The MAN who turns Hit$ into Million$
ABDUL-JALIL , without ever attending Law School, has made “Law Review” setting New Law in four different areas, and published in over Seven Universities Law Reviews, Scholarly Commons, and multiple Course Outlines, Student Journals in the specialty area of Contracts, Finance, Interest, Loans, Reserve/Free Agency System and Restraint of Trade, Sherman Anti-trust Act (15 USC § 1,2), NLRA, Labor Exemption from Antitrust Law, Collective Bargaining, Labor law, Antitrust, Federal Arbitration, Civil Rights, Insurance- Appraisal, Bad Faith, Fraud, cases taught in All Major Juris Doctorate Law and Masters in Business Administration Programs in the U.S. Colleges and Universities!
Historic “al-Hakim” use of Interest-Free Loans upon the Tax Codes published in Universities Law Reviews, Scholarly Commons, and multiple Course Outlines, Student Journals
Abdul Jalil negotiated a series of contracts that included many unprecedented benefits to the individual clients, one of which was interest-free loans that could be forgiven. Upon review by the Internal Revenue Service, the contracts and returns where thrown out and challenged by the IRS as the IRS filed suit. After an 8 year legal battle, he prevailed in Federal Tax Court and established that Interest free Loans where in fact legal. This unprecedented legal ruling was established as a standard in the Tax Laws and was written in several National Law Journals. Cite: “IRS vs Al-Hakim” published by Commerce Clearing House(CCH) Tax Court Memorandum Cases editions KF 6234A 505 and Maxwell McMillian (Prentice Hall) Federal Tax Cases edition KF 6234A 512 Tax Court Memorandum Decisions. Articles and citations available upon request.
Lyman Bostock signs RICHEST contract in Professional Sports and Baseball History
Outfielder Lyman Bostock, on his 27th birthday, signed a five-year contract with the California Angels Monday for a $3.5 million plus-the most lucrative deal ever for a team sport athlete.
The unprecedented deal included a FULLY GUARANTEED, five year, $600,000 annual salary, $500,000 signing bonus, a $500,000 Interest free loan, and a $200,000 Interest free business contract loan! The FULLY GUARANTEED contract was PAID in full, after he was murdered on the last day of his first year of the contract with four years left to perform!
In a Historical, Unprecedented case in Sports and Professional Basketball, Abdul-Jalil and Superstar Management, along with NBA player Brian Taylor, negotiated an addendum to the standard NBA contract with the Denver Nuggets for a $250.000 interest free loan and making the contract “tax free”.
Taylor had a clause that stipulated be could become a free agent if the Nuggets breeched his contract in any manner.
The Nuggets made the first payment of $50,000 due him on time. He said they were 19 days late on the second payment before making a partial payment. The third payment, which was due Jan. 1, was over 13 days late, according to Taylor. They did.
So, in mid-season the team had sufficiently breached the contract, according to Jalil, defaulting by 13 days on the final part of a $250,000 interest free loan with the late payments that triggered the clause in the addendum that allowed Taylor to opt out of the contract. Taylor withheld his services from that point in the middle of the season.
Taylor’s agent, Abdul Jalil, said in NewYork that Taylor becomes a free agent immediately should the Nuggets deviate from any portion of the agreement. Jalil said the agreement is unique in that it contains a clause providing that should Taylor sign with another NBA team, Denver, may not receive compensation in the form of players, or draft choices. The compensation must be in the form of cash, half of which goes to Taylor and half to the Nuggets.
This clause reportedly was unprecedented in major league sports player contracts and expects NBA Commissioner Larry O’Brien to call a Collective Bargaining Federal Arbitration hearing on the case because the contract clause is so unique.
Jalil is the agent who represented baseball infielder Junior Moore, who won free agency from the Atlanta Braves in a landmark contract agreement following the 1977 season in a Federal Arbitration case of Moore (MLBPA) vs. Atlanta Braves (MLB). Moore’s contract permitted him to declare himself a free agent based on his own value judgment of the amount of playing time he had with the Braves. Used as only a part-time performer, Moore chose to leave Atlanta and signed with the Chicago White Sox.
The unprecedented case in Professional Sports and Basketball was necessary as the the addendum to the contract was the result of Taylor’s dispute of the contract that was originally negotiated by the players union director Larry Fleisher. The inherent problems that this situation provided for the National Basketball Association, the Denver Nuggets, and most importantly the Director of the NBA Players Union and the Union itself, were incredible, FILLED WITH CONFLICTS OF INTEREST, MULTIPLE INSTANCES OF FRAUD, COLLUSION, and MISREPRESENTATION! The case was so bad that Larry Fleisher, the Director of the NBA Players Union and the Union itself, could NOT represent Taylor in the Federal Arbitration hearing.
The Nuggets declined to have tapes of the Taylor negotiating sessions heard by renowned federal arbitrator Peter Seitz, who agreed Taylor was free, but that the Nuggets were due compensation.
Major Leagues of Professional Baseball Clubs (Atlanta Braves) vs. The Major League Baseball Players Association (Alvin Jr. Moore)”
One of the earliest Professional Sports contract controversies involved Major League Baseball Player Free Agency that arose as the result of an unprecedented, landmark contract between Alvin “Junior” Moore and the Atlanta Braves in which a Special Covenant gave Moore the right to demand a trade which could not be consummated without his prior consent if he was dissatisfied with his playing time. In the event that a trade could not be consummated by the end of the 1977 championship season, Moore would become a free agent if he so desired. See “The Major Leagues of Professional Baseball Clubs (Atlanta Braves) vs. The Major League Baseball Players Association (Alvin Jr. Moore). http://www.box.net/shared/4apqfv9fpg
Alvin “Junior” Moore was only a rookie, yet here are the terms of the contract his agent Abdul-Jalil put together for him:
-The Braves were to pay Moore $75,000 that season. That was only his salary.
-They also were to pay him a $50,000 bonus and provide him with an additional $50,000 interest-free loan.
That’s was historic for a rookie, but wait, there’s more coming.
The imaginative, foresighted agent Abdul-Jalil saw to it that four other unique clauses were written into the Atlanta Braves contract of Moore.
“If Moore is dissatisfied with his playing time, he can submit a letter to the Braves notifying them of same, who then must initiate a trade to the team of Moore’s choice, which can only be consummated with his consent. If there is no trade by the end of the season, the contract is voided and he becomes a free agent.”
1) The first unique clause gave Moore the option of demanding a trade to another team of his choice upon his notice to the team of his dissatisfaction with his playing time; becoming a free agent simply by notifying the Braves of his intention, which works out to be the same as anytime he choses. Under the present Basic Agreement between the players and the owners, a player becomes a free agent ONLY after six-year service requirement with a team has been fulfilled AND only after the second year he plays for a team without signing a contract the previous year.
2) The second unique clause allowed Moore to veto any trade the Braves might involve him in if he did not approve of the team in the proposed trade;
3) The third unique clause gave him the option of choosing the team he wished to be traded to;
4) The forth unique clause gave Moore the option of becoming a free agent if a trade to a team of his choice in not consummated. Under the then present Basic Agreement between the players and the owners, a player becomes a free agent the second year only after he plays for a team without signing a contract the previous year.
What club owner in the world would ever sign a rookie to a contract like that?
The contract was signed by Ted Turner, the Braves’ owner, March 14, 1977.
When National League President Chub Feeney first saw Moore’s contract and its special freedom clause, he rejected it disapproving this Special Covenant and on April 28, Feeney, wrote a letter to Bill Lucas, the Braves’ Director of Player Personnel.
The letter said:
“Specific covenants contained in Alvin Moore’s contract are disapproved because it (the contract) contains provisions inconsistent with the reserve system article of the new Basic Agreement.
Please be sure the player receives a copy of this letter.”
The Major League Baseball Players Association (MLBPA) filed a Federal grievance on the ground that actual or potential additional benefits were provided for the player within the meaning of the collective agreement. The clubs maintained that the free agency provisions in the 1976 agreement were exclusive, providing the only basis upon which free agency rights could be exercised.
But the union argued that there were still other avenues to free agency, such as an unconditional release by a club because the player was not sufficiently qualified. The arbitrator held, in this case, that “the six-year service requirement through which a player could exercise free agency was for the individual club’s benefit in the sense that it would want to retain the player for a particular period of time.” Thus, the benefit of “long-term title and reservation rights” could be waived by the club. On the other hand, the reentry mechanism through which other clubs would have an opportunity to negotiate with a player who becomes a free agent was a matter covered by all the collective bargaining agreement, so an attempt by club and player to evade such procedures would be “inconsistent” and thus prohibited. Said the Arbitrator:
There is clear merit in the Association’s argument that the words “additional benefits to the Player” should be liberally construed to support a wide variety of benefits to a Player over and above the benefits accorded to him by the Basic Agreement. Though covenants containing such benefits may be “inconsistent” with a particular provision of the Agreement dealing with the same subject matter, there is logic in the Association’s argument that they are not, in fact, “inconsistent” because Article II authorizes such inconsistencies where they provide additional benefits to the Player.”?
Marvin Miller, the MLBPA Executive Director said “Junior Moore’s contract has done more for baseball as anything in the basic agreement just signed by the Players Association and the owners”.
Moore went on to sign a very lucrative, multi year contract with the Chicago White Sox.
Historic “al-Hakim” use of Interest-Free Loans upon the Tax Codes published in Universities Law Reviews, Scholarly Commons, and multiple Course Outlines, Student Journals
Abdul Jalil negotiated a series of contracts that included many unprecedented benefits to the individual clients, one of which was interest-free loans that could be forgiven. Upon review by the Internal Revenue Service, the contracts and returns where thrown out and challenged by the IRS as the IRS filed suit. After an 8 year legal battle, he prevailed in Federal Tax Court and established that Interest free Loans where in fact legal. This unprecedented legal ruling was established as a standard in the Tax Laws and was written in several National Law Journals. Cite: “IRS vs Al-Hakim” published by Commerce Clearing House (CCH) Tax Court Memorandum Cases editions KF 6234A 505 and Maxwell McMillian (Prentice Hall) Federal Tax Cases edition KF 6234A 512 Tax Court Memorandum Decisions. Articles and citations available upon request….
The Historic “al-Hakim” Tax Code §7872 [692] Ruling
After al-Hakim’s victory in the Federal Tax Courts against the Tax Commissioner, in
December 2000 the IRS moved to change the Tax Codes with the historic “al-Hakim” Tax Code §7872 [692] Ruling. The IRS changed the Federal Tax Codes such that it now “prevents no-interest loans” and was instituted to eliminate and close the Federal Income Tax loop-hole created with al-Hakim’s use of interest free loans in sports and entertainment financial transactions.
CITE: Tax Notes, Dec. 4, 2000, p. 1311; 89 Tax Notes 1311 (Dec. 4, 2000) “al-Hakim Tax Code” Ruling
al-Hakim’s victory in the Federal Tax Court over the U. S. Tax Commissioner has the nations foremost academic institutions and academians in the study of Law and Business teaching al-Hakim’s use of interest free loans in Tax Free financial transactions as part of the Law and Business curriculum in such hallowed halls as Harvard University, Yale University,Washington University, Stanford University, University of Virginia, and Wake Forest University Schools of Law Federal Tax Courses, among others.
Washington University School of Law Federal Tax Course,
Professor: Bixby;
Yale University School of Law Federal Tax Course,
Professor: Eric M. Zolt
Text Authors: William A. Klein, Joseph Bankman, Daniel N. Shaviro;
University of Virginia School of Law Federal Tax Course,
Professor: M. Robinson * Federal Income Taxation * L. Dominick
Text Authors: William A. Klein, Joseph Bankman, Daniel N. Shaviro;
Washington & Lee University School of Law Federal Tax Course,
Harvard University School of Law Federal Income Taxation Course Outline,
Professor: Flusche
al-Hakim’s victory in the Federal Tax Court over the U. S. Tax Commissioner has academians teaching al-Hakim’s use of interest free loans in Tax Free financial transactions as part of a Wake Forest University School of Law Federal Tax Course on “ISLAMIC AND JEWISH PERSPECTIVES ON INTEREST” and al-Hakim’s historic impact on Shariah-Riba Complaint financial transactions in the business world.
Wake Forest University School of Law Tax Course on “ISLAMIC & JEWISH PERSPECTIVES ON INTEREST”,
Author/Professor: Newman, Joel S.
al-Hakim’s victory in the Federal Tax Court over the U. S. Tax Commissioner has academians teaching al-Hakim’s use of interest free loans in Tax Free financial transactions as part of the Wake Forest University School of Law Federal Tax Course on “ISLAMIC AND JEWISH PERSPECTIVES ON INTEREST” and al-Hakim’s historic impact on Shariah-Riba Complaint financial transactions in the business world.
Joel S. Newman is a professor at Wake Forest Law School, Winston Salem, North Carolina.
In this report, Newman discusses financial transactions that allow devout Muslims and Jews to obey religious prohibitions against interest, while giving investors a return on their investments. The tax treatment of these transactions is considered. An integral part is al-Hakim’s case.
1977-
The Historic BALSA 1979 National Law Convention The historic Black American Law Students Association, 11th Annual National Convention, March 28-April 1, 1979, Hyatt, Oakland, was themed: “The Reconstruction of Black Civilizations.” Dedicated to- Rev. Ben Chavis of the Wilmington Ten, Introduction- Mayor Lionel Wilson, Keynote Speaker- Min. Louis Farrakhan, with veritable “Who’s Who” of nations leading Black presenters: Junius Williams-Pres. NBA, Hon. Ben Travis, Abdul-Jalil al-Hakim, Don Warden (Khalid al-Mansour), Dave Wilmont-Georgetown Law Center; Howard Moore, Alfred Slocum- Rutgers School of Law, Angela Davis, Victor Goode- Ex. Dir. NCBL, Hon. Judith Ford, Herb Reed- Howard School of Law, Asa Hilliard, Nathan Hare, Ron Baily- Northwestern University, Michael Ashburne, David Hall- FTC, Denice Carty Bernia- North Eastern University; Moot Court Judges: Hon. Wiley Manuel, Hon. Clinton White, Hon. David Cunningham, Hon. Allen Broussard, with “Thanks” to -John Burris, Peter Cohen, Claude Ames, Robert Harris, Eva Patterson, George Holland.
CASES PUBLISHED IN UNIVERSITIES LAW REVIEWS, ENTERTAINMENT AND SPORTS COURSE OUTLINES AND PUBLICATIONS on ALVIN MOORE LANDMARK LEGAL CASE
Case Western Reserve Law Review Volume 31 Summer 1981 Number 4
A Long Deep Drive to Collective Bargaining: Of Players, Owners, Brawls, and Strikes.
Professor Robert C. Berry, Professor William B. Gould
Student Journals at Case Western Reserve University School of Law Scholarly Commons
University of Massachusetts- Amherst
Major League Baseball’s Grievance Arbitration System
by Glenn M. Wong, Professor of Sports Law
Entertainment and Sports Law
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Marquette University School of Law
Entertainment and Sports Law Commons Journals at Marquette Law Scholarly Commons
Interpreting the NFL Player Contract
Professor Gary R. Roberts
Marquette Sports Law Review- Volume 3, Issue 1, Article 5, Fall
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Vanderbilt University School of Law
Sports Law – Knight Commission: purpose was to examine NCAA athletics and make recommendations
Professor Joseph Fishman
Studocu
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University of Nevada-Las Vegas William S. Boyd School of Law
Course: Sports Law: Competition Law | National Collegiate Athletic Association
Professor Marc Kligman, Adjunct. Sports Law
University of Nevada William S. Boyd School of Law
UNLV 87169927
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Santa Clara University School of Law
Legal Professions: Sports Law
The Role of the Commissioner and Other Governing Authorities
Professor Alan W. Scheflin – Santa Clara Law
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Quimbee Law School Case Briefs, Overview, Casebooks, study aids, BAR Review, and online Continuing Legal Education (CLE) courses
Alvin Moore vs Atlanta Braves
Major League Baseball Arbitration Proceeding
MLB-MLBPA Arb. 77-18 (1977)
Professor A. Porter
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Course Hero Sports Law Outline
1968 Basic Agreement made the Commissioner the arbitrator clearly allowing for arbitration of reserve system grievances.
University of Texas School of Law
Course Title: LAW 111
6) Agent Representation – The collective agreement plays the ultimate governing role
Quizlet, Sports Law 1-3
Alvin Moore & Atlanta Braves (1977)
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Judd’s Sports Law Outline
SPORTS LAW OUTLINE
Chapter 1 – Best Interests of the Sport: The Role of the Commissioner and Other Governing Authorities
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NetSuite Inc:
Alvin Moore & Atlanta Braves …
D. Arbitration as an Exclusive Remedy; § 301 Preemption
LECTURER AND PRESENTER IN THE FIELDS OF:
*ENTERTAINMENT LAW*
*THE ART OF REPRESENTING PROFESSIONAL ATHLETES AND ENTERTAINERS*
*REPRESENTING THE PRODUCER*
*REPRESENTING THE DIRECTOR*
*REPRESENTING THE SUPERSTAR*
*GETTING MONEY FOR YOUR MOVIE*
*LICENSING MOTION PICTURES*
*DIGITAL MOVIEMAKING*
*THE BUSINESS OF SPORTS*
*THE BUSINESS OF ENTERTAINMENT*
*SPORTS AND ENTERTAINMENT MARKETING*
*ADVERTISING, MARKETING, PROMOTION, SPONSORSHIPS, BRANDING AND HIP HOP CULTURE*
*HIP HOP AND THE SPREAD OF ISLAM*
*ISLAM AND MUSIC*
~Leon Powe’s “Powe Folks” Basketball Camp, Oakland, CA. 2006-8, ~ Lynn Harris’ “Fourth Quarter Athletics Basketball Showcase” (with Ashley and Courtney Paris(OU), Devanei Hampton (Cal), Alexis Gray-Lawson (Cal), Candice Wiggins (Stanford), Brooke Smith (Stanford), and Ashley Walker(Cal), Oakland, CA. 2006, Golden State Warriors Adonal Foyle’s “Athletics and Academics” Basketball Camp, Oakland, CA. 2006, ~Music in Islam, University of California, Berkeley, CA 2003~ National Islamic Convention, Seacaucus., NJ 1997,~ Host Evening of Elegance, National Arabic Conference, Oakland, CA. 1997,~ National Islamic Convention, N.Y.C, N.Y. 1996,~ International Islamic Conference, Los Angeles, CA. 1996,~ Oaktown Music Conference, Oakland, CA 1996,~ National Society of Black Engineers Conference-Region 6, San Luis Obispo, CA. 1992,~ CAREER FEST, Oakland, CA. 1986, ~ California State University, Hayward, CA. 1985,~ United States Coast Guard, Oakland, CA. 1982,~ National BALSA Law Conference, Houston, TX 1981,~ National BALSA Law Conference, Philadelphia, PA. 1982,~ National BALSA Law Conference, Oakland, CA. 1979,~ National BALSA Law Conference, N.Y.C., N.Y. 1980,~ Mountain Regional Law Convention, Oklahoma City, OK. 1980,~ College of Alameda, Alameda, CA. 1981,~ Eastern Regional Law Conference, Washington D.C. 1980,~ National Black Media Convention, Oakland, CA. 1972,~ National BALSA Law Conference, Washington D.C. 1976,~ Pacific Coast Law Conference, San Francisco, CA. 1976,~ Stanford Law Society, Palo Alto, CA. 1976,~ National Black History Week Awards, San Francisco, CA, 1974