Bruce "Basketball" Jones is the all-time leading scorer for ACME College, a consensus All American, and is considered a first round draft pick for the upcoming NBA draft. He hires and signs a contract with the leading firm in the country to represent him, known for their huge contracts that their clients receive.

The agency then goes out and makes a million-dollar video on Jones to send to all the NBA teams and to be played on national television to promote him. On his final collegiate game, Jones suffers a minor ACL sprain and is not available for the playoffs, missing all of the games.

ACME College is eliminated in the initial Round of 64, with the broadcasters continuously telling of the injury Jones has, showing him in street clothes sitting on the bench. At the draft, Jones was not selected until the third round, and all the press can talk about on ESPN is the falling stock of Jones.

A very bad team, the San Francisco Stinkers, selects Jones; Jones is not happy as he had initially been approached by a great team, and he makes a fuss in the papers. The sports agent contacts Jones and tells him that he has tendered a contract with the Stinkers, and has tentatively agreed on his behalf that he will sign with the team for the league minimum.

The agent makes it quite clear that he is no longer premium stock, and that he only has a very small window to sign or there will be no deal, hence the reason the agent agreed for Jones on his behalf. Jones is not happy, refuses to sign, and also refuses to pay the agency for any and all monies that they have incurred on his behalf, and also cites that he is going to sue them as he should have received a multi-million-dollar contract based upon his past performance.

He cites the following for the basis for his pending suit: poor Restatement of Agency, failure to live up to the promises of a Principal - Agent Relationship, he states he does not have to live up to the Principal's Duty to Reimburse due to the low proposed contract, not obligated to the Principal's Duty to Cooperate, as Jones states the agency lied, failed to fulfill Agent's Duty to Perform, failed to fulfill Agent's Duty to Notify, and can end this relationship without any costs to him under Termination of an Agency, along with Termination of an Agency by Impossibility to Perform. The sports agency countersues under Wrongful Termination.

Questions:

1. Does Jones have the right to sue the sports agency?
2. Are the allegations of Jones correct? Yes or No Explain your answer and support with legal rationale
3. Are the allegations of Jones incorrect? Yes or No Explain your answer and support with legal rationale
4. Does the sports agency have a legal claim against Jones for Wrongful Termination? Yes or No Explain your answer and support with legal rationale