Comments on: Athletes Premier International And Hendricks Sports Management Reach Settlement http://www.sportsagentblog.com/2010/03/03/athletes-premier-international-and-hendricks-sports-management-reach-settlement/ Sports Business, Sports Law, Sports Negotiations, NCAA Rules Thu, 01 Dec 2011 15:23:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: anon http://www.sportsagentblog.com/2010/03/03/athletes-premier-international-and-hendricks-sports-management-reach-settlement/#comment-142021 anon Thu, 04 Mar 2010 19:40:40 +0000 http://www.sportsagentblog.com/?p=8824#comment-142021 @Francis - How do you figure he's "entitled" to damages? He sued for damages, and it's possible he would have won damages, but it wasn't a slam-dunk case, plus the existing legal precedents actually were on the Hendricks' side. @Francis – How do you figure he’s “entitled” to damages? He sued for damages, and it’s possible he would have won damages, but it wasn’t a slam-dunk case, plus the existing legal precedents actually were on the Hendricks’ side.

]]> By: Francis Santoianni http://www.sportsagentblog.com/2010/03/03/athletes-premier-international-and-hendricks-sports-management-reach-settlement/#comment-141992 Francis Santoianni Wed, 03 Mar 2010 17:44:43 +0000 http://www.sportsagentblog.com/?p=8824#comment-141992 Anon, Why would he settle for just expenses? He is entitled to damages as well. I don't think he would settle this early in the proceedings for merely his expenses. At least I hope not! Anon,

Why would he settle for just expenses? He is entitled to damages as well. I don’t think he would settle this early in the proceedings for merely his expenses. At least I hope not!

]]> By: anon http://www.sportsagentblog.com/2010/03/03/athletes-premier-international-and-hendricks-sports-management-reach-settlement/#comment-141990 anon Wed, 03 Mar 2010 17:37:52 +0000 http://www.sportsagentblog.com/?p=8824#comment-141990 @Francis - There's no way the original agent got "millions." My guess is he got his expenses and maybe a little more. Remember, a 5% cut of $30 million would be $1.5 million, and the contract is spread over 10 years. @Francis – There’s no way the original agent got “millions.” My guess is he got his expenses and maybe a little more. Remember, a 5% cut of $30 million would be $1.5 million, and the contract is spread over 10 years.

]]> By: Francis Santoianni http://www.sportsagentblog.com/2010/03/03/athletes-premier-international-and-hendricks-sports-management-reach-settlement/#comment-141983 Francis Santoianni Wed, 03 Mar 2010 15:47:50 +0000 http://www.sportsagentblog.com/?p=8824#comment-141983 Like all settlements, the details, especially financial ones ,are confidential, however given the amount that Chapman signed with for the Reds, and given what the agent's cut would have been on that deal its hard to believe that the original agent wouldn't have cut a deal in the millions. Also lets not forget all of the expenses that the original agent had to pay out of pocket. Hopefully those were reimbursed in their entirety as well. Like all settlements, the details, especially financial ones ,are confidential, however given the amount that Chapman signed with for the Reds, and given what the agent’s cut would have been on that deal its hard to believe that the original agent wouldn’t have cut a deal in the millions. Also lets not forget all of the expenses that the original agent had to pay out of pocket. Hopefully those were reimbursed in their entirety as well.

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