article contemplates Minimum […]
Tag: mlb
Monday’s post about Cliff Lee’s taxes created quite an interesting discussion in the comments section. Off of the site, I had a good conversation with Robert Raiola, a CPA at Van Duyne, Behrens & Co., P.A. Raiola helps many athletes with their taxes and provided great insight to Darren Rovell of CNBC in his piece on Cliff Lee […]
Troy Tulowitzki reached the Majors before a year after being drafted by the Colorado Rockies. He was the seventh overall pick of the 2005 MLB First-Year Player Draft. In 2008, Tulo signed a six-year, $30 million contract with the Rockies. Tulo’s agent, Paul Cohen, knew that he was employing a safe and secure strategy, but […]
The NCAA requires that a player selected in the Major League Baseball First-Year Player Draft pay his advisor at his or her normal rate for such services if the player hopes to maintain his eligibility at an NCAA school. Thus, if Troy Caradonna of SFX was to follow that rule, which many people say goes ignored […]
With MLB Free Agency officially underway, we have been extremely busy talking to teams about a couple of our clients who have a lot of value to add to an MLB organization. Clubs have shown a lot of interest in Gary Patchett and Matt Scherer, both of whom have a great deal of experience at […]
I am currently up in Bloomington, Indiana, where I am finishing up a nice little tour of college campuses this week. On Monday, I had the joy of speaking to the YCP Sport Management Student Association with Peg Kaufmann (AD Millersville U.) & Bryan Minniti (Assistant GM Washington Nationals), who were great speakers and very […]
I was supposed to be hit by a Tropical Storm two days ago, but it ended up being nothing more than a severe rainstorm. This has been quite a slow Hurricane Season, but no complaints out of me. I am now officially sworn in as an attorney in the State of Florida. If you or […]
A couple of weeks ago, everyone was wondering the following: 1) Did Alex Rodriguez really fire Scott Boras as his agent, and 2) Did A-Rod then hire Jay Reisinger to take over as his new agent of record? Papers reported that A-Rod has in fact left Boras, but he has not hired Reisinger to take […]
Let me preface the following bullet points by saying that I am in no way suggesting that Clint Robinson starts next season on an MLB roster. In all likelihood, the Kansas City Royals will be protecting Robinson on their 40-man roster by the middle of November 2010, preventing Robinson from being grabbed by another team […]
Immediately following this year’s August 16th MLB First-Year Player Draft signing deadline, I noted that I had heard from various sports agents and sports law scholars, that based on the strong possibility of a future mandatory (instead of the current “recommended”) slotting system, some of the big spending teams (i.e. Red Sox, Yankees) will be […]