Why Pro Athletes Need a Team of Professional Advisors

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I recently came across an article about a professional athlete who was driving his SUV and collided with another car.  The woman driving the other car suffered neck and back injuries.  This story is not particularly noteworthy, except for one fact.  The athlete’s liability insurance limits are a minimal $25,000 (in Connecticut drivers are required to maintain a minimum [...]

Student-Athletes Must Know NCAA Rules for Agents, Advisors

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I recently came across an excellent article by David Bradley Olsen, an attorney in Minnesota, concerning NCAA rules governing “family advisors.”  The article, entitled Family advisors: What you don’t know can hurt you, is published on Let’s Play Hockey and details the NCAA’s rules prohibiting student-athletes from using agents and advisors.  Hockey players and their parents would be well-served [...]

UFL, Hartford Colonials Suspend Training Camp

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As you may have read by now, the UFL has suspended its training camp for 30 days and pushed back the start of its season due to financial issues.  It’s fair to wonder whether this suspension will become permanent and the league will shut its doors.  The Hartford Colonials are obviously affected by this development, [...]

Should Sports Agents be Subject to Felony Charges for Unethical Conduct?

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Arkansas and Texas have attracted attention with legislative proposals regulating unethical sports agents.  Both states have considered proposals that would impose harsh criminal penalties upon agents who break the rules.  Under the Texas proposal, agents could be charged with felonies in connection with improper dealings with student-athletes and could be subject to a staggering 10-year prison sentence.  “Far too many [...]

Friday Sports Briefs

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Sports Business Panel to be Held in Stamford M.O.D. Success, a networking group for young professionals in Stamford, Conn., is holding a sports business panel on Tuesday, May 24, 2011 from 7-9 p.m. at Butterfield 8 (112 Bedford Street).  Panelists include: Dany Berghoff (VP, of Business Development at 21 Sports & Entertainment Marketing Group, Inc.) Brian Smith [...]

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