Sports and Entertainment law is a specific branch of law that focuses on the rights of athletes and actors as well as laws such as copyright infringement and anti-trust laws. If you are in the sports or entertainment field and believe your rights have been infringed upon, contact a Miami Sports and Entertainment lawyer to represent you. What type of cases would a Miami sports and entertainment lawyer take on? Consider the recent troubles the NHL is having in Glendale Arizona over the sale of the Phoenix Coyotes.
The city of Glendale is likely going to have to pay out over twenty five million dollars if the sale of the NHL team cannot be finalized very soon. The agreement between the NHL and possible owners and the city of Glendale stated that the new owners would pay the twenty five million dollars the city had promised to the NHL in order to cover financial losses for the team’s last season. Glendale pulled the money out of an account set aside to repair utilities in the city. Residents of Glendale were promised the money would not be spent if the team was kept in the suburban city. The purchase is currently being blocked by a watch dog group who opposes parts of the agreement which include a nearly $100 million dollar payment to the new owner for managing the team’s arena. The group insists the money being used in the payment is public money and using it would be a violation of state laws. In addition, I in the latest agreement, the new owner will not be covering the twenty five million the city of Glendale is responsible for. The payment is only a portion of the teams losses for the previous season. The NHL recently sent the bill for the city’s share of the teams financial losses and is requiring payment in less than a week. Currently the prospective owner and the NHL are not commenting on the case and there does not seem likely that there will be a resolution any time soon. If an deal cannot be made quickly, it could leave Glendale taxpayers forking over a huge sum of money for a team that may not stay there.
This type of case has a lot of money at stake as well as local jobs an revenue for a suburban city. Does the so called “watch dog” group have the right to block the sale? And is taxpayer’s money being used to fund the sale? A Miami sports and entertainment lawyer deals with cases like these. With millions of dollars hanging in the balance, not hiring a lawyer is a huge mistake. A Miami sports and entertainment lawyer can protect your rights and your money.
Glendale on the hook for $25-million, by David Shoalts April 28th 2011