Photo via NYLS_NIL Twitter The NIL marketplace is one that is new and uncertain. On October 26, the NCAA clarified its interim NIL policy. In the NCAA’s most recent guidelines, it makes clear that schools cannot engage in negotiations on behalf of an NIL entity or a student-athlete to secure specific NIL opportunities.[1] However, the... Continue Reading →
Photo via Sporting News In the history of amateur sports, athletes have jumped at any chance of playing in their sport’s professional league because it was the only way to profit off of their talents. Athletes are now able to profit off of their name, image and likeness (NIL), making it a true decision for... Continue Reading →
Photo via Golfweek - USA Today Jack Nicklaus, the world’s greatest golfer, and arguably one of the best course designers, finds himself in litigation against his old business partner, Howard Milstein. In 2007, Milstein bought Nicklaus’s intellectual property and golf course design services for $145 million.[1] Milstein's business, Nicklaus Companies LLC, sued Nicklaus in May,... Continue Reading →
Photo via Baltimore Sun Before the 2021/22 MLB regular season, both the owners and the union went through a lengthy collective bargaining negotiation. A key aspect of these negotiations was to encourage teams to promote their top prospects, or to ensure certain players secured a full year of service time, regardless of their actual games... Continue Reading →
Photo via Reuters Premier soccer team, Liverpool, is rumored to be up for sale by its owners, Fenway Sports Group (FSG). This comes just months after Liverpool’s league rival, Chelsea, was sold in a deal worth $3 billion. According to anonymous sources with direct knowledge of the team’s plans, Fenway Sports Group has hired Goldman... Continue Reading →
Image via Through The Fence Baseball Major League Baseball (MLB) has the unique system of salary arbitration to allow young players to be compensated before they hit the free agent market. Players typically must accrue three years of Major League service time – with one year of service time equaling 172 days on the 26-man... Continue Reading →
Photo via Sports Illustrated Over the past year, the Lerner family has been shopping their family’s prized possession, the Washington Nationals. The history of the Lerners’ ownership and more information about the early steps of this potential sale can be found here. A group led by businessman Ted Leonsis is said to be the “clear... Continue Reading →
Photo via Sportsnet Background: Most individuals who follow baseball have heard the term “qualifying offer,” but likely do not know what the term entails. The qualifying offer is a competitive balance measure implemented in the 2012-16 Collective Bargaining Agreement (CBA), restructured under the 2017-21 CBA and it remains in place for the duration of the... Continue Reading →
Photo via ClutchPoints Major League Baseball (MLB) pitcher, Tyler Skaggs, passed away in 2019 from choking on his own vomit from a lethal mix of alcohol, fentanyl and oxycodone in his system. Eric Kay, a Los Angeles employee, was found guilty of providing Skaggs with these the drugs that led to his overdose.[1] Today, U.S.... Continue Reading →
Photo via GOLF.com Media outlets criticizing professional athletes is just a part of the entertainment business, right? Patrick Reed believes Golf Channel has gone too far and claims that they have defamed him. Patrick Reed, former PGA Tour player and current LIV Tour player, withdrew his $750 million lawsuit against Golf Channel and analyst... Continue Reading →