LeBron, LeBron, LeBron. With the 2013-14 NBA season in its infancy, it seems as though the biggest topic of conversation is whether LeBron James is going to opt out of his contract with the Miami Heat two years prior to its expiration and sign a new mega deal. As pundits weigh in and teams’ salary cap experts scramble to figure out how they might be … Continue reading The NBA Rule That May Make Dwyane Wade’s Free Agency More Interesting Than LeBron’s
By: Todd Burach, Ruling Sports Contributor (Twitter: @ToddBurach) For many reasons, a vast majority of professional athletes struggle to manage the lucrative financial rewards of their playing careers. One major well-documented cause is what is called the ‘lure of tangible investment’, essentially an athlete’s desire to pursue entrepreneurship. It is a sexy, seemingly financially attractive means to invest one’s time and money. The appeal of … Continue reading Entrepreneurship for Athletes: The Magic Formula
By: Todd Burach (Twitter: @ToddBurach) Todd Burach works in wealth management in New York City. He specializes in asset allocation and investment strategy for upper high net worth clients, including corporate executives, professional athletes and entrepreneurs. He is a 2007 graduate of Syracuse University where he was a member of Coach Boeheim’s back-to-back Big East championship teams. In 2012, Todd completed his MBA at New … Continue reading Guest Post: A Proactive Cure for the Athlete Wealth Disease Epidemic – Part 2
By: Todd Burach (Twitter: @ToddBurach) Todd Burach works in wealth management in New York City. He specializes in asset allocation and investment strategy for upper high net worth clients, including corporate executives, professional athletes and entrepreneurs. He is a 2007 graduate of Syracuse University where he was a member of Coach Boeheim’s back-to-back Big East championship teams. In 2012, Todd completed his MBA at New … Continue reading Guest Post: A Proactive Cure for the Athlete Wealth Disease Epidemic – Part 1
On Tuesday, the NCAA, NBA, NFL, NHL and MLB filed a lawsuit in the United States District Court for the District of New Jersey seeking declaratory and injunctive relief challenging the State of New Jersey’s “plan to sponsor, operate, advertise, promote, license and authorize gambling on amateur and professional sports.” The lawsuit names New Jersey Governor Christopher Christie, the state’s Director of Gaming Endorsement and … Continue reading NCAA and Major Professional Sports Leagues Seek to Prevent Sports Betting in New Jersey
By: Richard Braun, Ruling Sports Intern (Twitter: @RicBraun) When the Nets traded for Joe Johnson last night, Dwight Howard’s desire to move to Brooklyn took a major hit. As a result, if he wants to maximize his future earnings, Howard is going to need to be open-minded about his future home. Howard’s next contract will almost certainly be for the maximum salary allowed under the NBA … Continue reading Which Team Will Sign Dwight Howard?
From 1988-95, Charles Grantham served as the first executive director of the NBPA. Grantham rose to the ranks of executive director after beginning work with the NBPA upon completing his MBA at the Wharton School at the University of Pennsylvania. Prior to holding the position of executive director, Grantham served as the NBPA’s vice president of marketing and administration and executive vice president. The vast … Continue reading Former NBPA Executive Director Charles Grantham’s Analysis of the New NBA Collective Bargaining Agreement
By: Richard Braun, RulingSports.com Intern (Twitter: @RicBraun) Whenever a new stadium is approved to be built or remodeled for a team, such as what has recently been approved in Minneapolis for the Vikings and in San Francisco for the Warriors, the controversy typically revolves around how these facilities are financed. The Brooklyn Nets, however, face a different series of legal issues as they prepare … Continue reading Legal Implications Surrounding the Brooklyn Nets’ Move to the Barclays Center
On May 30, 2012, the 2012 NBA Draft Lottery will be held. Since 1990, the NBA has engaged a weighted lottery to determine which of the fourteen teams that did not make the playoffs in the previous year (or the team to which they traded their draft pick) will receive the top draft pick. The NBA’s process of selecting which team will receive the number-one … Continue reading The NBA Draft Lottery: Which Team Should Pick First?
Nearly eight years ago, while playing for the Indiana Pacers, Ron Artest was handed the longest suspension in NBA history for his part in the “Malice in the Palace” brawl between the Pacers and the Detroit Pistons. As a result of that suspension, Artest missed a total of 86 games. Yesterday, Artest who recently changed his name to Metta World Peace, was ejected from the … Continue reading NBA Suspensions and Appeals