Common Pitfalls and Important Considerations for Athletes and Managers Alike
As professional sport continues to develop into one of the biggest industries globally, so too do the complexity and substance of professional sporting contracts. Whether they are general competition contracts or lucrative sponsorship agreements, long gone are the days when athletes were able to adequately protect their legal and financial interests without professional assistance. This complexity has led to the advent of the athlete-manager relationship.
Athlete-manager relationships are predominately governed by contractual agreements. As the payments to professional sportspeople continues to grow, so too does the litigation surrounding athlete management agreements. While many management agreements are unique, most litigation surrounding these agreements is confined to a number of common clauses.
