McKenzie

Promising Futures

Fund

Sure Sports Gives Back

 

At this year's NFL Combine Sports & Spirits Party, Sure Sports Lending and their guests entered into a 50-50 raffle benefiting McKenzie Promising Futures Fund. MPFF, an initiative run fully by volunteers, was started in 2012 by Leon C. McKenzie. Leon is very passionate about Lansdowne Friends School, which he attended as a grade school student, and he credits the school for shaping his continued learning experiences. He wanted to give back to his community and for Leon, there is nothing of greater charitable value, than awarding scholarships to children who otherwise may not be able to attend LFS.

 

“The reason I love Lansdowne Friends School is because the teachers are nurturing and understanding. The school gives a great education and everyone has fun on the playgrounds. We have fantastic activities and specials like Art and Library. I like gathering in the Meeting House. It is very welcoming. LFS is one of the best schools I have ever gone to!”

- Zagwe (Scholarship Recipient 2016)

 

Last year, (5) students were awarded with scholarships and in 2017, McKenzie Promising Futures Fund would like to reach an annual campaign donation goal of $24,000. 100% of donations go directly to students and teachers at Lansdowne Friends School. Sure Sports Lending will match donations, yearly, up to $20,000. Your contribution is tax-deductible as McKenzie Promising Futures Fund is a non-profit 501(c)(3) public charity (tax ID # 81-0847892).

 

Sure Sports Lending
1926 Hollywood Blvd. Suite 308
Hollywood, FL 33020
 
   
 

 

Newsletter | February 2017

~ Upcoming Events ~

NFL Combine

Sports & Spirits

Open Bar Cocktail Party

 

MLB Spring Training

NFL Draft

NHL Draft 

 

Let us know if you're attending any of these events so we can invite you to our next Open Bar Sports & Spirits Social!

~ Loan Highlights ~

 $10.5M unsecured loan at 6% APR, 57-month term, for MLB World Series Champion

 

 $265K unsecured loan at 7% APR, 35-month term, for a 2015 second round NBA Draft Pick

 

 $850K investment real estate loan at 5% interest only, 24-month term, for NFL Pro Bowler

~ Announcements ~

Welcome Kevin and Laura!

 

We have expanded our Sure Sports Team by two to include Kevin Brown, Client Services Associate, and Laura Senn, Administrative Assistant. Click here to learn more about them! 

 

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Congratulations Anamaria Verdeja and Drew Rebling!

 

We're happy to announce that Anamaria and Drew are celebrating their one year work anniversary with the company!

 

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Learn More About SSL's Newest Satellite Office

 

Anamaria Verdeja, Marketing Coordinator, has moved to our new satellite office in Bethesda, MD, just outside of Washington, D.C. If you are in the area and would like to set up a meeting, please email her at averdeja@suresportslending.com.

 

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Want to Join our Team?

 

We're looking for a Summer Social Media and Marketing Intern for our satellite office in Bethesda, MD. Visit our website to view the job description and application. If you're interested or know of anyone that may be interested, please email

averdeja@suresportslending.com

Introducing Agent Pre-Draft Loans 

We’re excited to announce our new service, Agent Pre-Draft Loans. The financing for the Agent Pre-Draft Loans will be based upon your SRA with each of your draft-eligible clients. The loans will be available to finance your clients’ training, housing, travel, LOV insurance, and contingencies. To learn more, contact Joleen Matte, Director of Operations, at jmatte@suresportslending.com, or visit our website

 

2017 NFL Combine

Our biggest party of the year is back! Join us in Indianapolis for our

Annual Sports & Spirits Open Bar Cocktail Party

on Thursday, March 2nd.

To RSVP, please email 

averdeja@suresportslending.com

 

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Are you free Wednesday, March 1st at 7 P.M.? Join us at The 8th Annual Parabolic Performance & Rehab ITL Combine Seminar Presented by Sure Sports Lending. This sympsoium, hosted by Inside the League, the only consulting service dedicated to the business of college and pro football, will include presentations by Sure Sports Lending, World Wrestling Entertainment, and Sports Info Solutions. For more information, visit Insidetheleague.com.  

SSL Gives Back 

Sure Sports Lending has been McKenzie Promising Futures Fund's main sponsor since it's inception in 2012. We have helped MPFF raise over $40,000 and provide 10 scholarships to students at Lansdowne Friends School. We are in our Year 4 Campaign and donations are being accepted until April 15th. SSL matches 100% of donations up to $20,000. To learn more and donate, visit

www.mckenziepromisingfuturesfund.org

St. Thomas Law School Symposium 

 

 

Our very own, Leon C. McKenzie, sat on the Sports Agent/Business Team panel at the St. Thomas University School of Law Entertainment and Sports Law Symposium on February 11. Leon and other sports business industry leaders discussed the latest issues in sports and why athletes use Sure Sports for their financing needs. Other panelists were Brian Levy (Founder/CEO of Goal Line Football, Inc.), Darren Heitner (Owner of Heitner Legal and Founder of Sports Agent Blog), Robert Raiola, (Director of the Sports and Entertainment Group at PKF O’Connor Davies, LLP), Alex Esteban (Partner and Agent at Arran, Correa, and Guarch), and Ron Butler (NFLPA Certified Contract Advisor at Impact Sports Management).

 

Case Study - MLB Pre-Arbitration

The Player's Request

Shortly after the conclusion of the 2016 MLB season, SSL received a request to secure financing for a Pre-Arbitration MLB player. The Player requested a $325K loan, with the primary use of the funds going towards renovations on the Player’s offseason residence.

The Hurdle

Subject to the MLB’s pre-arbitration rules, the Player’s 2017 MLB Salary will likely remain undetermined until mid-January of 2017. Typically, SSL requires a signed contract be in place prior to underwriting any sort of bank-related financing, however, without a signed contract in place, SSL turned toward it’s trusted and highly-esteemed General Counsel to assist them in getting a bank approval in short order.

The Difference

SSL has an Arbitration Memorandum prepared by its General Counsel, Heitner Legal. The memo provides insight into the total value of the MLB Contract that the Player will sign prior to the beginning of the 2017 MLB Season, along with an overview of the MLB Salary Arbitration process and the applicable qualifications / triggers that made the Player eligible for Arbitration. Based upon the memo, SSL was able to have the Player’s loan request approved by 3 banks within 10 business days.

 

 

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