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2020-24 MLS-MLSPA Collective Bargaining Agreement – RUSSO LAW AND SOCCER

The five-year agreement runs from February 1, 2020 until January 31, 2024. The new CBA features the players receiving a share of media revenue for the first time in history in addition to increased investment in player spending, greater salary budget flexibility across rosters, an increase in charter flights and expanded free agency. “As we […]

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Allocation Money | 2015-2019 – RUSSO LAW AND SOCCER

Allocation Money is money that is available to a club in addition to its Salary Budget, as either (i) General Allocation Money; or (ii) Targeted Allocation Money (guidelines for each set below). General Allocation Money Each club receives an annual allotment of General Allocation Money. In 2019, that allotment is $200,000 per club. A club […]

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2021 Season – RUSSO LAW AND SOCCER

Club Internacional de Fútbol Miami opened their second season at their home in Fort Lauderdale. The stadium is located at the site of the team’s training facility off of Commercial Boulevard, at the site of the former Lockhart Stadium. Shortly before the season began, the team signed a naming rights agreement with Autonation, the Fort […]

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2019 MLS Expansion Draft – How It Works (Rules And Procedures) – RUSSO LAW AND SOCCER

During the 2019 MLS Expansion Draft on Tuesday, Nov. 19, Inter Miami CF and Nashville SC may add up to five players to their rosters in preparation for their inaugural 2020 season.  Key dates MLS Expansion Draft: Tuesday, November 19, at 5:30 p.m. EST. The list of players eligible for selection will be released on Saturday November […]

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Want A Great Culture At Your Football Club? Start With This. – RUSSO LAW AND SOCCER

January 15, 2019. By Kenneth Russo, Esq.  – A company’s values form its culture, which shapes how a company is perceived. A football club is no different. Taking this approach is the first step to communicating the club’s message and establishing a great culture. Le Stade de la Beaujoie, Nantes, France Communicating the company’s message […]

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USL League One | Players – RUSSO LAW AND SOCCER

(UPDATED/Dernière Révision: 17 July / 17 jullet 2020) Link Chattanooga Red Wolves SC     Richmond Kickers     South Georgia Tormenta FC     Union Omaha     Greenville Triumph SC     New England Revolution II     North Texas SC     FC Tucson     Orlando City B     Forward […]

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Uncategorized – RUSSO LAW AND SOCCER

Post author By Ken Russo Post date 09/07/2020 Orlando City 2 – 1 Inter Miami Nani was involved in both Orlando City goals as the Lions overcame Inter Miami in the opening game of the MLS is Back Tournament. Post author By Ken Russo Post date 01/06/2020 1 June 2020 News from the world of […]

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Womens Football – RUSSO LAW AND SOCCER

MIAMI (23 July 2020) — NWSL expansion to Louisville was announced in the fall of 2019. This month, the new Louisville expansion team in the National Women’s Soccer League (NWSL) revealed its name and identity. The beautiful game has indeed found an enthusiastic home in Louisville. In a definite nod to famous clubs around the world […]

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Major League Soccer – RUSSO LAW AND SOCCER

The tremendous growth in Major League Soccer seen in recent years was not always the case. Read the 2014 interview of Commissioner Don Garber by Graham Parker, discussing the darkest period of MLS history in 2001-02, a painful contraction and consolidation of many of the remaining teams into the hands of a few charter owners […]

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Sleeve Sponsorships – RUSSO LAW AND SOCCER

Start Date 2020 season ( 4 year pilot program) Primary Advantage Represents an additional source of revenue for the league’s clubs. Anticipated Revenue Between $500,000 and $1 million USD per year to the clubs able to fill the new slot. Comparison to Premier League Revenue Manchester United’s deal with Kohler is worth as much as […]

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Grupo MEDIAPRO, Official Media Partner of Canadian Soccer Business – RUSSO LAW AND SOCCER

Spanish media giant MEDIAPRO has acquired the global media rights to a suite of Canadian soccer properties, including the soon-to-launch Canadian Premier League (CPL). The CPL debuts on April 27, 2019. Under a wide-ranging deal with Canadian Soccer Business (CSB), the entity set up last year to commercialise the CPL and several other Canadian soccer […]

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MLS Rules – Transfer Fees on Homegrown Players – RUSSO LAW AND SOCCER

Basic Scenario: An MLS Club, let’s call it Club A, has a player with Homegrown status. During one of the official transfer windows, that player is transferred to a club outside of MLS. Club A receives a transfer fee for that player. New Rule Allows Clubs to Retain Transfer Fees MLS adopted a rule change […]

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MIAMI MLS CONCEPTS 2014-2018 – RUSSO LAW AND SOCCER

by KER Degns (Studio K) In the long ¨winter¨ between the initial excitement of the announcement by David Beckham in 2014 that he had chosen Miami to be the home of his new MLS expansion club, and the official unveiling of the team name and badge in the early morning hours of Wednesday, September 5, […]

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Irrevocable Letter of Credit – RUSSO LAW AND SOCCER

An irrevocable letter of credit (“ILOC”) is an official correspondence from a banking institution that guarantees payment for goods or services being purchased by an individual or entity. Such individual or entity is referred to as the applicant. The banking institution that receives the request and aaccepts same is referred to as the issuing bank. […]

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