Transfer The Risk Of Loss To Others In Your Sports Contracts

Source: sadlersports.com - Transfer The Risk Of Loss To Others In Your Sports Contracts
Author: John Sadler

There are two common situations that arise where local sports organizations need to be careful to protect themselves from assuming the risk of loss (ex: bodily injury to spectator / player and property damage liability) that should fall upon the other party. These situations occur with field / facility owners from which practice and playing fields are leased and with vendors which provide critical services to the sports organization. When the negligence of these parties is the cause of injury to a third party, you want them and their insurance carriers to be responsible for providing legal defense and paying any damages. One of the best ways to achieve this result is to make sure that you have a contract in force with them that specifies this outcome. Of course, this requires a simple contract review (lease agreement and vendor services agreement) and the need for occasional negotiation of provisions as regards insurance requirements and hold harmless / indemnification.

To follow are prior blogs that provide clear instructions on how to deal with these two situations:

Before You Sign The Sports Facility Lease Agreement

Collect Certificates Of Insurance From Your Vendors

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