I Wouldn't Trust My Mother Unless I Get It In Writing First!

Damn straight. I made her give me a receipt.

 

<i>.....Depending on the way the CBA works, this might not be relevent. Just because the contract is expired doesn't mean the Sharks don't own his rights. Similar to the MLB, where a team owns the rights to a player even if he refuses to sign a contract with them. Or in the NBA, after the draft and before you sign a player, you own the rights to him even though he's not under contract............
</i>
If a MLB baseball player has a contract that expires and gets an offer to play in Japan, his former MLB team can block him from taking that overseas contract?

If a Euro player is drafted so low that his rookie contract is not satisfactory, the team that has his NBA rights can prevent him from reupping for a new contract to play in Europe?

We can sit and debate the nuances of what a <i>contract</i> means, but the Rockets can spend 350,000 to get him out of a <i>contract</i>. Anything beyond that amount is from Ming's pocket.


Mango

 

Forget arguing over the Sharks contract. We have the answer in writing already.

FIBA controls the transfer of players from one league to the next. The will not release Ming unless the Sharks and CBA recommend it. It is that simple. That is what Carroll Dawson said.

This is not a contract we can sign. This is between the CBA/Sharks and FIBA. I suspect our next news we will hear will be FIBA giving that clearance.

<a href="http://www.nba.com/media/usab/letter_of_clearance.pdf">Here is the FIBA Letter of Clearance</a>

This release looks to not be required without Ming under contract. So, he must therefore be under contract, hence the Chronicle statement.

 

<b>.......

<a href="http://www.nba.com/media/usab/letter_of_clearance.pdf">Here is the FIBA Letter of Clearance</a>

This release looks to not be required without Ming under contract. So, he must therefore be under contract, hence the Chronicle statement. </b>


<i>..........BY APPLYING FOR THIS LETTER OF CLEARANCE AND AFFIXING MY SIGNATURE BELOW, I HEREBY ATTEST THAT I HAVE FULFILLED ALL CONTRACTUAL OBLIGATIONS STIPULATED IN ANY AND ALL CONTRACTS BETWEEN MYSELF AND ANY TEAM, CLUB ORNATIONAL FEDERATION. I HAVE READ AND FULLY UNDERSTAND ALL MATERIAL WITHIN THIS APPLICATION AND HAVE ANSWERED ALL QUESTIONS TRUTHFULLY AND HONESTLY...........</i>


The above is from the bottom of page one of the Letter of Clearance. (right above his required signature).

Does this form apply just to specific cases such as Ming, or all foreign players that fall under the FIBA umbrella?

From the top of page two of that form.
<i>
........REGULATIONS GOVERNING the INTERNATIONAL TRANSFERS of PLAYERSPursuant to FIBA regulations, a letter of clearance must be obtained from a national basketball federation in the country in which the player last played before he or she can be issued a letter of clearance from another national federation. The letter of clearance certifies that the player concerned is free to play for a team that is a member of another national federation. All the provisions of this article apply to any player who played for a team of a national federation who wishes to apply for an international transfer, irrespective of whether the player has the basketball nationality of that country or is a foreign player...........</i>


Mango

 

Almu: Let me put you at ease. Having dealt, personally, with the Rockets on contracts and things of that nature, I can tell you that they NEVER enter into ANY contract or situation lightly. Up until only recently, their primary business operations were run by accountants and lawyers. They have since added some marketing and creative people but the focus continues to be on business first.

George Postolos is a Harvard-educated attorney who is incredibly meticulous about detailed contracts and extremely competent in his work. Michael Goldberg is a principal in one of the biggest law firms in Houston - Baker Botts. These are not lightweights in any sense of the word.

If the Rockets business operations could be summed up in a phrase, it would probably be, "Proceed with caution." They take things very slowly and very little can make them move faster.

You have no reason to worry about that at all. They have the art of patience down to a science.

 

Great post Jeff.

I would like to think the trip was successfull because Yaomin is no longer saying that he must have assurances of a no-trade deal and pre draft announcement or any other impossible demands.

The trip was successful in that apparently they have set up the proper conditions that can lead to the written contracts you are talking about.

Perhaps any contract hastily signed over there would have been considered unsuccessful, because they Rockets wouldn't have had time to scruitinize the deals etc. I think going over there and rushing into an agreement that we may later regret would not have been successful.

From what it appears, the Rockets did manage to warm relations with Yaomin, take a closer look and talk with their potential draft pick, and put themselves in a better position to analyze all the angels involved.

 

Mango

The contract would still exist. Up until the ‘Bossman’ ruling in Football, teams still had to negotiate for players off contract. This would still apply to other international sports. Also, I am sure he’d be under obligation to the CBA.

Apologies for the caps locks also...I posted directly after Italy v Mexico and was fired up...Del Pirooooooooooo...goalllllllllllllllllllllll!

 

I met a really nice girl today (Thursday).
Tomorrow (Friday) night we are going out for a date and get to know each other.
I plan to request her to sign an affidavit that she's going to marry me on Saturday.

I have learned alot from the corporate world in my short 7 months.