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Baseball Primer Newsblog— The Best News Links from the Baseball Newsstand
Friday, November 02, 2012
SHOW HIM THE MONEY!
On October 6, baseball pitcher Roman Colon elected to become a free agent. Twenty-three days later, the Dominican-born professional baseball player filed a lawsuit against his former sports agent John David (J.D.) Smart and Smart’s former employer, Hendricks Sports Management, LP. Colon says that the agent and agency should pay for failing to inform him of an offer made by a Korean baseball team. Colon has asked for a reward of at least $1 million.
After a few years of performing for the Atlanta Braves, Detroit Tigers and Kansas City Royals, Colon was offered and accepted a contract to play for the KIA Tigers in Korea. He was used as a starting pitcher and went 8-7 with a 3.91 ERA. According to the Complaint, which was filed by his attorneys Patrick Zummo and Adam B. Kenner, Colon’s agent began negotiating a new contract with the KIA Tigers, and the team eventually presented a qualifying offer of 75% of Colon’s prior contract. However, Colon was never notified of the offer. The qualifying offer was terminated, but the team retains Colon’s rights in Korea for an additional five years.
The Complaint alleges that if Colon had known about the qualifying offer, he would have immediately signed with the KIA Tigers. Instead, Colon signed with the Los Angeles Dodgers for a monthly payment of $12,500.
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1. Everybody Loves Tyrus Raymond Posted: November 02, 2012 at 03:28 PM (#4291051)Yes, indeed. Smart left Hendricks in September and now works for Excel (whose highest-profile clients are Derek Jeter, Ryan Howard, and Zack Greinke).
-- MWE
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