Licensing Agreement for NFL Football Trading Cards
About this form
The Licensing Agreement for NFL Football Trading Cards is a legal document that formalizes the relationship between a trading card company and the National Football League Players Association (NFLPA). It grants the company the rights to use group licensing for player names and likenesses in their products. This agreement ensures that all promotional and manufacturing practices comply with NFLPA standards, distinguishing it from other licensing agreements that may not include group rights or specific guidelines for player endorsements.
Main sections of this form
- Agreement date and identifying information of the parties involved.
- Representations regarding the authorization of group licensing rights.
- Description of services required by the company to implement the licensing agreement.
- Approval requirements for marketing materials and endorsements from the NFLPA.
- Sections on reporting sales data and maintaining accurate records.
- Indemnification and insurance clauses to protect both parties.
Situations where this form applies
This form is necessary when a trading card company seeks to obtain rights to use NFL players' names and likenesses for creating trading cards. It is particularly relevant during the launch of new card series, player marketing campaigns, or any promotional events involving the licensed products. Additionally, it should be used when there is a need to clarify responsibilities and procedures related to the rights granted under the agreement.
Who should use this form
This form is intended for:
- Trading card companies looking to legally license NFL player imagery for commercial purposes.
- The National Football League Players Association (NFLPA) on behalf of its members.
- Legal representatives and marketers involved in sports merchandising and licensing.
Completing this form step by step
- Identify the parties involved by entering the company name and address as well as the NFLPA information.
- Prepare the agreement date, ensuring it reflects the actual date of signing.
- Specify the licensed rights being granted and any conditions for use.
- Detail marketing commitments and approval processes for promotional materials.
- Include clauses related to compensation and indemnification as applicable.
Is notarization required?
In most cases, this form does not require notarization. However, some jurisdictions or signing circumstances might. US Legal Forms offers online notarization powered by Notarize, accessible 24/7 for a quick, remote process.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes to avoid
- Failing to specify the effective date of the agreement properly.
- Neglecting to detail the services the trading card company is responsible for.
- Omitting player approval requirements for endorsements and promotional materials.
- Not including accurate recordkeeping provisions for sales and distribution data.
Why use this form online
- Easy access to the form allows for timely completion and submission.
- Editable templates enable customization to fit specific licensing needs.
- Trustworthy legal language drafted by licensed attorneys ensures legality and compliance.
- Instant download option saves time compared to traditional legal processes.
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FAQ
Submitting a Request. Visit the NFL's Contact Us page on their website. You can go to the direct link at https://digitalcare.nfl.com/hc/en-us, or you can scroll to the bottom of their main page and click on Contact Us under Information. Click on "Submit a Request" to ask about a certain topic or issue.
A card owner meets the player at a signing event or somewhere else and gets the player to sign it. These cards are awesome for the person who originally owned the card. Getting to meet the player and witness them handle and sign your card is a unique experience.
2. Secure a minimum of $100,000 to meet the royalty guarantee required by the NFL. The NFL requires licensed manufacturers to pay 100 percent of the royalty guarantee every year. Ensure that your annual sales can cover this $100,000 guarantee and ideally exceed it so that you can profit from your merchandise sales.
Most of these folks are asking whether or not they can put NFL logos on certain things and sell them.The answer to their question is a resounding NO, and this answer is not unique to the NFL. In short, you cannot use the logos of the NFL on anything.
In today's trading card market, condition is a core component of value. Trading cards that are in mint condition tend to be worth more than cards with flaws like centering issues, dinged corners, and creases.
You must have 3 years of business experience. You must be the manufacturer. You must prepay a royalty guarantee (approximately $100,000). You must carry commercial insurance policies in the amounts of $6 million and $12 million in liabilities.
Companies like Panini and Leaf pay draft picks per signature -- an industry source says McKinley's rate was in the $2 to $5 range -- and the players sign sticker sheets that are then added onto the cards.
Proof of business experience totaling three years. Proof that you are the manufacturer of the product. A prepaid royalty guarantee of $100,000. A commercial insurance policy of $6 million and liability coverage totaling $12 million.
Often times star athletes will receive appearance fees in the thousands of dollars to show up to sign paid by the event sponsor or the shopowner. These fees can reach as high as 10,000 dollars for an hour of there time.
