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How are sports trades papered?

When teams trade players, lottery picks, and the like, how a...
Harsh Pozpig
  07/29/17
Kyrie Irving bump.
Harsh Pozpig
  08/23/17
There are forms attached to the CBA that they use. The previ...
stimulating ladyboy boiling water
  08/23/17
No late biglaw nights? No haggling over "market"...
Harsh Pozpig
  08/23/17
I think Proskauer works on a lot of these
shaky clown mexican
  08/23/17
Maybe working for the league to make sure it complies with t...
stimulating ladyboy boiling water
  08/23/17
LOL. Smashcut to some Fordham 2L at OCI telling a Proskauer...
insecure people who are hurt senate
  08/23/17
A lot of agents have law degr es
shaky clown mexican
  08/23/17
lol no. They're filled out by ex-jock GMs and the league off...
stimulating ladyboy boiling water
  08/23/17
Worked on a trade once when I was in Biglaw. A small piece o...
Flesh Pocket Flask
  08/23/17


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Date: July 29th, 2017 7:10 PM
Author: Harsh Pozpig

When teams trade players, lottery picks, and the like, how are the deals documented?

Is it a simple affair with league-approved forms?

Do they call in the biglaw tranny lawyers to work their magic with bespoke 50-page contract assignments?

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#33881503)



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Date: August 23rd, 2017 6:15 PM
Author: Harsh Pozpig

Kyrie Irving bump.

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054548)



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Date: August 23rd, 2017 6:20 PM
Author: stimulating ladyboy boiling water

There are forms attached to the CBA that they use. The previous CBA is floating around on the internet out there.

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054580)



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Date: August 23rd, 2017 6:30 PM
Author: Harsh Pozpig

No late biglaw nights?

No haggling over "market"?

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054667)



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Date: August 23rd, 2017 6:32 PM
Author: shaky clown mexican

I think Proskauer works on a lot of these

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054680)



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Date: August 23rd, 2017 6:33 PM
Author: stimulating ladyboy boiling water

Maybe working for the league to make sure it complies with the salary cap. The forms submitted to the league aren't drafted by biglaw firms.

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054693)



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Date: August 23rd, 2017 6:37 PM
Author: insecure people who are hurt senate

LOL. Smashcut to some Fordham 2L at OCI telling a Proskauer of counsel that he's looking to go to a firm that handles NBA trades.

I think it's just handled by the Basketball Operations or some other title person, who is likely a former jock and may or may not have a law or accounting degree.

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054738)



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Date: August 23rd, 2017 6:48 PM
Author: shaky clown mexican

A lot of agents have law degr es

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054841)



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Date: August 23rd, 2017 6:32 PM
Author: stimulating ladyboy boiling water

lol no. They're filled out by ex-jock GMs and the league office just reviews and approves the trades.

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054684)



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Date: August 23rd, 2017 6:40 PM
Author: Flesh Pocket Flask

Worked on a trade once when I was in Biglaw. A small piece of it, but essentially had to review a FIBA clause re some overseas player that was part of a larger trade -- some buyout clause. It took nothing more than an hour or so, but the actual sports law attys seemed busy.

The client wasn't the player but the team itself.

(http://www.autoadmit.com/thread.php?thread_id=3688116&forum_id=2#34054764)