Jun
22

Twenty-First Century NBA General Managers

In the past couple of years, we have covered three former basketball agents making the jump from representing players to being one of the key figures with regards to managing basketball operations of an NBA franchise.  Most recently, former Wasserman Media Group agent Bob Myers signed contract to become the Assistant General Manager of the…
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Jan
18

The Ramifications of Gilbert Arenas’ Sentence

On Friday January 15, Gilbert Arenas pleaded guilty to felony possession of a firearm without a license. Although his actual sentence will have to wait until March 26, Arenas has already begun to feel the consequences of his decision. Adidas has already dropped their sponsorship of Arenas, but he is also being hit in another…
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Jan
15

Arenas Accepts Full Responsibility For His Actions

Just received this Statement on Behalf of Gilbert Arenas from his attorneys at O’Melveny & Myers LLP: Ken Wainstein, a partner in the Washington, DC office of O’Melveny & Myers LLP and attorney for Gilbert Arenas, stated today: “Earlier this afternoon, Gilbert Arenas appeared before the Honorable Robert E. Morin of the Superior Court of…
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Jan
15

Shabbat Shalom: Friday Wrap-Up (1/15/2010)

Nice to be done with the first week of my last semester of law school.  Surprisingly, this past semester was my strongest as far as grades are concerned.  I am happy to announce that Pete Parise is my first client to make Major League Spring Training.  Pete is a guy who can bring a lot…
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Jan
13

Tyler Smith Chooses Jared Kearns And a3

Jared Karnes

Former Tennessee basketball player, Tyler Smith, has been able to sign an agent since he was kicked off of his school’s team for an arrest on New Year’s Day, when he was found with handguns and marijuana in his possession.  And recently, Smith signed an agent.  The agent’s name is Jared Karnes and he is…
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Jan
07

Gilbert Arenas Has A Lot Of Free Time To Tweet

gilbert arenas

Gilbert Arenas does not like to be told when to shut up.  Perhaps that’s one reason why he has decided to not hire a sports agent (in case you did not know, Gilbert signed and negotiated his own contract with the Wizards).  But agents are known to taken on more roles than only negotiating contracts…
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Jan
04

USC Imposes Sanctions On Itself. May Have A Claim Against An Agency.

The effects of our actions have far reaching consequences  This is especially clear when looking at the self-imposed sanctions that USC has adopted with the hope that the NCAA will leave the school alone thereafter. In 2008, we found out that USC basketball player, O.J. Mayo, had accepted $300,000 from a runner associated with BDA…
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Dec
25

Shabbat Shalom: Friday Wrap-Up (12/25/09)

Omri Casspi

Merry Christmas to those who will not be celebrating Shabbat tonight.  Movies and Chinese Food?  As December 31 approaches, I have to think back to December 31, 2005, when I decided to create this very site and made a New Year Resolution to update it at least once every weekday.  I appreciate everything this site…
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Dec
22

NFL Rookie Wage Scale On Hold

The NBA uses an official slotting system for players drafted in the first round of its annual draft.  Article VIII of the league’s Collective Bargaining Agreement describes the scale, which actually is not such a solid slotting system.  A first round selection, and his agent (if he employs one), can negotiate a deal up to…
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