People: Executive transactions NBA’s RSN ratings down 15 percent Coast to Coast TNT subbing ‘pod’ sponsors in NBA games First Look podcast: DeLoss Dodds Forty Under 40 Class of 2017 revealed MLS strength evident in stadium lending 12 ideas for NASCAR Emirates to sponsor USA Rugby series Sports Media: Ratings math
SBJ/January 14-20, 2013/Labor and AgentsPrint All
How times have changed.
“If you had told me he would be the No. 1 running back on the board when I met him when he was a sophomore in high school, I would have said, ‘That’s great, but you are hallucinating,’” Ghahremani said.
But more than five years after signing former Oregon State running back Yvenson, who went undrafted in the 2008 NFL draft, Ghahremani and his agency, International Sports Agency, signed his younger brother, University of North Carolina running back Giovani Bernard.
Giovani Bernard is ranked by many as the top running back in the coming NFL draft.
Photo by:GETTY IMAGES
Bernard led the ACC last year in rushing, scoring and all-purpose yards.
“We have had top prospects in the past, but, by far, Giovani is [our] top,” Ghahremani said. “I know he talked to other agents that were pretty major agents.”
Giovani Bernard is a redshirt sophomore and has two more years of eligibility, but he decided to declare for the draft for a number of reasons, including it is not a strong draft for running backs and players at that position have short careers, Ghahremani said. “Running backs get beat up,” Ghahremani said. “The eligibility is great, but when you are a running back, you are putting yourself in harm’s way. When you have a financial opportunity that can benefit you and your family, you have to take it.”
Ghahremani said he is in talks with Nike, Adidas and Under Armour about a shoe deal for Giovani Bernard. “He is going to be heavily endorsed,” he added.
Newport Beach, Calif.-based ISA represents a handful of NFL players, including Saints defensive tackle Tom Johnson and Dolphins linebacker Jason Trusnik.
> LAGARDÈRE SIGNS NFL DRAFT PROSPECTS: Lagardère Unlimited has signed a number of prospects for this year’s NFL draft, including Purdue defensive tackle Kawann Short. Lagardère also signed West Virginia wide receiver Tavon Austin and LSU linebacker Kevin Minter. The agency’s football president, Joel Segal, will represent the players.
> OCTAGON SIGNS NFL DRAFT PROSPECTS: Octagon has signed a number of prospects for this year’s NFL draft, including Oregon defensive end Dion Jordan.
Octagon also signed wide receiver Kenny Stills and safety Tony Jefferson, two juniors at the University of Oklahoma who decided to forgo their final year of eligibility to enter the NFL draft. Octagon agent Doug Hendrickson represents Jordan, while agent C.J. LaBoy represents Stills and Jefferson.
Liz Mullen can be reached at email@example.com. Follow her on Twitter @SBJLizMullen.
While many executives were still sorting through the terms of the new collective-bargaining agreement last week, NHL player agents don’t expect dramatic changes to player contracts under the deal.
Early reports in the hockey media focused on the large amount of givebacks from players in overall hockey-related revenue, but many agents declined to comment to SportsBusiness Journal to offer a full assessment of the new deal because they had yet to study it in detail. The NHL Players’ Association sent a one-page summary of some of the new terms in the CBA to agents early last week, but a full memorandum of understanding was not distributed as of press time.
Clearly the biggest change for agents negotiating contracts under the new deal is that term lengths are now capped, multiple agents said. Under the new CBA, contract lengths will be capped at seven years for most players and eight years for players re-signing with their existing clubs. Under the old deal there were no limits.
There also were changes in how teams can structure contracts as far as the “variability” of payments to players over the term of multiyear contracts. Ownership sought more flat contract payments, where players would receive the same payment every year on a multiyear deal, preventing deals from being front-loaded with big payments. Under the new deal, the payments in certain multiyear deals cannot vary more than 35 percent year over year, and the lowest year of a contract cannot be less than 50 percent of the highest year of the contract, sources said.
“Dealing with long-term contracts, you have to be much more cognizant of their structure year to year and the allocation of dollars,” said Kurt Overhardt, founder and CEO of KO Sports Inc., which represents about 30 NHL players, including Vancouver Canucks center Ryan Kesler.
But agents stressed that many elements in the new CBA are the same as the previous deal, including salary arbitration eligibility and the entry-level system term limits.
“The only real change to player contracts and structure of contracts is they are not going to be able to front-load contracts and stretch them out over 12, 13, 14 years,” said Allan Walsh, an NHL agent at Octagon Hockey, who has been a vocal critic of the NHL. “There is no question there are some givebacks in this deal, particularly for the first time ever a term limit on player contracts.
“However, when you look at what the NHL’s goals were going into this lockout in attacking every aspect of the system that allowed players to create a market for their services, [NHLPA Executive Director] Don Fehr and the players association staff did a masterful job in getting the best deal possible without losing the entire season.”