Especially with major Sports Brands and/or it's Players. Contracts are voided many times with these two entities.
Team Logo's/Namesake are under the unbrella of the NFL (Owners). If there is a lockout, NFLPA can't use those Logo's/Namesake to make profit., even if there is/was an agreement.
From what I've heard, if there is a lockout, you can't take Players and tie them to an Owner's Brand (Team) and/or vise-versa and profit from the combination of the two as a whole when they no longer exist as one.
The main argument is how much of a cut each entitiy should get from profits from the combined brands as a whole. This would include any and all external agreements that sell both as one.
I've been told that when Owners and Players at the pro level reach this point, things get real nasty and selfish.
Meaning each does not want the other to profit in any way by utilizing their brand.
We shall see how it plays out.

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