My friend Rand Getlin recently wrote a story about “cash-strapped NFL players seeking high-risk ‘lockout loans.’” In his article, Getlin raised many good points, the most salient one being that players need to be very careful of who they work with to secure loans, and more importantly, the interest rates associated with those loans. Just last…
Read More
May
26
NFL Players Must Halt Borrowing Money At Unconscionable Rates
May
25
No NFL Rookie Symposium, Player Education Programs
No preseason or regular season NFL games have been cancelled due to the NFL Lockout to date, but the Lockout has its first couple of victims: the rookie symposium and the joint NFL/NFLPA player education programs held annually at Ivy League universities. Every year, all players selected in the NFL Draft are invited to the…
Read More
May
25
Mark Steinberg Leaving IMG, Tiger Woods To Follow?
Yesterday, Darren Rovell of CNBC broke the news that Tiger Woods’ agent Mark Steinberg is no longer an employee of IMG (his contract expires in June 2011), where at one point in time he was director of Global Golf Business. At IMG, Steinberg was responsible for the representation of Woods and LPGA golfer Annika Sorenstam,…
Read More
May
24
Golf With Willis McGahee And Help Underprivileged Children
Public relations executives take note: I am more than happy to publicize your athlete clients charity events. It is great to champion athletes for the great things they do off of the field/court. We chastise them enough for their unscrupulous acts. Willis McGahee of the Baltimore Ravens will be hosting his first annual charity golf tournament on…
Read More
May
24
On To The Next One: Ahmad Bradshaw
Another football player has dropped his agent for Drew Rosenhaus, and Rosenhaus Sports Representation gets the player right before what should be the player’s first big pay day. Ahmad Bradshaw has terminated his representation agreement with Craig Domann of Domann & Pittman, and has signed with Rosenhaus. Head over to the Domann & Pittman website,…
Read More
May
24
Agent Regulation Symposium
One of the people that I met at the 2011 Sports Lawyers Association (SLA) Annual Conference in Washington D.C. is Roy Kessel, founder of sports law blog, From the Bench. Roy is also founder of the Sports Philanthropy Foundation (SPF), instructor in Northwestern University’s Masters in Sports Administration Program, and served for many years as…
Read More
May
20
Shabbat Shalom: Friday Wrap-Up (5/20/2011)
This wrap-up is coming to you live from the Sports Lawyers Association’s Annual Conference in Washington D.C. I will actually be leaving D.C. tonight to head back to Florida and attend a wedding on Saturday (the conference goes through Saturday). Who do you think the Cleveland Cavaliers will take with the #1 and #4 overall…
Read More
May
19
Why Does Texas Want To Put Agents In Prison For 10 Years?
Earlier this week, I received quite a few calls from journalists asking my thoughts on a Texas sports agent bill that has passed through the state’s House of Representatives and Senate, and now awaits Texas Governor Rick Perry’s signature. What caught many people’s attention is a clause in the legislation that enables the state of…
Read More
May
19
United Football League, Canadian Football League, or Arena Football League
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…
Read More
