‘Sin Clauses’ Take Center Stage in the Information Age
No one benefited more in the 1980s and 1990s than corporations, professional sports teams and universities that signed endorsement deals with individual superstars, like Michael Jordan, Mike Ditka and others.
Today, those same corporate entities, however, are taking a far more cautious approach to such endorsement contracts, paying special attention to the morality clause, which allows that entity to legally separate from the athlete or coach.
“Not only are we seeing more of them