Nason Yeager Gerson Harris & Fumero, P.A. attorney Ed Schauder was recently featured in MarketWatch, sharing his legal perspective on the risks collectors face when purchasing high-value sports memorabilia, especially in light of a recent string of high-profile thefts involving LeBron James game-worn jerseys, Mickey Mantle rookie cards, and other prized items.
As both an attorney and avid collector who has worked with numerous sports figures, Mr. Schauder explained that while courts may allow unsuspecting buyers to keep an item later determined to be stolen, the situation changes if the purchase price was significantly below market value — a factor that can raise legal red flags. He advised collectors to remain vigilant and work only with reputable dealers to ensure the legitimacy of an item’s provenance. To read the full article, click here.
To learn more about Mr. Schauder and his legal and business experience in the sports industry, click here.