Court Petition for Endorsement of Posthumous Name, Image, and Likeness Agreement for Pete Rose
Pete Rose, the beloved baseball legend, passed away in September 2024, leaving behind a contentious estate battle in Nevada. One of the key issues at hand is a licensing agreement involving sports agent Mike Maguire, but there is no publicly available information or updates regarding a court hearing scheduled specifically for August 20, 2023, concerning this matter.
Rose's daughter, Fawn Rose, and Amber Fiechtner were appointed co-administrators of the estate. However, Fawn's role is currently being challenged by Rose's son, Tyler. Despite being daughters of Pete Rose, neither Fawn nor Rose's other daughter, Cara, are included as beneficiaries to the licensing agreement.
The posthumous licensing agreement, dated March 2023, grants Maguire authority over all licensing and endorsement deals involving Rose's name and likeness after his death. The agreement entitles Tyler Rose, Pete Rose II, and Dawn Erika Plancarte to each receive one-third of the proceeds from any future NIL deals involving Rose.
Maguire has petitioned a Nevada state court to confirm the validity of this licensing agreement. In June, Fawn requested a temporary restraining order from the court to block Maguire from using the agreement. However, her request was denied, suggesting that the court does not view Maguire's actions as causing immediate and irreparable harm to the estate.
Fawn has accused Maguire of operating without legal authority in pursuing NIL deals since her father's death. She has also expressed concerns about the licensing agreement causing damage to the estate and creating confusion. The document, which contains several handwritten amendments, including one that names Plancarte as an equal beneficiary, may be scrutinized by a judge.
It is expected that the revenue generated from licensing rights will far exceed the value of Rose's estate, especially since he has been reinstated by Major League Baseball. Maguire would earn a 5% commission on new deals and an additional 5% for expenses.
As of now, based on the current search results and public records, there is no update or known record of such a hearing taking place on August 20, 2023, or any developments regarding that matter. If this is a recent or ongoing issue, it may not be publicly documented or covered in these sources.
Sports-analysis indicates that the licensing agreement over Pete Rose's name and likeness, which involves sports agent Mike Maguire, could significantly impact the distribution of Rose's estate. This sports-betting opportunity, subject to ongoing legal challenges and court hearings, is expected to generate substantial revenue due to Rose's reinstatement in Major League Baseball.
