Legal Articles
The growth of sports from a recreational activity to becoming one of the most popular professions in the world has not come without challenges and this has been seen through the emergence of sports disputes, legally speaking. This has then led to respective emergence of dynamic dispute resolution mechanisms.
What is a dispute? A dispute is a disagreement between people or groups on matters earlier pre-agreed upon.
What are the Disputes in Sports?
Sports Image Rights give a sportsperson the right to make money off their appearance, voice, pictures, signatures, slogans, personal logos and more. Indeed, your image, your wealth! Sports Image rights allows the sportsperson to decide when, how and by whom their voice, image and name can be captured, reproduced or published, especially whereby the intention is to make money.
Kenya has seen a current trend whereby sportspeople are increasingly being sought after by companies for their marketing campaigns. It is therefore very crucial for sportspeople to now more than ever be aware of their Sports image rights so as to know how to efficiently make money from it.
Let’s talk about Tax in Sports;
Introduction
Tax is the amount of money that a government requires people, including sportspeople, to pay according to their earnings or income. The amount collected is used for national development in building roads, construction hospitals, schools and more projects.
Article 209 of the Constitution of Kenya, 2010 states that the National Government has the right to collect taxes. The National Government has delegated this right to the body known as the Kenya Revenue Authority (KRA) which collects all revenue in Kenya under the supervision of the Ministry of Finance.
How much tax should a sportsperson pay?
What is a Contract? A Contract is an agreement between parties that creates a legal obligation. Where a sportsperson enters into an employment contract with a sports team or an endorsement contract with a company, such a contract becomes binding on both parties, to mean that neither can back out before the contract ends, without them being sued for breach of contract. A sportsperson should then ask themselves what are the things they need to know about the contracts they are getting into to evade a situation. They are;
What are they saying
