Yesterday, Jason Wulterkens looked at how IMG might have been deeply connected to the Stanford Financial Scandal.
But IMG and its clients might come away from this potential scandal unscathed. A few Boras clients may have tougher obstacles to overcome. Johnny Damon, Xavier Nady, and Mike Pelfrey have had their bank accounts frozen by the federal government as part of the investigation surrounding Stanford. Damon can’t even pay his off-season trainer. Matt Wieters and Jake Arrieta, two minor league Boras clients might also be affected. But Scott Boras will take care of his boys in the meantime, so don’t get any hopes of catching Pelfrey on your neighborhood park bench anytime soon.
A struggling economy, a financial advisor engaged in fraud…what doesn’t have a resounding effect on the sports community now-a-days?
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[...] from today’s economic turmoils. The sports industry is NOT an exception. As Darren Heitner on SportsAgentBlog.com points out: A struggling economy, a financial adviser engaged in fraud…what doesn’t have a [...]
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