ContractsProf Blog

Editor: D. A. Jeremy Telman
Valparaiso Univ. Law School

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Sunday, January 30, 2005

News in brief

John_campbell Online gaming company Youbet.com is renewing a contract with star harness racing driver John Campbell (left), to act as the company's spokesman.

The two main Hollywood actors' unions have approved a new three-year contract, but it won't include their biggest objective, a larger slice of DVD sales.

The Iranian government is rewriting a contract to take majority ownership of a telecom venture away from the current owner, a Turkish firm.

The NBA's Seattle Sonics are trying to get star Ray Allen to take a smaller contract ($69 million v. $90 million) so they can pay more to other players.

Billionaire Oprah Winfrey is saying that she will retire when her current television contract expires in 2011.

There's a growing trend at U.S. universities is to give multi-year contracts to assistant coaches, who traditionally have had little job security.

Tinker Air Force Base is preparing to award a half-billion-dollar contract to overhaul operations at an Oklahoma City facility.

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