Hearings Continue Look Into Agents Paying College Athletes

Agents paying college athletes is an issue that isn’t going away anytime soon.  The LA Times  covers a recent hearing at the LA Coliseum investigates the issue, as the proposed legislation is intended to add some teeth the rules already on the books.  It’s going to continue being a  state issue, but with politicians and lawmakers involved at this point, they have potentially found further incentive to begin enforcing these rules into the future:  Political gain……..wrapped in the “Protecting Student Athletes from Unscrupulous Athlete Agents” billing.

UFC Increases Insurance for Fighters

Great news from Franklin McNeil on ESPN.com, covering the recent announcement that the UFC has elected to increase the insurance coverage it currently offers for fighters.  This means more than getting dental and vision, as the new coverages also include accident insurance to cover the fighters in case they are injured during training.  This is a huge step forward for the UFC and its competitors, and excellent news for these deserving athletes.

Mothers, ex-wives party to lawsuits against NFL due to potential harm caused by Lockout, NBA possibly next

In anticipation of the NFL Lockout extending into the regular season, NFL players are beginning to file suits to lower their alimony and/or child support obligations due to their loss of income.  This, however, raises an interesting argument from the perspective of the beneficiaries of this support.  If the NFL and its employees cannot settle its labor dispute prior to the regular season getting underway, these beneficiaries stand to suffer great financial hardship.  An interesting look by Bloomberg into the cash flow concerns and legal ramifications of this current NFL and future NBA labor dispute, certain to effect a large number of its employees.

NFL Players Poised to Cut Alimony, Making Wives Industry Dispute Victims

When a Players Union Doesn’t Help the Players

When a Players Union Doesn’t Help the Players

Interesting thoughts from sports agent, Arn Tellem, in the New York Times about NFL and NBA unions’ place in today’s sports business landscape.  The impact of this year’s NFL Lockout is already demonstrating the changes coming to the unions place in sports, as seen in the NFLPA decertification and forcing negotiations into the hands of the courts.

Former Pro Athletes Look to Wall Street for Real Riches

Former Pro Athletes Look to Wall Street for Real Riches

The story of early retirement starts out much the same.  However, these former athletes carry their determination and dedication from their sport into the boardroom.  Great examples for athletes succeeding in retirement.

2011 NFL Draft: Financial Uncertainty

Like most, the 2011 NFL Draft comes as a welcome distraction from the talk of Lock-Out, mediator decisions, and player-coordinated workouts in the absence of accessibility to NFL facilities.  It’s a welcome joy to hear about the next class of hopefuls, the excitement, and see the fans excited for football again.

And as the First Round gets underway, my mind begins to wonder back towards the harsh reality of today’s football landscape, and what that now means for these young men so eager to begin their careers.  Not the delayed contract talks and missed workouts.  Instead my thoughts turn to the financial changes certain to affect every single first rounders and their dollars lost.

Let’s take Jake Locker for example.  Follow