Horse Racing Syndicate Contract With Nike In Clark

Category:
State:
Multi-State
County:
Clark
Control #:
US-00039DR
Format:
Word; 
Rich Text
Instant download

Description

The Horse Racing Syndicate Contract with Nike in Clark details the establishment of a syndicate among owners of fractional interests in a thoroughbred stallion. The agreement outlines the rights and obligations of co-owners, management duties of the syndicate manager, and terms for transferring fractional interests. Key features include provisions for breeding rights, financial obligations, and the management of the stallion's care and breeding operations. Filling instructions emphasize the need for accurate completion of owner details and interests, while editing should reflect any changes in ownership or management. This contract is particularly useful for attorneys and legal assistants, who require clarity in drafting and understanding ownership structures; partners and owners, who benefit from defined rights and profit sharing; and paralegals, who must ensure compliance with procedural stipulations. The overall aim is to provide a comprehensive framework for shared ownership while facilitating legal and financial transparency among stakeholders.
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  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement

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FAQ

Syndication refers to a co-ownership of a horse, also known as a “co-ownership agreement” when made between two or more people. Each owner owns a fractional interest in the animal and the original owner is the syndicator and the manager.

Horse Racing Syndicates: How to Share Costs and Own a Racehorse Keep the partnership simple and get everything in writing. Find a horse you like and a great veterinarian you trust. Decide how many shares will be offered in a horse. Choose your trainer wisely. Map out a plan and consult with your partners and trainer.

Clark signed an historic eight-year, $28 million endorsement deal with Nike in April that included a signature basketball shoe. But with her rookie WNBA season over, there's still no release date for her signature kicks.

Clark signed an historic eight-year, $28 million endorsement deal with Nike in April that included a signature basketball shoe.

But Clark, who had one of the best rookie seasons in WNBA history and was named Rookie of the Year, also has her own signature shoe in the works. She signed an eight-year, $28 million deal with Nike, but Bueckers won that particular race.

Las Vegas Aces forward Aj'a Wilson has inked a six-year contract extension with Nike in one of the richest deals for a women's basketball player, ing to ESPN. The agreement comes after she announced her signature shoe, A'One, with the brand earlier this year.

However there are benefits to the unisex approach. In recent years, New York Liberty stars Breanna Stewart and Sabrina Ionescu have gotten their own signature shoes with Puma and Nike respectively, ending a 12-year drought for WNBA players. In each case, the new models have courted both men and women.

By comparison, Clark signed a four-year, $338,056 contract after being drafted by the Fever. She made $76,535 during the 2024 season and could earn up to $97,582 in annual salary in the final year of her deal. There is also her endorsement contract with Nike, which is reportedly $28 million over eight years.

This makes Bueckers the first college basketball player ever to receive a signature shoe - not even Caitlin Clark can claim that milestone. But Clark, who had one of the best rookie seasons in WNBA history and was named Rookie of the Year, also has her own signature shoe in the works.

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Horse Racing Syndicate Contract With Nike In Clark