NEW YORK — The sports management agency linked to famous Puerto Rican artist Bad Bunny and the Major League Baseball Players Association (MLBPA) have agreed to resolve their legal dispute over sanctions for improper incentives. On Thursday, the parties presented an agreement to U.S. District Judge Jennifer H. Rearden in Manhattan, indicating they have settled the conflict.
The Major League Baseball Players Association previously disciplined Rimas Sports, an agency co-owned by Bad Bunny, citing violations of its agent regulations. The union imposed penalties last April, including revocation of William Arroyo’s agent certification and denial of certifications to executives Noah Assad and Jonathan Miranda. The accusations involved offering a $200,000 interest-free loan and a $19,500 gift, leading to a $400,000 fine for misconduct.
In October, arbitrator Ruth M. Moscovitch supported the union’s decision to suspend Assad and Miranda for five years, while reducing Arroyo’s suspension to three years. Following this, the union sought to uphold the 80-page arbitration ruling by filing a petition in New York Supreme Court, which was then moved to a federal court.
At the time of the settlement, representatives from both the union and Rimas Sports had not provided any comments on the matter.
