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How are sports trades papered?

When teams trade players, lottery picks, and the like, how a...
carnelian vigorous area
  07/29/17
Kyrie Irving bump.
carnelian vigorous area
  08/23/17
There are forms attached to the CBA that they use. The previ...
jet ungodly parlor black woman
  08/23/17
No late biglaw nights? No haggling over "market"...
carnelian vigorous area
  08/23/17
I think Proskauer works on a lot of these
Ocher very tactful mood
  08/23/17
Maybe working for the league to make sure it complies with t...
jet ungodly parlor black woman
  08/23/17
LOL. Smashcut to some Fordham 2L at OCI telling a Proskauer...
lemon blathering business firm international law enforcement agency
  08/23/17
A lot of agents have law degr es
Ocher very tactful mood
  08/23/17
lol no. They're filled out by ex-jock GMs and the league off...
jet ungodly parlor black woman
  08/23/17
Worked on a trade once when I was in Biglaw. A small piece o...
thirsty honey-headed doctorate
  08/23/17


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Date: July 29th, 2017 7:10 PM
Author: carnelian vigorous area

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: carnelian vigorous area

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: jet ungodly parlor black woman

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: carnelian vigorous area

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: Ocher very tactful mood

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: jet ungodly parlor black woman

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: lemon blathering business firm international law enforcement agency

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: Ocher very tactful mood

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: jet ungodly parlor black woman

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: thirsty honey-headed doctorate

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)