JAMAICA, NEW YORK – August 17th, Kap Misir, Senior Associate at Jeff Fannell & Associates, joins the adjunct faculty at St. John’s University School of Law. Kap will be teaching a first-of-its-kind course at St. John’s Law in Salary Negotiation & Arbitration in Sports. The course takes an in-depth, comparative look at the salary arbitration rules and procedures in Major League Baseball and the National Hockey League. Kap, and his co-professor, Ryan Lake, of the Denver-based Lake Law Group, will guide students in developing contract negotiation skills, and in the preparation and presentation of salary arbitration cases. Kap has extensive experience in MLB salary arbitration and contract negotiation, while Ryan has similar expertise in professional hockey. Kap received his undergraduate degree in Legal Studies from St. John’s University, his J.D. from Western Michigan University, Cooley Law School and his LL.M in U.S. and International Sports Law from St. John’s University School of Law. He returns to St. John’s to teach the one-credit intensive course, which will run from August 17 through August 27.
Ask most any lawyer and they will tell you that the only reason they took a course in tax law during law school was either because it was required or because it was a subject on the bar exam. Other than that, the majority of lawyers want little-to-nothing to do with the tax code – municipal, state or federal. Yet, for lawyers practicing in the sports industry, tax considerations crop up often – in the negotiation of player contracts, in player free agency decisions, in stadium and arena development, player and club tax filings and other areas. One controversial area in sports that raises a host of tax implications is the so-called “jock tax.” The jock tax is the income tax levied against visitors to a city or state who earn income in that jurisdiction. Although many professionals travel to other jurisdictions to conduct business (e.g., salespeople, lawyers, entertainers, etc.), athletes are easy targets because their presence in the jurisdiction is publicly known, as is their salary. Thus assigning “duty days” to these athletes for jock tax purposes, is fairly simple to do. Recently, NHL players reached a settlement with the State of Tennessee over the state’s jock tax. The […]