Latest news with #RimasSports
Washington Post
07-03-2025
- Sport
- Washington Post
MLB players' union, Bad Bunny agency agree to dismiss lawsuit over discipline
NEW YORK — Bad Bunny's sports representation firm and the Major League Baseball Players Association filed an agreement Thursday to dismiss the union's lawsuit over penalties imposed for making improper inducements. The sides submitted a stipulation telling U.S. District Judge Jennifer H. Rearden in Manhattan they had settled the matter. The MLBPA disciplined Rimas Sports, the agency co-owned by Puerto Rican musical artist Bad Bunny, last April over violations of its agent regulations. It revoked the agent certification of Rimas' William Arroyo and denied certifications of executives Noah Assad and Jonathan Miranda, citing citing a $200,000 interest-free loan and a $19,500 gift. The union issued a $400,000 fine for misconduct.
The Independent
07-03-2025
- Sport
- The Independent
MLB players' union, Bad Bunny agency agree to dismiss lawsuit over discipline
Bad Bunny's sports representation firm and the Major League Baseball Players Association filed an agreement Thursday to dismiss the union's lawsuit over penalties imposed for making improper inducements. The sides submitted a stipulation telling U.S. District Judge Jennifer H. Rearden in Manhattan they had settled the matter. The MLBPA disciplined Rimas Sports, the agency co-owned by Puerto Rican musical artist Bad Bunny, last April over violations of its agent regulations. It revoked the agent certification of Rimas' William Arroyo and denied certifications of executives Noah Assad and Jonathan Miranda, citing citing a $200,000 interest-free loan and a $19,500 gift. The union issued a $400,000 fine for misconduct. Arbitrator Ruth M. Moscovitch last October upheld the union's five-year suspensions of Assad and Miranda and cut Arroyo's suspension to three years. The union filed a petition to confirm the 80-page decision in New York Supreme Court, and the case was shifted to federal court. Representatives of the union and Rimas did not immediately respond to requests for comment. ___
NBC Sports
04-03-2025
- Business
- NBC Sports
Bad Bunny agency announces deal with Padres star Fernando Tatis Jr.
MIAMI — Rimas Sports, the agency co-owned by Puerto Rican rapper Bad Bunny whose leaders have been suspended by the baseball players' union, announced a management deal with San Diego Padres star Fernando Tatis Jr. Rimas said it will oversee marketing, brand relations and other services, working to 'expand his portfolio as an athlete, businessman and philanthropist.' Tatis and the Padres agreed in 2021 to a 14-year, $340 million contract negotiated by MVP Sports, an agency headed by Dan Lozano. Rimas Sports says it is a partnership among Bad Bunny and executives Noah Assad and Jonathan Miranda. The company says it represents Atlanta's Ronald Acuna Jr., Colorado's Ezequiel Tovar and the New York Mets' Francisco Alvarez. The Major League Baseball Players Association revoked the agent certification of Rimas' William Arroyo last April and denied certification to Assad and Miranda, citing a $200,000 interest-free loan and a $19,500 gift. The union issued a $400,000 fine for misconduct. Arbitrator Ruth M. Moscovitch last October upheld the union's five-year suspensions of Assad and Miranda and cut Arroyo's suspension to three years. U.S. District Judge Jennifer H. Rearden in Manhattan set a Feb. 18 deadline for Assad, Miranda and Arroyo to file a response to the union's motion to confirm the decision, but no response has been filed.
The Independent
04-03-2025
- Business
- The Independent
Bad Bunny agency announces deal with Padres star Fernando Tatis Jr.
Rimas Sports, the agency co-owned by Puerto Rican rapper Bad Bunny whose leaders have been suspended by the baseball players' union, announced a management deal Tuesday with San Diego Padres star Fernando Tatis Jr. Rimas said it will oversee marketing, brand relations and other services, working to 'expand his portfolio as an athlete, businessman and philanthropist.' Tatis and the Padres agreed in 2021 to a $340 million, 14-year contract negotiated by MVP Sports, an agency headed by Dan Lozano. Rimas Sports says it is a partnership among Bad Bunny and executives Noah Assad and Jonathan Miranda. The company says it represents Atlanta's Ronald Acuña Jr., Colorado's Ezequiel Tovar and the New York Mets' Francisco Alvarez. The Major League Baseball Players Association revoked the agent certification of Rimas' William Arroyo last April and denied certification to Assad and Miranda, citing a $200,000 interest-free loan and a $19,500 gift. The union issued a $400,000 fine for misconduct. Arbitrator Ruth M. Moscovitch last October upheld the union's five-year suspensions of Assad and Miranda and cut Arroyo's suspension to three years. U.S. District Judge Jennifer H. Rearden in Manhattan set a Feb. 18 deadline for Assad, Miranda and Arroyo to file a response to the union's motion to confirm the decision, but no response has been filed. ___
Washington Post
04-03-2025
- Business
- Washington Post
Bad Bunny agency announces deal with Padres star Fernando Tatis Jr.
MIAMI — Rimas Sports, the agency co-owned by Puerto Rican rapper Bad Bunny whose leaders have been suspended by the baseball players' union, announced a management deal Tuesday with San Diego Padres star Fernando Tatis Jr. Rimas said it will oversee marketing, brand relations and other services, working to 'expand his portfolio as an athlete, businessman and philanthropist.'
