Sports Contract Law
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Sports contracts are similar to those in everyday life – they are legally binding agreements between two or more parties. Failing to perform any term of a sports contract, written or oral, without a legitimate legal excuse is a breach of that contract. A breach may include failing to perform, failing to achieve the results that the sports contract required, failing to play, interfering with other sports contracts, affecting recruitment of other sports athletes and coaches, and various other sport contract-related terms.
Recovery for a breach of a sports contract can be both financial and equitable. In other words, the prevailing party can recover monetary damages and/or specific performance. Monetary damages include actual damages you have suffered, such as loss of wages, loss of earning capacity, and consequential damages, as well as attorney fees. Specific performance is when a court rules that a term in the sports contract must be completed. For example, if you are a sports athlete and your contract states that the team must commit to a charity event of yours, and the team fails to do so, the court can order fulfillment of that promise.
A sports lawyer is required for sports contract cases for several reasons. First, a sports contract is not a typical agreement. A sports contract involves highly complex terms, large monetary values and, many times, high profile lawyers on the other side. A sports lawyer understands how to navigate through these issues. Second, a sports contract can be very public. In professional sports leagues, the terms of contracts are typically made public as soon as the agreement is signed. Understanding how to handle the public relations aspect of these sports contracts is important and an issue that sports lawyers at The Potts Law Firm can handle. Finally, a sports contract can be a rare opportunity in an athlete or a coach’s career. Therefore, each contract sports contract is as important to The Potts Law Firm as it is to the client.
At The Potts Law Firm, we have the experience to provide you with a comprehensive understanding of your sports contract case and keep you informed throughout the process. If you have a sports contract case that you would like to discuss with a sports lawyer, please contact us at 888.902.6245 to schedule your free consultation.
- Actual damages
- Loss of income
- Loss of earning capacity
- Consequential damages
- Attorney fees
- Court costs
- All professional sports athletes, coaches and managers
- The majority of college sports athletes, coaches and managers
- Sports agents and managers
- Professional and college team physicians
- Professional and college sports teams
- Professional and college sports leagues
- eSports leagues, players and teams
This means that the law firm will work on your case and usually advance the expenses of litigation, but will not charge you unless and until they recover money damages for you.
Typically, The Potts Law Firm works on a contingency fee basis. In other words, the attorney fees are a percentage of the gross settlement amount. This means that if there is no money received, you do not owe us attorney fees.
No. Many non-professional athletes such as college athletes have cases that The Potts Law Firm can represent them on.
It depends. Your sports law case might be so straight forward that we are able to resolve it with a letter and a few negotiations. This could take only a few months to complete. On the other hand, your case may require a lawsuit which, depending on the court, can take anywhere between 18-36 months to complete.
Many factors weigh into the value of a sports contract case. Each case is different from the other. Only a sports lawyer can determine such an amount with the aid of expert witnesses.