Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Author: Scarinci Hollenbeck, LLC
Date: July 21, 2015
The Firm
201-896-4100 info@sh-law.comHowever, before a player decides to holdout, he should consider the consequences with his agent.
Holdouts come up each year as players, unhappy with their current contracts, consider whether to skip mandatory activities – and possibly even games – to force their teams to consider offering them better deals. The threat of missing their top players for important training activities is often enough for teams to kick-start discussions on a new deal. Other times, the players simply return to camp with nothing more than missed practice time and maybe a fine to show for it.
Holdouts come down to essentially the same formula each time: A player who wants to be paid proportionally to his perceived performance, and a team that wants to save money in efficient deals and put in place safeguards should the individual fail on the field.
Before a player holds out, he should consider whether he is willing to pay the fines that he could face under the Collective Bargaining Agreement. Not attending the mandatory three-day minicamp can end with a $69,455 fine under the agreements. These minicamps, which began recently, are an opportunity for players to really begin making a statement.
Additionally, depending on a player’s contract, holding out could have costly contract ramifications. If the contract includes stipulations that the player should attend a certain number of training activities to earn a bonus, a holdout could cause him to lose out on that extra money.
Once training camp really gets going – toward the end of July – teams can hit players hard for holding out. Each missed day can cost $30,000. This is where players have to start thinking about whether or not a holdout is a good idea – is there a real possibility of getting a better deal, or will this just end with a pile of fines?
Before holding out, talk the idea through with other players who have done the same thing, or are considering it, as well as with an agent.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Small businesses considering buying commercial property in New Jersey must evaluate a range of legal, financial, and operational factors. While ownership can offer long-term value and control, it also introduces significant risks if not properly structured. This guide outlines key considerations to help New Jersey business owners make informed decisions, minimize legal exposure, and successfully […]
Author: Robert L. Baker, Jr.

On January 28, 2026, staff of the U.S. Securities and Exchange Commission’s Divisions of Corporation Finance, Investment Management, and Trading and Markets issued a joint statement clarifying how existing federal securities laws apply to tokenized securities. The SEC’s “Statement on Tokenized Securities” does not establish new law, but it does provide greater clarity on the […]
Author: Dan Brecher

Operating a business in the New Jersey and New York City metropolitan region offers incredible opportunities, but it also requires navigating a dense and highly regulated legal environment. From entity formation to regulatory compliance, seemingly minor legal oversights can expose business owners to significant risk. In our work with businesses throughout the region, our attorneys […]
Author: Dan Brecher

High-profile founder litigation is more than just a media spectacle. For startup founders, these cases underscore the legal and structural risks that can arise when rapid growth outpaces formal oversight. While launching a new company can be both an exciting and deeply rewarding endeavor, founders must be mindful that it also comes with significant risks. […]
Author: Dan Brecher

Every New Jersey company should periodically evaluate its governance framework. Strong corporate governance protects directors and officers, builds investor confidence, reduces litigation exposure, and positions a company for sustainable growth. The first quarter of the year is a great time to evaluate your corporate governance practices and perform any routine maintenance needed to keep that […]
Author: Ken Hollenbeck

Being served with a lawsuit is one of the most stressful legal events a business or individual can face. Whether the claim involves a contract dispute, an employment matter, an intellectual property issue, or another legal challenge, the actions you take in the first few days can significantly shape the outcome of your case. Acting […]
Author: Robert E. Levy
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!