sports agents lawyer who handle hockey players

by Prof. Carli Rice 4 min read

Do Athletes need a lawyer?

127 rows · NHL Agent Leader-Board. ... Current AAV of Active Contracts, and Largest AAV. Click on an agent to see the players and contracts they represent. Agents, to have your agency info updated, or to make an addition or correction, Contact us! ... Mark Stowe Future Sports LLC c/o Stowe Law PLL: 1 $ 3,500,000 $ 3,500,000 $ 3,500,000

Who can represent players in the NHL?

SPORTS AGENTS AND PROFESSIONAL ATHLETES: THE ... The most important legal relationship for both an athlete and an agent is the player-agent relationship. Once a player-agent relationship is formed, further legal relationships such as that ... Hockey players, for example, are able to enter into the National Hockey League (NHL) draft at the age ...

Why are sports agents defaulting on their duties to athletes?

Only player agents certified by the National Hockey League Players' Association are permitted to represent players in their dealings with NHL clubs. The NHLPA regulates the conduct of player agents under its Regulations Governing Agent Certification.

How does the NHLPA regulate the conduct of player agents?

Brisson is an agent that you made have heard something about in popular media, as he is the leading sports agent representing NHL hockey players. Think Sidney Crosby, who is one of his premier clients and who he negotiated a 12 year, $104 million+ deal with the powerhouse Pittsburgh Penguin franchise.

image

What law firm represents the NHL?

Movagar & Yamin Personal Injury Lawyers (M&Y Personal Injury Lawyers), one of California's leading personal injury and accident law firms, has entered into a new strategic marketing partnership with AEG, the world's leading sports and live entertainment company, to become the first-ever official personal injury law ...

Do hockey players have agents?

Only player agents certified by the National Hockey League Players' Association are permitted to represent players in their dealings with NHL clubs. The NHLPA regulates the conduct of player agents under its Regulations Governing Agent Certification.

What does a hockey agent do?

Hockey agents are people who work with highly touted young players who are expected to be high draft picks in the Major Juniors. Agents negotiate future salaries and contracts with prospective teams. An agent works for future earnings, hoping to get a cut of the contract if they can land one for a player.Jan 13, 2021

How much does it cost to hire a sports agent?

Sports agents can charge for their services in a variety of ways including: Percentage – Agent takes a percentage of a contract, typically 3-5%. Time – Agent, typically an attorney, charges an hourly rate, typically $400/hour. Flat-Fee – Agent may agree to perform services for a flat fee.

How do I pick a hockey agent?

If you are in the market for a hockey agent, consider some of these tips as you find your potential match.Honesty. This is probably the most important trait in an agent, as you need to be able to trust them with your negotiations and finances. ... Availability. ... Passion. ... Good Reputation. ... Communication.

Do you need an agent for hockey?

“Until you start negotiating a professional contract, an agent is not necessary,” said former NHL goalie and Sportsnet analyst Corey Hirsch. “Not for a contract with a major junior team.Jan 14, 2016

How much does a hockey agent cost?

Players pay their agents between three and six per cent depending on the amount of services provided by the agent. The agent's fee is calculated after escrow is paid. If a player pays his agent four per cent of $850,000 (after escrow) it would be $34,000.Feb 20, 2016

How much do NHL players pay their agents?

about 3-5%In general, agent fees are about 3-5% of a player's salary. They aren't taken directly from the paycheck, but the player pays the agent out of their take-home cash, thus diminishing how much they are actually putting in their bank accounts.

What do athlete agents do?

Agents help athletes set career goals and find teams and events that match their goals. They manage an athlete's finances and public image, establish charities to advance causes of interest, and prepare the athlete for a post-retirement career.Oct 28, 2020

How do I contact a sports agent?

How to Find Your Sports AgentAsk fellow athletes and professional level personnel for referrals. ... Hold out for the best. ... Perform a background check. ... Utilize the Sports Agent Directory. ... Don't sign on the dotted line just yet. ... Make sure the agent is adept at CBA's and is well connected.More items...•Dec 8, 2010

Do sports agents get paid up front?

Sports agents generally receive between 4 and 15% of the athlete's playing contract, and 10 to 20% of the athlete's endorsement contract, although these figures vary. NFL agents are not permitted to receive more than 3%, and NBA agents not more than 4%, of their client's playing contracts.

Can you be a sports agent without a degree?

Sports Agent Education Generally speaking, there aren't any degree requirements to become a sports agent. Though since the industry is so competitive, agents typically have at least a bachelor's degree. The top sports agents are usually holders of a master's degree and many have a law degree.Nov 29, 2017

What is the NHLPA?

The NHLPA regulates the conduct of player agents under its Regulations Governing Agent Certification. The Agent Regulations set out the various terms under which agent duties must be performed, and include standards of conduct with which agents must comply. The NHLPA has the power to suspend, restrict, or terminate the certification ...

What do prospective agents need to submit?

Prospective agents must submit an application form and related materials detailing their education, background, their current business and personal relationships, as well as previous business dealings.

Can the NHLPA suspend a certification?

The NHLPA has the power to suspend, restrict, or terminate the certification of any agent for violation of these Agent Regulations. The Agent Regulations also set out the procedure by which certification may be granted.

Why do sports agents default?

Sports agents continue to default on their duties to athletes due to a lack of a sufficient deterrent in all states. For the most part, statutory regulations do not provide sufficient power to the athletes to protect themselves; accordingly, current statutes are not the answer to enforcing the duties of sports agents.

What is the duty of a sports agent?

A sports agent has a duty to discover and disclose to his clients material information that is reasonably obtainable, unless the information is so clearly obvious and apparent to the athlete that, as a matter of law, the sports agent would not be negligent in failing to disclose it.[8] . Athletes have a limited focus.

What is the last section of Sparta?

The last section of SPARTA encourages all states to pass the UAAA as an extra protection against unscrupulous sports agents , but even in states bound by SPARTA and the UAAA, many holes in the statutes’ coverage continue to exist.

What is the duty of disclosure in UAAA?

The UAAA creates a duty of disclosure, much like SPARTA. SPARTA requires a disclosure document that warns student-athletes, in boldface type, about the potential loss of NCAA eligibility following the signing of the document. The UAAA requires a similar warning, in boldface and capital letters, attached to any agency contract between ...

What is the statutory regulation of SPARTA?

The statutory regulations of SPARTA and the UAAA deal exclusively with the recruiting and signing of student-athletes. Once the student-athlete label no longer applies, athletes must look outside of the statutory regulations to enforce the common law agency rules that bind sports agents to a fiduciary duty of care.

What is the UAAA?

The UAAA is a model law enacted in 2000 and intended to create a uniform system of rules to regulate sports agent conduct in the recruiting of student-athletes to sign agency contracts. [5] . Nine states and Puerto Rico are left without any state statutory regulations.

What does SPARTA stand for?

In the United States, SPARTA is an acronym that stands for The Sports Agent Responsibility and Trust Act of 2004.[2] . As of this paper’s date of completion, SPARTA is the sole federal statute that regulates sports agents (SPARTA refers to sports agents as “athlete agents”).

What We Do

Our website is an online sports agent directory that contains over 3500 Certified Sports Agents from 10 Sports Leagues. Our directory includes the contact information for each sports agent including their name, address, phone, fax, website and email.

Mark Steinberg

Mark Steinberg is a sports agent who has been representing top golfers since 1992. Steinberg has represented Tiger Woods since 1998 and has continued to build his division, including signing three-time PGA Tour winner Matt Kuchar and Danielle Kang.

Why use our Sports Agent Directory?

With the tremendous increase in professional sports salaries, it is imperative that sports agents maintain the highest level of honesty, integrity, and professionalism. That is why our directory contains only certified sports agents.

SPORTS AGENTS

Create an account below and subscribe for access to: Over 3500 Certified Sports Agents

Why do athletes need an agent?

However, for most athletes, an agent is necessary to “push” their clients brand to local businesses and organizations. Agents need to choose the best possible endorsement for their client; sometimes this yields smaller immediate returns.

Why would a player with an agent negotiate an extra $1 million on a $20 million contract?

For example, a player with an agent may reasonably be able to negotiate an extra $1 million on a $20 million contract because of a preexisting relationship with team management. Ultimately, a one million dollar increase in salary for the player only results in a $30,000 commission cost.

How old is Adrian Peterson?

Both sides respect that Running Backs do not generally age well, and thus are uncommonly given lucrative contracts after age 30.

What is standard form contract?

They are under the impression team contracts, endorsement deals, and other business agreements are believed to be entirely “Standard Form Contracts.”. This means that the terms are pre-written and require only the player’s salary and length of contract. However, this could not be any further from the truth.

Who wrote the player's Tribune article?

An article written on Derek Jeter’s “ Player’s Tribune ” has ignited further debate on the issue within the sports community. Russell Okung, the article’s author and Seahawks Offensive Tackle, wrote the piece to announce that he will be represented pro se upon his becoming a free agent in 2016. Okung argues that athletes are equipped ...

Who is Jason Belzer?

Jason Belzer, Esq. is Founder of GAME, Inc. and a Professor of Organizational Behavior and Sports Law at Rutgers University. Follow him on Twitter @JasonBelzer. The Ten Most Valuable MLB Teams 2020.

Can an agent outweigh the benefit of any money added onto the contract value?

Proportionally speaking, the agent’s commission mathematically cannot outweigh the benefit of any money added onto the contract value. Professional athletes like Russell Okung should understand: not all agents are the right agent to fit their needs.

Why do athletes not hire agents?

Some athletes do not wish to hire an agent for a variety of reasons, including having to pay commissions or other fees associated with the representation. Since the athlete has unique talents, abilities, and skills, their contracts are categorized as personal services contracts.

What is the occupation of an athlete?

The Occupation of “Athlete”. The occupation of professional athlete has become recognized as one of the most financially rewarding professions. Sports sponsors often pay thousands of dollars to an athlete to promote its product. A sports contract can have an impact on the lives of thousands of people.

What is public nature in sports contracts?

Though general contract principles apply in sports contracts, often such contracts are so important to the particular league or community, that each community has a vested financial and emotional interest in seeing their team perform well.

What is a unilateral mistake?

The agreement of parties may be affected by the fact that one or both of them made a mistake. A unilateral mistake is a mistake made by one party to the agreement. A mistake that is unknown to the other party usually does not affect the enforceability of the agreement.

What is an express contract in sports?

An express contract is a contract in which the agreement of the parties is evidenced by their words, whether spoken or written. There are virtually no more implied contracts in the sports industry. An implied contract is a contract in which the agreement is not evidenced by written or spoken words, ...

What are the elements of a contract?

There six elements that are necessary to a binding and enforceable contract: An agreement; Between competent parties; Based upon the genuine assent of the parties; Supported by consideration; Made for a lawful objective; In the form required by law. Most sports contracts are express contracts.

What is contract law?

General Contract Law Principles. A contract is a legally binding agreement. A contract represents the meeting of the minds of the parties. Contracts in sports are subject to the same principles of contract formation as any other form of employment agreement.

What is KMG marketing?

KMG will provide comprehensive and individualized marketing goals for its clients, assessing the client’s current brand and implementing a strategic marketing plan to grow the brand name recognition and to increase social media presence.

Is KMG a contract negotiating firm?

KMG has solidified itself in the sports marketplace as one of the premier contract negotiating firms. Our management team uses extensive preparation, research, and planning to generate maximum compensation for our clients.

image