Pryor Cashman Represents South Korea's Seung Hwan Oh in Contract with Major League Baseball's St. Louis Cardinals
NEW YORK, Jan. 11, 2016 /PRNewswire-USNewswire/ -- In a deal finalized today, Pryor Cashman, LLP represented South Korean right-handed pitcher Seung Hwan Oh in a contract with Major League Baseball's St. Louis Cardinals. The contract will bring South Korea's "Greatest Closer" to Major League Baseball and will include significant incentives. Oh's move to the Cardinals marks his first time playing for a U.S. MLB team.
Oh, 33, has been a professional pitcher for 11 years and spent the last two seasons pitching for the Hanshin Tigers in Japan. Before that, he pitched nine seasons with the Samsung Lions of the Korea Baseball Organization. He is credited with 357 saves in his career, earning the nicknames "Stone Buddha" and "Final Boss."
As legal counsel, Pryor Cashman served as a one-stop shop in negotiating Oh's contract and advising on various legal issues – which included immigration, cross-border and tax law concerns, and trademark protection over his nicknames, as well as other branding initiatives.
Pryor Cashman counsel Alfred "Chip" Sloan, who is also a certified sports agent for the Major League Baseball Players Association (MLBPA), represented Oh. Sloan focuses his practice on representing professional athletes, entertainers, and entertainment and technology companies. In his career, he has represented athletes playing for numerous teams in the MLB, NFL, NBA, and English Premier League. His practice also encompasses post-career and asset protection planning for professional athletes when they retire.
Sloan said, "I'm extremely happy we were able to complete the deal for Oh. The negotiations were one of the more unique ones -- we had to resolve a number of unrelated issues prior to finalizing the agreement, and while there were several teams competing for Oh, it became clear early on that the St. Louis Cardinals' club was the best fit. Oh is excited to be joining the team."
South Korean sports agency Sports Intelligence also provided counsel.
Pryor Cashman LLP (www.pryorcashman.com) is an independent full service law firm with over 140 attorneys in its main office at 7 Times Square in New York City and an office in Los Angeles.
Contact: Kathy O'Brien
203-268-1315
[email protected]
SOURCE Pryor Cashman LLP
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