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New deal for HBO OTT service will mean growth for MLBAM

Published in SportsBusiness Journal on 12 / 15 / 14

MLB Advanced Media began 2014 with major video streaming deals with Sony and World Wrestling Entertainment, representing huge boosts to its non-baseball business. Its new pact with HBO to power the cable network’s forthcoming over-the-top streaming service ends the year in much the same fashio...

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Athletes First files under Chapter 11

Agent David Dunn's sports agency, Athletes First, filed for Chapter 11 bankruptcy protection on June 13. The filing in U.S. Bankruptcy Court in Santa Ana, Calif., lists the company's liabilities at $49.843 million and its assets at $10.738 million. D ...

Tags: Athletes First, Football, Labor and Agents, NFL, Steinberg & Moorad

Furyk incentives near $1M

J im Furyk will earn close to $1 million in incentives from existing sponsors and has had inquiries from new companies about endorsement opportunities as a result of his winning the U.S. Open earlier this month, said Andrew Witlieb , the golfer's longtime agent. Furyk is th ...

Tags: Clear Channel Communications Inc., Gaylord Entertainment Co., Golf, Labor and Agents, SFX, Spalding

Progress in move to regulate agents

Federal legislation that would regulate sports agents took two major steps forward earlier this month, when the U.S. House of Representatives unanimously passed the Sports Agent and Responsibility Trust Act and an identical bill was introduced into the U.S. Senate. The Senate version, intr ...

Tags: Colleges, Labor and Agents, NCAA

IMG Baseball scores a coup

I MG Baseball scored a coup earlier this month when five of its clients were selected in the first round of the MLB draft. But in what may be a more difficult feat, the agency has now represented the most first-round draft picks for three years in a row. ...

Tags: Baseball, Basketball, Colleges, Football, Houston Texans, IMG, Indianapolis Colts, Labor and Agents, MLB, NBA, NFL, San Diego Padres

Babby brings billable hours to baseball

When basketball agent Lon Babby decided late last year to expand his practice to include baseball, the sport in which he cut his teeth as a contract negotiator, he found that his hoops life had taken an eraser to all that came before it. "I spent 15 years in baseball, but now it seems I'm k ...

Tags: Baltimore Orioles, Baseball, Labor and Agents, Milwaukee Brewers

Ward focuses on motocross

Editor's note : This story is revised from the print edition. I ndy Racing League driver and motocross champion Jeff Ward has joined forces with a motorsports lawyer and a driver manager to open Ward Sports Management , an agency that will specialize in representing two-whee ...

Tags: Action Sports, Basketball, Championship Auto Racing Teams Inc., Edge Sports International, IndyCar, Labor and Agents, Motorsports, NBA, Octagon Group

Another suit in player-finance war

A company that audited more than 50 NBA players' finances has filed a lawsuit claiming that financial adviser Leland Faust's firm paid $100,000 to a friend of an NBA player in order to get the player's business. Prim Capital, which was hired by the NBA players union to audit financial advise ...

Tags: Basketball, Labor and Agents, NBA

Men's tennis association concerned

Members of the new International Men's Tennis Association are concerned about ATP responses to their inquiries on the organization's finances and business operations, including its failed relationship with ISL, a lawyer for IMTA said last week. "Some of the responses were full responses, but ...

Tags: ATP, ISL Marketing, Labor and Agents, Tennis

Boras seeks $1M bond for agents

B aseball agent Scott Boras told a House Judiciary subcommittee that sports agents should be required to post a $1 million bond before being allowed to recruit student athletes. Boras, testifying before the panel earlier this month on the Sports Agent Responsibility and Trust Act, ...

Tags: Baseball, Colleges, Football, Labor and Agents, NBA, NFL

IMS signs 10-year-old

A mong the new clients signed by IMS , an agency that specializes in representing action sports athletes, is 10-year-old skateboarder Alexis Schemmp . Circe Wallace-Hetzel , senior athlete manager at IMS, said Alexis may help fill a growing appetite from corporations for younger ...

Tags: Action Sports, Basketball, Golf, Green Bay Packers, IMS Properties Inc., Labor and Agents, Mattel, NBA, Octagon Group, Soccer, WUSA

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