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Top NHL prospect John Tavares has severed ties to NHL player agent Bryan Deasley and his former employer, London, Ont.-based law firm, Siskinds LLP.
Tavares's mother, Barbara, worked for years in the banking sector, and said she'll be handling things for her son for the immediate future.
"We're looking in a new direction," Barbara Tavares said. "I worked in a number of different departments in the banking system. I have pretty good experience in that area and when you run your own business (she and husband Joe run a business in the steel industry), you do whatever's necessary."
Deasley's firing is the talk of the NHL agent business. Most players pay their agents 2 to 6 per cent of their on-ice earnings and an even larger stake of revenue from endorsements and other off-ice pursuits.
Losing Tavares could cost Deasley millions of dollars over the course of Tavares's career.
Deasley declined to comment yesterday.
If Tavares becomes an NHL star, it would mean a payoff of at least $100,000 (all figures U.S.) a year for his agent, several prominent NHL agents have said.
Some rival agents in recent months had taken jabs at Deasley, arguing he had an improper advantage landing Tavares because he hired Tavares's former minor-league coach, Jamie Naylor, as a financial adviser for his players. Naylor, who coached Tavares for three years, also works for a Toronto investment company.