News & Notes 7.5.11

Roger Clemens will stand trial for perjury this week. (Photo courtesy of Fox News)

Preparing For The Roger Clemens Trial: Sports Illustrated columnist and Vermont Sports Law Professor Michael McCann breaks down what to expect from Roger Clemens’ perjury trial, which begins Wednesday morning. If convicted on all six charges, Clemens faces a jail sentence of 15 to 21 months.

Retired NFL players File Class-Action Lawsuit Against Current Players and Owners: The Associated Press reports that a group of retired NFL players filed a complaint saying they have been excluded from the mediation sessions taking place in an attempt to end the lockout. Named plaintiffs including Hall of Famers Carl Eller, Franco Harris, Marcus Allen and Paul Krause are asking U.S. District Judge Susan Richard Nelson to put a halt to the mediation she ordered and declare that the current players cannot negotiate on behalf of those who are retired.

Tennessee Passes New Sports Agent Law: SportsAgentBlog.com breaks down The Athlete Agent Reform Act of 2011, a new sports agent law in Tennessee that took effect on July 1. The new Tennessee law requires all sports agents recruiting in the state to register with the Tennessee Secretary of State. Failure to even register can result in an agent spending 6 years in prison, in addition to paying a $25,000 fine. The law also changes the definition of “sports agent” to include runners, managers, marketing representatives, financial advisors and others working on behalf of an agent.

New York Times Co. Sells Part of Stake in Red Sox: The Wall Street Journal reports that New York Times Co. sold more than half of its 17 percent stake in the holding company of the Boston Red Sox to three separate buyers for $117 million in cash.

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