Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Adidas Suspends Contract with Sprinter Tyson Gay Over Failed Drug Test
Author: Scarinci Hollenbeck, LLC
Date: July 17, 2013
Key Contacts
Back
In the aftermath of the Lance Armstrong scandal, athletic sponsors are taking a hard line with athletes who fail to pass doping drug tests. Adidas recently announced that it has dropped former double world sprint champion Tyson Gay over a failed drug test.
Only one day after the American sprinter tested positive for banned performance-enhancing substances, the sportswear company immediately dropped Gay’s talent agreement, noting that it will not tolerate any sports law violations carried out on the part of athletes it endorses.
“We are shocked by these recent allegations, and even if we presume his innocence until proven otherwise, our contract with Tyson is currently suspended,” the company said. “Adidas has a clear policy on doping and drug use. Each of the agreements with our athletes include a clear clause which states that the agreement shall be terminated by Adidas if the athlete is found guilty of the possession or use of drugs or any other prohibited substance by the relevant governing sports body having jurisdiction over the athlete.”
Gay recently won the 100- and 200-meter track competitions at U.S. national championships last month and was listed as the fastest man in the world this year, according to English publication Daily Mail. Gay, who has held sponsorship agreements with Adidas since 2005, said he will have the sample tested as early as this week, The Associated Press reports.
In a statement to the AP, Gay did not admit to using banned substances, but said that he put his “trust in someone and I was let down.”
“I don’t have a sabotage story,” said Gay. “I don’t have anything to say to make this seem like it was a mistake or it was on USADA’s (United States Anti-Doping Agency) hands, someone playing games. I don’t have any of those stories.”
The athlete also noted that he will take whatever punishment is handed down “like a man,” and has already pulled out of the USA’s World Championships team as well as the Diamond League meeting in Monaco.
- Industries: Entertainment & Media
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Related Posts
See all
When to Settle and When to Fight: A Litigator's Framework
Every lawsuit comes with a cost, and knowing when to settle a lawsuit is one of the most consequential decisions a business owner will face. Experienced litigators understand how to minimize cost and obtain certainty for their clients. For many business owners, the decision is viewed almost entirely through a financial lens: What will it cost […]
Author: Sean M. Pena
A Whistleblower Just Filed a Complaint Against Your Company: Here's What to Do Now
Few situations create more uncertainty than learning that an employee has filed a whistleblower complaint. Questions arise immediately: Is the allegation legitimate? Should the employee be placed on leave? Do we need to notify our insurance carrier? Are we now prevented from disciplining the employee if there are unrelated ongoing work related issues? There is […]
Author: Sean M. Pena
Assignment for the Benefit of Creditors: An Alternative to Bankruptcy for Distressed Businesses
When a business reaches the point where it can no longer service its debts or otherwise resolve its liabilities, management is often faced with a difficult question: is a bankruptcy filing necessary or is there another way to perform an orderly liquidation or sale of the business assets? While Chapters 7 and 11 of the […]
Author: John D. Giampolo
Breaking Down New Jersey’s “Mansion” Tax: What Buyers and Sellers Need to Know
For many years, the New Jersey Mansion Tax has been a significant consideration in high-value real estate transactions. Recent legislative changes, however, have substantially altered how the tax operates, including who is responsible for paying it and the amount owed in certain transactions. Whether you are purchasing, selling, or investing in New Jersey real estate, […]
Author: George McGowan
Estate Planning for Digital Assets Under New Jersey Law
As our personal and financial lives increasingly move online, estate planning must evolve to address a new category of property: digital assets. From email accounts and social media profiles to cryptocurrency and cloud-stored business records, these assets often carry both financial and sentimental value. Yet, without proper planning, they can become inaccessible—or even lost—upon incapacity […]
Author: Marc J. Comer
The Role of Representation and Warranty Insurance in M&A Transactions
In today’s mergers and acquisitions market, representation and warranty (R&W) insurance has become a common feature of deal negotiations. Once used primarily in larger transactions, R&W insurance is now frequently incorporated into middle-market deals as buyers and sellers look for efficient ways to allocate risk and close deals. When structured properly, R&W insurance can help […]
Author: George McGowan
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.