JUNE 1, 9:54am: A representative for Independent Sports & Entertainment has issued the following statement to Hoops Rumors regarding the Fegan case:
“ISE will vigorously enforce its rights against Dan Fegan in the upcoming arbitration proceeding and will seek all damages caused by Mr. Fegan’s outrageous behavior toward ISE and the agents that were under his supervision. The arbitrator already expressly rejected Mr. Fegan’s argument that the non-compete agreement is unenforceable — the third finder-of-fact to do so, and ruled that ISE can seek damages against Mr. Fegan for his wrongful conduct.”
MAY 31, 10:57pm: An arbitrator has ruled in favor of Dan Fegan in his legal battle with former employer Independent Sports & Entertainment, tweets Adrian Wojnarowski of The Vertical.
The arbitrator’s ruling denies ISE’s request for a preliminary injunction to prevent Fegan from competing against the agency. Fegan, who was fired in March as president of ISE basketball, has since launched his own company, Dynasty Sports Management.
Fegan has been among the leading agents for NBA players for some time, but in recent years he has been dismissed by high-profile clients such as John Wall, DeAndre Jordan and Dwight Howard. ISE claimed it had just cause for Fegan’s firing at the time of termination — the agency alleges that Fegan was operating a side business while working for ISE.
Luke Adams contributed to this post.
finally…..I can sleep well tonight
Looks like everyones a little bored while waiting for the finals to start.