Business Law case 3

Business Law case 3 - Banyei Isoh William H. Proctor...

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Unformatted text preview: Banyei Isoh William H. Proctor 10/31/09 Detroit Lions, Inc. v. Argovitz United States District Court, Eastern District of Michigan, 1984 580 F.Supp. 542, affirmed, 767 F.2d 919 Facts: An agent by the name of Jerry Argovitz represented a football player by the name of Billy Sims. Billy Sims was trying to sign a contract in the NFL with the Detroit Lions. Argovitz who was his agent was also working on a deal with a USFL team called the Houston Gamblers. Argovitz actually owned a stake in the team and had a conflict of interest in getting Argovitz to sign a contract with the Gamblers. Argovitz was falsely informing Sims that the negotiations were not going well. When Houston offered Mr. Sims a contract worth 3.5 million dollars Argovitz told Sims that Detroit would probably match it. However he never formally went to Detroit to receive a final offer. Sims therefore signed the contract with the Houston Gamblers. Detroit to receive a final offer....
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Business Law case 3 - Banyei Isoh William H. Proctor...

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