Top six points to include in your Sports Contract

TOP 6 ESSENTIAL points to include in your next contract for sports professionals

Having a well-drafted and negotiated sports Contract is crucial to ensure your interests are protected so that your career can flourish.

Here are the top six essential points you should consider including in your sports Contract:

1. Definitions of Roles and Responsibilities

Your Contract should specifically outline your role and responsibilities, such as your duties, training commitments, and expectations on conduct. This clarity helps prevent misunderstandings arising during the Contract and sets a solid foundation for your professional relationship.

2. Income and Payment Terms

Ensuring your Contract specifies your salary, bonuses, and any performance-related incentives, including when and how often these will be paid. Understanding how and when you will be paid is vital for financial planning.

3. Duration of the Contract

Clearly stating the length of the Contract and any conditions for renewal, as well as potential options to extend. Depending on the length of the Term this can provide you with financial certainty and help you to plan your career path and also provides a timeline for negotiations in the future.

4. Termination Clauses

Including conditions under which either party can terminate the Contract. This should cover termination by mutual agreement and also grounds for unilateral termination, ensuring you are protected in case of unforeseen circumstances. Also, any consequences of termination and whether any clauses survive termination such as confidentiality.

5. Image and Brand Rights

As a sports professional, your image is often a significant asset for commercialisation. Ensure the contract specifies how your image and likeness can be used by either party, and whether you’ll receive payment for endorsements or promotional appearances and on what terms.

6. Dispute Resolution Mechanism

Outline the process for resolving any disputes that may arise during the Contract period. This should include mediation or arbitration and expert determination procedures, which can save time and money compared to litigation, and keep disputes away from public scrutiny.

Sports Professionals should consult with their Lawyer to ensure their Contracts are tailored to their specific needs and circumstances. Protecting legal rights from the beginning, and at each new Contract renewal, can help pave the way for a successful and secure career.

For Clear, precise advice in plain english contact mls@vslaw.co.uk – Michael Sandys drewbarrow@vslaw.co.uk – Drew Barrow or on 01772 555 176