Monthly Archives: August 2013

Player-Agent Agreements: Is your Rollover Clause Legal? Part II

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lawsuit-settlement-fundingThis is the second part of a two-part series on rollover provisions in player-agent agreements. To see the first part, click here.

 

Remedies

 

The point of all this, of course, is how can an agent enforce his player-agent agreement on a) players who go behind the agent’s back to sign with a new agent, and b) agents who poach players under a binding contract.

 

a) Enforcing against Players who Breach

 

How can an agent enforce his player-agent contract against a player? The agent can always petition FIBA to sanction the player.  The FIBA regulations prohibit certain actions by players. “A player may use the services of only one Agent licensed under the terms and conditions of these Regulations.” FIBA Reg. 163.  FIBA has the authority to sanction Players who violate FIBA Regulations: “In the event that a player uses the services of . . . more than one agent at the same time, FIBA acting through the Secretary General is entitled to:

 

a.… Read More

Player-Agent Agreements: Is your Rollover Clause Legal? Part I

breach of KThe past few months we have received several complaints from FIBA agents about players signing contracts behind their backs and other agents poaching players. This two-part article explores the legality under the FIBA regulations of rollover clauses in player-agent agreements and what remedies agents have against their former players and other agents. To view the second part, click here.

 

Rollover Clauses

 

A rollover clause is a contractual provision that causes the contract to roll over after each agreed period until cancelled by one party. Many FIBA agents utilize a 1-year rollover provision that requires notice prior to 30 days before the end of the 1-year term. This type of provision eliminates the need to re-sign the player each year and gives both the player and agent confidence for the future. Many player-agent agreements are signed in the summer months, which is the peak scouting and signing season for European teams. If an agent were constantly unsure about a player’s status because the agent had to re-sign the player during the summer each year, that agent would be less likely to focus his energy on getting that player a job.… Read More