America’s Favorite Pastime: Adding up the Stats for a Fantasy Success

by Meghan Collins February 19 2010, 10:38
As pitchers prepare to report to training camp, America’s favorite pastime is gearing up for the 2010 season. While players begin competing and vying for a coveted spot on the team roster, many Americans participating in fantasy baseball leagues are preparing to draft their own “dream team.” Each year fantasy baseball leagues gain more attention and participation, with an average of 29.9 million active users spending over $800 million dollars directly on fantasy sports products as well as $3 billion of sporting goods. [1] Within this lucrative field, the Major League Baseball Association (“MLB”) as well as the Major League Baseball Players Association (“MLBPA”) worry that the financial success of the fantasy sports industry may hinder potential revenue possibilities. Through the use of professional baseball players’ performance stats to determine the overall success of the fantasy teams, issues of copyright infringement as well as violation of the right to publicity arise, resulting in lawsuits against licensing deals and the overall leagues. Although professional athletes claim to have a right of publicity in their name as well as performance statistics, fantasy baseball leagues should continue as is because performance statistics are not copyrightable under the Federal Copyright Act and litigation in this matter would far exceed the benefits received by the MLB. [More]

Reorganizing the Team: Chicago Cubs File for Bankruptcy

by Meghan Collins November 1 2009, 22:58
In the struggling economic climate, many corporations have sought bankruptcy relief. Numerous financial institutions such as the automobile industry and electronic corporations have become accustomed to seeking such restructuring aid and most recently, even the sports world is no longer immune. In October 2009, the Chicago Cubs organization became yet another victim in this economic downturn as the Tribune Company filed Chapter 11 bankruptcy for the baseball team. Although many companies have sought relief due to monetary struggles, “‘You don’t have to be insolvent to be in bankruptcy [. . .] All you need is a legitimate business reason.’” [1] The Chicago Cubs seek reprieve as a way to sell the organization in a tight credit market to an eager buyer, not willing to take on the debt of the parent corporation to its creditors. Through the sale of the Chicago Cubs, the organization can look forward to new ownership, ward off all creditors to the parent corporation, and possibly one day shed their “lovable loser” status. [2] [More]


Bankruptcy | Sports

Knock-off the Knockoffs: The Fight Against Trademark and Copyright Infringement

by Meghan Collins September 21 2009, 09:53
I. Introduction

Gucci, Fendi, Prada, Coach; Designers most individuals know, but few can afford. Yet, despite their high prices, countless individuals sport these designer labels on a daily basis. Chances are however, the majority of these ‘designer duds’, including sunglasses, handbags, electronics, and even drugs, are not authentic. Over the past few years, this knockoff fetish has become increasingly popular throughout the world, especially with the recent economic downfall. With a high demand for these items and popular acceptance of this act, few consumers consider the illegality and danger of owning and supporting these unlawful products. [More]

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