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I need help using EDGAR

I am trying to find Brett Favre's recently signed contract with the Jets. I remember my securities professor telling me that all material contracts are filed on EDGAR. I have poked around on there, but I can't find it. Can someone help me out?

Thanks,

HM

Comments
Posted by hofstrasucks | Permalink Monday, September 22, 2008 7:45 AM

Your securities professor, much like the rest of the Hof, is an idiot.

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Posted by guest | Permalink Monday, September 22, 2008 5:53 PM

I think you are right that material contracts are filed with the SEC and I'm pretty sure i've found a contract this way before. You need to know the corporate legal name of the new york jets to search in Edgar and they would have to be a public company to be required to file with the SEC. but i don't know either of those things... sorry.

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Posted by guest | Permalink Tuesday, September 23, 2008 1:58 PM

None of the NFL franchises are public companies.

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Posted by guest | Permalink Tuesday, September 23, 2008 2:22 PM

Except Green Bay.

Anyhow, while material contracts are generally required to be filed, they are also almost always requested to remain private, and therefore only viewable to the SEC, not the unwashed. Oddly, most companies really don't want their competitors having access to their contracts. Go figure?

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Posted by guest | Permalink Tuesday, September 23, 2008 6:24 PM

1-4 are all idiots. Congratulations, morons.

Posted by hofstrasucks | Permalink Wednesday, September 24, 2008 11:47 PM

I'm no idiot; I went to Vermont instead of HofsTTTra.

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Posted by guest | Permalink Thursday, October 2, 2008 12:24 AM

You're not gonna find Brett's contract on EDGAR. Here's some '34 Act 101: Assume the Jets are public. If it's a public company entering into a material contract, it's also an 8-K event. A contract with Favre may not rise to the level of materiality given the value of the contract vs. the company's revenue, the value of the company vs. the value of one player's contract, etc. Further, even if you have to file an 8-K (4 days from the triggering event) you just have to describe the material terms; you don't have to file the actual contract until the next quarterly report (10-Q, or 10-K if it's a Q3 contract). Then you can request confidential treatment from the SEC for EDGAR filings for portions of the contract that would cause competitive harm. It's a pretty easy cut-and-paste argument to request confidential treatment, so you redact everything that's potentially competitively harmful and write letters back and forth with the SEC on everything they question until they get sick of you and give in.

Posted by HofstraMagna | Permalink Monday, October 6, 2008 7:43 PM

Bump.

Posted by hofstrasucks | Permalink Tuesday, October 7, 2008 11:25 PM

HofstraMagna, you don't need help using EDGAR; you just plain need help.

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