There has been much concern about the financial conditions of NHL teams the past few months. Obviously, a struggling economy isn’t good for any sports team. So how will the depressing economic conditions of both North America and the National Hockey League affect NHL player agents? NHL General Managers held their winter meeting last week, […]
Tag: salary cap
A federal jury awarded over 2000 NFL retirees more than $28 million in damages last week after a three week trial in San Francisco in a class action lawsuit against the NFL Players Association (NFLPA). The lawsuit, filed by hall of fame cornerback Herb Adderley, claimed that the NFLPA actively excluded retired players from lucrative […]
Around the NFL there is strong disapproval about the amount of money rookie players are making. In April 2008, Roger Goodell expressed his wishes to change the current rookie contract structure. Goodell flung an interesting idea of implementing a rookie salary cap, similar to that of the NBA. During a press conference with reporters in […]
On October 13, 2008 Gary Bettman stated the NHL is still in growth mode despite the global economic downturn. While the rest of the world has been rightfully nervous about the months ahead, Bettman seemed pretty confident. If his statement seemed odd to you, you were not alone. Bettman came off as either naïve to […]
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Shabbat Shalom: Friday Wrap-Up
Lots of football and basketball on the Shabbat dinner table this week. You won’t be hearing much from me this weekend, as I am packing up for my move back to Gainesville for the 2nd year law school experience. On Sunday, I will be making the trek back up to the #1 Party School in […]
A little late on this, but better late then never. Salary cap for this season = $58,680,000 Tax level = $71.150 million (teams above that number must pay the league a dollar for each dollar that it exceeds the level) Mid-level exception = $5.585 million Minimum team salary (salary floor) = $44.010 million Last season’s […]
In March 2006, NFL Owners voted almost unanimously, 30-2, to accept the NFLPA’s final proposal to extend its collective bargaining agreement (CBA). On May 20, 2008, NFL Owners unanimously voted to opt of that same agreement, meaning the current collective bargaining agreement will expire in 2011 instead of 2013. Now, many questions linger about the […]
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Shabbat Shalom: Friday Wrap-Up
Another busy week of summer has blown by, which means that it is getting closer and closer to my return to lovely Gainesville, Florida. Nothing against the town that UF sits in, but I am getting quite comfortable with spending much of each day down here in South Florida working on Dynasty and this blog. […]
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Book Review: Taking Shots
There are very few books written by sports agents and even fewer that devote a substantial amount of pages to discussing the profession of representing athletes. NBPA agent, Keith Glass, takes a shot at covering that topic and other NBA related material in his book, Taking Shots. It is not surprising to hear someone critical […]
Have not been able to get much sleep since the announcement that the NFL owners opted out of the Collective Bargaining Agreement? Doubtful. But if you are a fan, agent, player, or personnel related to the NFL, there is some information that you should be aware of. Luckily, the NFL recently put together a Q&A […]