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How are sports trades papered?
| laughsome shaky address | 07/29/17 |
| laughsome shaky address | 08/23/17 |
| electric market hominid | 08/23/17 |
| laughsome shaky address | 08/23/17 |
| Chestnut dragon | 08/23/17 |
| electric market hominid | 08/23/17 |
| marvelous scourge upon the earth psychic | 08/23/17 |
| Chestnut dragon | 08/23/17 |
| electric market hominid | 08/23/17 |
| ivory step-uncle's house coldplay fan | 08/23/17 |
Poast new message in this thread
Date: July 29th, 2017 7:10 PM Author: laughsome shaky address When teams trade players, lottery picks, and the like, how are the deals documented?
Is it a simple affair with league-approved forms?
Do they call in the biglaw tranny lawyers to work their magic with bespoke 50-page contract assignments? |
Date: August 23rd, 2017 6:15 PM Author: laughsome shaky address Kyrie Irving bump. (http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054548) |
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Date: August 23rd, 2017 6:20 PM Author: electric market hominid There are forms attached to the CBA that they use. The previous CBA is floating around on the internet out there. (http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054580) |
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Date: August 23rd, 2017 6:30 PM Author: laughsome shaky address No late biglaw nights?
No haggling over "market"? |
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Date: August 23rd, 2017 6:32 PM Author: Chestnut dragon I think Proskauer works on a lot of these (http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054680) |
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Date: August 23rd, 2017 6:33 PM Author: electric market hominid Maybe working for the league to make sure it complies with the salary cap. The forms submitted to the league aren't drafted by biglaw firms. (http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054693) |
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Date: August 23rd, 2017 6:37 PM Author: marvelous scourge upon the earth psychic LOL. Smashcut to some Fordham 2L at OCI telling a Proskauer of counsel that he's looking to go to a firm that handles NBA trades.
I think it's just handled by the Basketball Operations or some other title person, who is likely a former jock and may or may not have a law or accounting degree. |
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Date: August 23rd, 2017 6:48 PM Author: Chestnut dragon A lot of agents have law degr es (http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054841) |
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Date: August 23rd, 2017 6:32 PM Author: electric market hominid lol no. They're filled out by ex-jock GMs and the league office just reviews and approves the trades. (http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054684) |
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Date: August 23rd, 2017 6:40 PM Author: ivory step-uncle's house coldplay fan Worked on a trade once when I was in Biglaw. A small piece of it, but essentially had to review a FIBA clause re some overseas player that was part of a larger trade -- some buyout clause. It took nothing more than an hour or so, but the actual sports law attys seemed busy.
The client wasn't the player but the team itself. |