Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The NFL season has just concluded, and we have the problem of representing two offensive linemen from the Super Bowl Champion Seattle Seahawks, Russell Northbrook

The NFL season has just concluded, and we have the problem of representing two offensive linemen from the Super Bowl Champion Seattle Seahawks, Russell Northbrook and Marshawn Cinch. Unfortunately (or fortunately), both of these players are unrestricted free agents, and both will garner significant interest in the open market. There are problems here Seattle has enough salary cap room to retain only one of the two players, and both have informed you, as their agent, that they want to stay in Seattle because their families are settled there and because of the teams successes. We meet with both clients separately on May 4, 2022, and need to have an understanding as to how to move forward with representation organized prior to these meetings. Please present your best legal assessment as these are very important clients. It is your responsibility to assess the issues at hand, identify the legal issues, potential conflicts (if any) and direct the agency as to how we should proceed to adequately represent our clients and their best individual interests. 1. Identify any and all issues present. 2. Does this situation present a conflict of interest for the agency? 3. Discuss how the agency will fulfill our duties as agent to both of these athletes and what, if any, disclosures should be made to each athlete. 4. You should discuss the nature of an agents duty to his principal and whether the Simms v. Argovitz case applies in this context, and if so why? a. This discussion should include an articulation of your understanding of agency principles. b. This discussion should also include an articulation of fiduciary responsibilities of the agent to client. 5. What rules, laws, statutes, reinstatements of law, and/or case law apply to this analysis? 6. How does their unrestricted free agency status impact this overall analysis? (Note: There is no need to get into the weeds of free agency, but it is necessary to have a sufficient understanding of how free agency can affect representation of athletes who are playing for the same team.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Government and Not for Profit Accounting Concepts and Practices

Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith

7th edition

1118983270, 978-1119175025, 111917502X, 978-1119175001, 978-1118983270

More Books

Students also viewed these Accounting questions