- Commissioner’s statement on Ventura, Marte
- Ronnie O’Sullivan: Masters champion ‘felt so vulnerable’ in final
- Arron Fletcher Wins 2017 WSOP International Circuit Marrakech Main Event ($140,224)
- Smith challenges Warner to go big in India
- Moncada No. 1 on MLB Pipeline’s Top 10 2B Prospects list
- Braves land 2 on MLB Pipeline’s Top 10 2B Prospects list
- Kingery makes MLB Pipeline’s Top 10 2B Prospects list
- New Zealand wrap up 2-0 after Bangladesh implosion
- Mathews, Pradeep, Gunathilaka to return to Sri Lanka
- Elliott hopes for rain for Poli
Legal Corner – Sometimes When You Win or Lose, You Actually Tie
- Updated: May 20, 2016
Let me elaborate as to the applicability of such a quote beyond basketball movie folklore. In the case of Hodge vs. Saski Baskonia S.A.D., Walter Hodge sought relief against his former club Saski Baskonia S.A.D. of Spain for failure to make timely payments after he was terminated. The club agreed to pay him $434,800 and set out an extended schedule for repayment.Mr. Hodge alleged that the payments were untimely and filed a claim with the Basketball Arbitration Tribunal (BAT). Saski Baskonia S.A.D refused to formally participate in the process. Instead it simply emailed BAT acknowledging the debt was owed, that it was working to make the payments, but it had some liquidity issues forcing the delays.It is not a bold assertion to state that within the international basketball community, the financial stability of many clubs is precarious. Economies stall, sponsors dry up, and the last obligation to be settled is payment to players. Consequently, it is understandable that …
continue reading in source www.eurobasket.com
