Attorney General, Lorretta Lynch announced this morning that the DOJ had issues a superseding indictment, “which includes new charges against new defendants, as well as additional arrests and guilty pleas in connection with our ongoing investigation. ” If you have been living under a rock or are not a soccer fan, in May the DOJ unsealed a 42-count indictment against 14 world soccer officials and sport marketing executives. Today’s news adds 92 counts and 16 defendants, 8 of which have already pleaded guilty.
“These defendants include the sitting presidents of two of FIFA’s six continental soccer confederations – CONCACAF, which covers North and Central America and the Caribbean, and CONMEBOL, which covers South America.” The indictment list charges of racketeering conspiracy amongst other crimes and expands the bribery and corruption charges from the original indictment. “The Department of Justice is committed to ending the rampant corruption we have described amidst the leadership of international soccer . . .”
For more info see the announcement from today’s press conference at http://www.justice.gov/opa/speech/attorney-general-loretta-e-lynch-delivers-remarks-press-conference-announcing-law
Adrian Peterson will not play in the NFL in 2014.
Peterson has missed the Vikings’ past nine games after being charged in Texas with committing reckless or negligent injury to a child. The felony charges stem from injuries Peterson’s son sustained when Peterson disciplined him with a switch.
The NFL has ruled that Peterson, who has pleaded no contest to misdemeanor reckless assault charges, will be suspended without pay for at least the remainder of the 2014 season. The Vikings running back will not be eligible for reinstatement before April 15, 2015.
NFL executives discussed possible disciplinary actions on Monday. Arbitrator Shyam Das rendered the decision; the NFL Players’ Association has already announced it will appeal.
“The timing of your potential reinstatement will be based on the results of the counseling and treatment program set forth in this decision,” NFL commissioner Roger Goodell said in an open letter to Peterson. “Under this two-step approach, the precise length of the suspension will depend on your actions. We are prepared to put in place a program that can help you to succeed, but no program can succeed without your genuine and continuing engagement. You must commit yourself to your counseling and rehabilitative effort, properly care for your children, and have no further violations of law or league policy.” …
For full story visit: http://sports.yahoo.com/blogs/nfl-shutdown-corner/adrian-peterson-suspended-through-2014-141604224.html
The Ray Rice saga appears to be nearing its end with a hearing before former Federal Judge Barbara S. Jones, who is serving as an arbitrator to hear the Players Association’s appeal from the indefinite suspension of the running back issued by NFL Commissioner Goodell. The Union has used the appeal as an opportunity to make its case that all NFL disciplinary matters should be reviewable by an arbitrator as is the case in other unionized professional team sports. The statement it issued after the close of testimony extolled the “fair and thorough hearing” Rice had received: “We commend NFL owners and officials for the wisdom of this decision which enhances the credibility and integrity of our business.” The NFL agreed to have an outside neutral hear the Rice case because the Commissioner was going to testify.
Arbitration is the greatest invention of the American labor movement. Virtually every collective bargaining agreement in all industries contains a provision for the appointment of an arbitrator to hear unresolved disputes between the parties to the agreement. Parties to the agreement design a system that meets their particular needs. In the sports industry, it is most common for labor and management to select a “permanent” arbitrator who will hear all unresolved cases. Permanent, of course, does not mean forever. When a neutral issues an opinion involving a star of the sports, such as Terrell Owens or Ryan Braun, it is not unusual that he will have heard his last case for those parties. …
For full story visit: http://m.huffpost.com/us/entry/6124174
WASHINGTON—A committee that creates the model for the country’s sports-agents laws broadly agreed Friday to expand the definition of an agent to include certain types of financial advisers.
The committee plans to broaden the language in the draft of the law to include individuals who offer gifts or money to student-athletes in a bid to win their business later when they turn professional. Advisers would be regulated under states’ sports-agents laws if they try to help a student-athlete sign a professional sports contract or charge the player differently than other clients.
“The law must encompass a wide definition of what a sports agent is,” said Jeff Hawkins, senior associate athletic director at the University of Oregon and a participant in the discussions. “It should be anyone who seeks to profit off a student-athlete’s abilities or reputation.”
Otherwise, Mr. Hawkins said, such individuals “work in the shadows.”
The decision comes the same day a page-one article in The Wall Street Journal highlighted financial advisers who courted amateur athletes while they were in college and then allegedly lost the athletes’ money when they went pro. …
For full article visit: http://online.wsj.com/articles/sports-agents-laws-to-cover-some-financial-advisors-1415399495?tesla=y