Alex Formenton sues agent for $20 million

[MMC]

https://x.com/i/web/status/1852384262156071155

Click to read more...

 

[HockeyVirus]

Formenton, who is now 25, alleges that he suffered income loss for the 2022-23 and 2023-24 NHL seasons, plus future income arising from lost playing time in the NHL, because of Arnott and Newport’s misconduct.

“As his agent, Wade and Newport Sports owed Alex a duty of care,” Formenton’s lawsuit reads. “At all material times, they were negligent in exercising their duties as agent to Alex and did not meet the required standard of care expected of a professional agent. Alex pleads that the services and counsel provided by Wade and Newport Sports were done negligently, carelessly and unskillfully…”

I guess he is saying, other players allegedly involved were able to play those years and he could have signed a long term deal worth 20M but his agent refused to do that work for him or couldn't get a deal and he is salty and knows his career is over.

 

[Gregor Samsa]

Lol

 

[Koivu11]

Maybe don’t be a rapist then you don’t have to sue your agent for $

 

[Peasy]

Think thatd be extremely hard to win...

Wouldnt wish him any luck with it either.

 

[POVERTY]

No better time to file this suit than right now with the way Elias Pettersson is playing for $11.6M. But also lol, wishing you the worst of luck Alex

 

[Fogelhund]

So he is trying to say he would have made 10M a year over those 2 years? lmfao

I think part of it, is the "future income", in addition to those two years. Ridiculous either way.

 

[Sasha Orlov]

Bro is worried about the wrong case

 

[HugeInTheShire]

Gotta get more money to pay those legal fees

 

[barriers]

Didn't he turn down his qualifying offer before going overseas?

 

[Gregor Samsa]

His agent and hopefully the judge tell him he’s made his own bed

 

[Cup or Bust]

It is terrible when people get taken advantage of by others and it's not their fault and they don't want it to happen, isn't it?

 

[Breakers]

tough case

Agent will say I got you the deal and you turned it down
—-
Formention is saying you should have convinced me to take it?

 

[Golden_Jet]

So he is trying to say he would have made 10M a year over those 2 years? lmfao

Article says, 2 years plus future earnings, not sure if you read article.

 

[Hisch13r]

Idk maybe just don't rape people

 

[HockeyVirus]

Article says, 2 years plus future earnings, not sure if you read article.

My post was edited but literally contained sections of the article so I clearly read it.

 

[Golden_Jet]

My post was edited but literally contained sections of the article so I clearly read it.

Then why did you say only 2 years, and not mention future income.

 

[SirKillalot]

https://x.com/i/web/status/1852384262156071155

Strange lawsuit.
It says the agreement between player and agency ended 12th July 2022. So basically they adviced him legally for almost the first two weeks of Free agency. Then after having never signed a new deal, they still offered their services and he took them without being willing to sign a new agreement?

And some of his claims about not telling him implications of signing in Europe vs. future NHL career is common knowledge. At worst it can be that he in some way was strung along given that the agency might have gotten let's say reasonable positive feedbacks from the Senators but them wanting to wait to sign. I just don't see how this is on the agent/agency.

I'd say most listed is common knowledge and a player as well has to do his due diligence.
Also he was unofficially being represented for about 18 months after their agreement ended, so its most definitely combined with his own lack of research, as much his own fault. He probably knows all of it and just want to get money for a career he believe he should have.

 

[HockeyVirus]

Then why did you say only 2 years, and not mention future income.

Just go read my comment again

 

[Namikaze Minato]

Klingberg should be the guy suing his agent, if there is any NHL player.

 

[Shocker]

Just go read my comment again

Yeah, you edited it, of course it makes sense now, duh.

We can still see your original comment in quotes, you know?

 

[HockeyVirus]

Yeah, you edited it, of course it makes sense now, duh.

We can still see your original comment in quotes, you know?

It was edited like 5 minutes before he quoted it. I posted it, immediately edited it.

 

[WarriorofTime]

Not exactly a sympathetic plaintiff.

As far as the merits go, I think it's easy to allege negligence, harder to make a compelling argument for. He was a Restricted Free Agent without arbitration rights, his role in the conduct was certainly... heavily suspected [No HFBoards spec, etc. etc.] The team that held his rights didn't want to sign him, he presumably could have signed the qualifying offer [a 5 second google search and I can't find an example of a player that actually signed a QO, but it's presumably an option], nobody else chose to make an offer sheet or to put together a compelling trade package.

With all the facts and circumstances, I'm not sure how the Agent could have been negligent. Like when I think of that, I'm thinking of things like "teams were contacting the Agent to try and make offers, but he just never communicated that to his Client and never got back to the organizations, and so they lapsed costing the Client opportunities a reasonably prudent Agent would have provided". Teams don't want you because they suspect you engaged in criminal conduct isn't your Agent's fault.

 

[Memento]

I hope it gets thrown out with prejudice.

You're lucky you're not in prison right now, Alex.

 

[krutovsdonut]

this might be his last desperate shot to monetize hockey but it could perhaps be something. the idea of them unofficially representing him sounds like they didn't want his name of on their official client lists. if there is evidence newport sandbagged, ghosted or neglected him because of the allegations he may have a case. i can definitely imagine a scenario where they were unenthusiastic about knocking on doors on his behalf.

but he'd need to prove not only that was the case but also that he would have been signed by somebody if they had tried harder.