What are thoughts contractual agreement in sports law impact

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Reference no: EM133650153

Problem: What are your thoughts Contractual agreements in sports law impact the rights and obligations of athletes, teams, and sponsors in many ways. Some contracts may require you to fill out an NDA, so you legally cannot disclose any information about the deal, you may not be allowed to publicly support certain brands, and there might be something about getting into legal trouble could void the contract altogether. It can be extremely serious if you get caught violating the terms and conditions of a contract. It is very possible you could get sued for everything you own, and you might never be able to get deals again. If other teams or companies see that you have a history of violating contracts, they won't want to work with you. Key legal considerations that arise in negotiating, drafting, and enforcing sports contracts include how much the player is expected to get paid, how long the contract will be in effect, the legalities of what is expected of the athlete to do, among so many other things.

Reference no: EM133650153

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