Will 2011 see a rise in injury settlements in the NFL?; Rookie seminar in NBA canceled; definition of an agent
July 27, 2011
Will there be a rise in injury settlements in the NFL ?
Will there be a rise in injury settlements during NFL training camps this year? Now that NFL training camps are open, we think there will be a strong chance to see a record number of injury settlements. Camp rosters are now expanded to ninety players, hundreds of undrafted free agents have been signed without mini-camp experience and drafted players and veterans are reporting to camp after missing off-season workouts and OTAs. This appears to be a recipe for more than the usual number of injuries that occur in training camps in most years.
Many agents represents so-called "camp players" who have little chance to make a 53 man roster. If the camp player gets hurt in training camp, more often than not he will receive an injury settlement from the club, thus earning a fee for the agent who would have received nothing if the player was released. Though seldom ever admitted, the agent is happy to receive a commission from an injury settlement. 2011 promises to bring a record numbers of injuries in training camps because of the expanded rosters and the lack of off-season training programs. This in turn should result in a much higher than normal number of injury settlements.
For more on injury settlements, see SLTs 2009 look at injury settlements in the NFL.
Injury Settlements - part one
Injury Settlements - part two
Injury Settlements - part three
Injury Settlements - part one
Injury Settlements - part two
Injury Settlements - part three
NBA cancels rookie transition program.
Similar to the NFL canceling its rookie seminar for drafted players, the NBA has canceled its rookie seminar.
NCAA looking to broaden the definition of an agent
Because of the scrutiny placed on Cam Newton and his father last year the NCAA is looking to change the definition of an agent. An NCAA panel is proposing this following definition of an agent:
anyone who represents or attempts to represent a current athlete or prospect in marketing them for financial gain, or seeks money or other benefit for steering a prospect to a school or from the athlete’s potential earnings during a professional career.
anyone who represents or attempts to represent a current athlete or prospect in marketing them for financial gain, or seeks money or other benefit for steering a prospect to a school or from the athlete’s potential earnings during a professional career.
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