The expansion of the overseas market has been a blessing for basketball players and their agents.With more teams, better competition, and rising salaries, overseas teams have become a nice destination for basketball players who have little to no shot of playing in the NBA.
While the salaries look good on paper, not all teams follow through with paying American players on time. To make matters even worse, some teams are guilty of not paying certain players at all.
FIBA, the International Basketball Federation, contains an Arbitral Tribunal (FAT), which is a service for the resolution of disputes between players, agents, and clubs through arbitration. All agents should include the FIBA Arbitral Tribunal Arbitration Clause in their players’ contracts with foreign clubs. Inclusion of the clause requires teams to be bound by FAT and honour FAT awards. Teams that do not honour FAT awards should be avoided at all costs.
FIBA recently sent an e-mail to its registered agents, providing a list of clubs who are currently banned by FIBA from registration of new players based on ignoring FAT awards.
FAT CASE(S) CLUB 91 . KK Cibona Croatia 10 & 66 Olimpias Patras Greece 70 Olympia Larisas BC Greece 92 Mizo Pecs Hungary 6 Napoli Italy 13 Fortitudo Bologna Italy 79 ASD Napoli Basket Vobero Italy 113 Lotos Gdynia Poland 96 Elba Timisoara Romania 19 /27 /47 / 52 BC Ural Great Russia 63 Vojvodina Serbia 100 KK Crvena Zvezda SerbiaFIBA Bans Basketball Teams From Registration Of New Players from Sports Agent Blog – Sports Agent News, Sports Business, Sports Law, Sports Contract Negotiations, NCAA Rules and Regulations.
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