Alex Formenton sues agent for $20 million

WarriorofTime

Registered User
Jul 3, 2010
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The suit alleges that he advised Formenton to reject the QO and wait for Ottawa to follow up with a better offer.
So even in the Allegations, it's clear Formenton is aware he had a Qualifying Offer and opportunity to accept/reject, he was given advice [common to the point in the industry where the opposite is almost unheard of] and chose to follow it.
Did he tell Formenton what his options would be if Ottawa didn’t offer anything further?
An agent certainly does not need to specifically prove, they uttered or typed out "if you don't accept a contract, and then are not offered a different contract, you do not need to have a contract" to meet a high bar of proving they are not negligent.

TSN Article: Formenton alleges in his lawsuit that after he contacted Arnott in July 2022 and asked for advice on how to proceed, Arnott failed to advise Formenton that by accepting the qualifying offer Formenton could enter negotiations in January 2023 for a new, third contract, commencing with the 2023-24 season.
This is pretty weak. "I wasn't told if I was under contract, I could sign an extension after that", like, OK? Were you also not explicitly told that if you signed the Qualifying Offer, you could attend Training Camp, use the team facilities, etc.? Did your Agent also not tell you that if you are involved in criminal conduct, it could hurt your negotiating power in future contracts? This certainly is not negligence.

TSN Article: Arnott and Newport did not advise Formenton that the offer could be extended past July 15, 2022, if there was an agreement with the Senators, the lawsuit alleges, adding that Arnott and Newport did not request that the Senators’ offer be extended.

“For the remainder of July to December 2022, Wade continued to represent and hold out to Alex that he would yet be offered a new contract by the Ottawa Senators,” the lawsuit reads. “Wade advised that even without an accepted offer or extended qualifying offer his dealings with the Ottawa Senators on behalf of Alex was ‘business as usual’ and that Alex should rely on Wade and Newport Sports to secure a favourable offer.
Another thing that is super normal in Contract Negotiations with players coming off an ELC. Anybody familiar with these things knows how this goes from time to time. Lafreniere did not sign a 2 year-bridge extension until August 23rd. Again here it even says in the allegations that the agency was in constant contact with Formenton and guiding him through the process. These things eventually have a way of playing out where something eventually gives. Everybody knows exactly why it did not in this instance.


TSN Article: “Wade’s advice was wrong. The Ottawa Senators did not propose or agree to a new contract with Alex prior to December 1, 2022, and accordingly, Alex was ineligible to play in the NHL for the remainder of the 2022-23 season.”

Being "wrong" is not negligent. Even putting aside the criminal conduct, if the agency said "they made you a Q.O., this is really more of a formality, typically players don't sign this, we expect a better offer will come based on your age, experience and level of production", Formenton follows that advice, but then Ottawa decides they don't want him anymore. That could be unfortunate, even bad advice, maybe really bad advice to the point where you should fire your agent, it doesn't mean you didn't fulfill your fiduciary duty.

TSN Article: “At no time during the contract negotiations with Ambri-Piotta did Wade advise Alex of the consequences or possible repercussions of transferring to a European team and the impact this may have on a continued career in the NHL.”
Again, what does this mean? The Agent never explicitly said "hey by the way, if you're playing in Switzerland, that means you aren't playing in the NHL?" Should he also be saying "hey, if you play poorly next season, teams will be less likely to sign you to a big money contract"? "make sure you set an alarm clock, because if you show up late to practices/meetings, that could hurt your standing in the eyes of coaches, teammate, and management", "don't be drunk during games, that may affect your play and future contract negotiations". This isn't negligence.

Were Formenton’s choices influenced by what was/wasn’t disclosed to him at that time? Were Formenton’s later actions a direct result of the advice he received in July, or no? That’s for the court to decide. But based on what we know now, it’s not easy to say how strong Formenton’s case is.
Based on the allegations stated in the article alone, it's hard to see how Formenton has any sort of strong case. Even if he did, it's likely just for the value of the Q.O. rejected minus whatever amount he made in Switzerland for that season (looks like $125K).

Also look at the Agency in question, they represent Bedard, Karlsson, Marchand, both Tkachuk brothers. This isn't some rinky dink guy in his basement who doesn't know what he's doing being a Player Agent. It would be pretty shocking if they weren't performing the same perfunctory functions of being a Player Agent for Formenton that they do for every other Client they represent.

The reason Formenton doesn't have an NHL Contract is due to what happened in London that one night. Not because of who his Agent was, I can say that with approaching complete and total certainty.
 

Masked

(Super/star)
Apr 16, 2017
6,873
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They got the donuts? Excellent....
Did you read the article? Article also states before we come to this segment you mention:

"Formenton then relied on Newport and Arnott to help him sign an entry-level contract with the Senators, his lawsuit reads, adding that the player-agent agreement between Formenton and Newport expired July 12, 2022, and was not renewed."

Meaning, there is some discrepancy in his statements. So if they didn't extend the agreement. Did they really represent him? Did he then tell them hey I don't want to sign, but fix me a good deal and I will re-sign with you guys.
Or did they agree that since he wasn't with others, they will advice and keep the dialog with Senators going? Surely the agency would say when it expires and come with a new agreement that most likely wasn't signed by Formenton.

I know from other sports as well that agents / agencies often get put in those positions where players don't want to sign things before offers are on the table. So, I'm gonna highly assume that is what Formenton was doing and he made his bed here, which isn't the agent's fault.

Considering I already criticized the including the expiration of the player-agreement in the article earlier in this thread, you shouldn't have to ask that question unless you can't keep up with this thread.

Formenton claims that Arnott continued to represent him. That's pretty clear if you're paying attention.
 

WarriorofTime

Registered User
Jul 3, 2010
32,040
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Thanks. I knew they had been charged but reading some comments I thought that maybe they had been convicted.
Surprised the Mods are allowing so many to call him a Rapist, they usually frown on slanderous comments.
He's criminally charged, trial pending. It's not "slander" at this point.

Also in January, Formenton, Dillon Dubé, Carter Hart, Michael McLeod, and Cal Foote were charged with sexual assault. All five players were members of Canada's 2018 World Juniors team and are accused of sexually assaulting a woman referred to in court documents as E.M., following a golf and gala event in London in June 2018.

All five players are expected to plead not guilty at trial and have requested to have their cases heard by a judge and jury. An eight-week trial has been set to begin on Sept. 8, 2025, but it’s possible the trial could begin as early as April 22, 2025, if all pre-trial matters have been addressed.
 

Barsky

Registered User
Jun 22, 2010
349
205
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.
Ya, to be fair, he did get screwed relative to the other 4, so he does have a case
 

Just Linda

Registered User
Feb 24, 2018
6,869
6,859
Klingberg should be the guy suing his agent, if there is any NHL player.
That agent, Peter Wallen, might be among the worst NHL agents.

Klingberg left that offer on the table
Lindholm took a lot less than what Calgary offered because they waited too long.
Hedman left a lot of money on the table.
He was fired by William Nylander, Filip Forsberg, Wennberg, Silferberg, OEL, Arvidsson, Marcus Johansson and H Lundqvist, all because he either blew contract negotiations or because the player was about to be traded.
 
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Barsky

Registered User
Jun 22, 2010
349
205
Maybe don’t be a rapist then you don’t have to sue your agent for $
No one got raped, so guilty as charged or not, he's not a rapist and he does have a case as he lost out on alot of money compared to the other 4
 

WarriorofTime

Registered User
Jul 3, 2010
32,040
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That agent, Peter Wallen, might be among the worst NHL agents.

Klingberg left that offer on the table
Lindholm took a lot less than what Calgary offered because they waited too long.
Hedman left a lot of money on the table.
He was fired by William Nylander, Filip Forsberg, Wennberg, Silferberg, OEL, Arvidsson, Marcus Johansson and H Lundqvist, all because he either blew contract negotiations or because the player was about to be traded.
Sounds like Swedish guys need a better agent
 

SirKillalot

Registered User
Feb 27, 2008
6,172
514
Norway
Formenton claims that Arnott continued to represent him. That's pretty clear if you're paying attention.
So the lawsuit claim the agreement expired, a lawsuit that Formenton launched. And Formenton claim Arnott continued to represent him. So which one is it?
 

Nogatco Rd

Pierre-Luc Dubas
Apr 3, 2021
3,481
6,497
No one got raped, so guilty as charged or not, he's not a rapist
What’s your basis for saying that? Have you read the charges?

 
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Barsky

Registered User
Jun 22, 2010
349
205
don't be a rapist and then this doesn't happen? don't feel sorry for him one bit and i hope the judge laughs at it then throws it out.
Well since he's not a rapist and no one is even being charged with that
What’s your basis for saying that? Have you read the charges?

Yup, read through the whole thing, the defendant admitted everything was consensual, got paid out and consequently wants nothing to do with any of the proceedings, but the court of public opinion doesn't care about facts
 

Circulartheory

Registered User
Apr 22, 2006
7,033
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Hong Kong
Yeah...i work as an agent in tv/film so perhaps not exactly the same but don't see this working out.

Unless his agent lied/withheld information/misrepresented deal terms, it is still Formenton ultimate decision to sign or not sign. They played chicken in negotiations and lost. It happens.

Bad agent? Perhaps, and fireable offense. Lawsuit worthy? No.

And this is all separate from the SA allegations.
 

Golden_Jet

Registered User
Sep 21, 2005
27,239
14,326
What’s your basis for saying that? Have you read the charges?

Maybe poster means there is no”rape” in the Canadian criminal code.
It’s 3 levels of sexual assault.
 

Honour Over Glory

#firesully
Jan 30, 2012
82,089
46,399
The irony of a rapist feeling like he got taken advantage of and had his future destroyed.

I hope Wade counter sues for his construction boots and the $50 bucks he has left in his account.

Maybe poster means there is no”rape” in the Canadian criminal code.
It’s 3 levels of sexual assault.
Canadian justice system is an epic joke.
 

BB79

🇺🇲
Apr 30, 2011
6,649
8,106
Well since he's not a rapist and no one is even being charged with that

Yup, read through the whole thing, the defendant admitted everything was consensual, got paid out and consequently wants nothing to do with any of the proceedings, but the court of public opinion doesn't care about facts
If that's true that is messed up. She shouldn't be paid out at all, she she be in jail and face the same charges. In fact the guys she victimized should be the ones paid out.
 

Honour Over Glory

#firesully
Jan 30, 2012
82,089
46,399
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.
He's mad he's an idiot that didn't get more hand holding and it turns out is a rapist or some level of sexual assault in Canada instead of "rapist"...

He's a clown.
 

SirKillalot

Registered User
Feb 27, 2008
6,172
514
Norway
Do you really not understand this? It's all of those things.
Do you understand this? That is the question. If it is all those things. If it is, why isn't it mentioned they signed a new player-agent agreement?
Or they never signed a new one? Meaning they didn't represent him officially.
Which then would make it it expired, but he claim they continued to represent him.
 

Honour Over Glory

#firesully
Jan 30, 2012
82,089
46,399
Explain
What’s the issue with 3 levels of sexual assault.
Have you seen your legal system 😂
Depends on which country you're talking about in "your" and if you need to use that joke then really you don't get it at all.

Canada routinely let's off criminals with the weakest punishment, you don't need to resort to what aboutism to deflect. All justice systems are ass. But in this situation it's in Canada. And in Canada, you can commit crimes and get barely a slap on the wrist.
 
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