Sports Law Essay Example

basic contract principles. Most sports leagues now have a Standard Player's Contract which serves as a model employment contract between players and owners. The model contract can be modified to accommodate the special needs and talents of individual players. With the increase in salaries in professional sports, most players are now represented by agents. Typically, this relationship is governed by a Standard Representation Contract which defines the duties and compensation of the agent.In an attempt to regulate agent activities, many state legislatures now require agents to register with some type of administrative agency.

The two major international sports competitions are the Olympics, sponsored by the International Olympic Committee, and the World Cup, sponsored by FIFA. The United States chartered the United States Olympic Committee ("USOC") in 1950. The USOC has charge over Olympic and other related competitions (Pan Am games, etc. ) to which the United States sends a team.

There is the international association for sports law which is being made to regulate all the sports laws.Sport Law is made up of an intricate set of laws that apply to athletes and the sports they play. Sports law consists of a variety of matters, including contract, tort, agency, antitrust, constitutional, labor, trademark, sex discrimination, criminal, and tax issues. Some laws depend on the status of the athlete, some laws differ according to the sport and some laws vary for other reasons. Sports law is no longer an applied law or an amalgam of laws in some jurisdictions, which have taken the lead and enacted separate legislation concerning sports.

For instance, in India sports figures in the Concurrent list of the Seventh Schedule (entry 33) of

the Constitution on which both the union and state legislatures are competent to make laws. In the field of sports, the club is the basic unit at the grass root level. At the top of the hierarchy are the international sports bodies for each sports made up of national bodies of different countries. The national sports bodies again consist of the provincial or state bodies of different countries. The provincial state bodies comprise the different districts or clubs.Sports have developed from a mere source of personal entertainment to a global industry comprising more than 3% of world trade.

In the UK, sports provide employment to more than 420,000 people. It is one of the largest revenue generating industries of the world and with the proliferation of the Internet and other forms of media, the sports industry is set to grow even at a faster pace in the future. Thus to regulate the sports, players, business models, media, telecasting, advertisements, law has to be made to take control of all such things, and now we have online sports gambling laws also.