Bad Bunny’s sports representation firm and the Major League Baseball Players Association filed an agreement Thursday to dismiss the union's lawsuit over penalties imposed for making improper inducements.
The sides submitted a stipulation telling U.S. District Judge Jennifer H. Rearden in Manhattan they had settled the matter.
The MLBPA disciplined Rimas Sports, the agency co-owned by Puerto Rican musical artist Bad Bunny, last April over violations of its agent regulations. It revoked the agent certification of Rimas’ William Arroyo and denied certifications of executives Noah Assad and Jonathan Miranda, citing citing a $200,000 interest-free loan and a $19,500 gift. The union issued a $400,000 fine for misconduct.
