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NCAA rules forbid student-athletes to agree, orally or in writing, to be represented by an agent or organization in the marketing of his or her athletic ability or reputation until after the completion of the last intercollegiate contest, including postseason games.
The Uniform Athlete Agent Act (?UAAA?) was drafted in 2000 by the National Conference of Commissioners on Uniform State Laws. Forty-two states have adopted some version of the UAAA, which broadly governs the relationship among athlete-agents, student-athletes, and educational institutions.
Steps to Become a Sports Agent Explore your options. There are few different paths your career as sports agent can take. ... Earn your bachelor's degree. ... Consider an internship. ... Earn your state license. ... Purchase professional insurance. ... Consider an advanced degree path. ... Earn league certification. ... Begin your job search.
Sports agents generally receive between 4 and 15% of the athlete's playing contract, and 10 to 20% of the athlete's endorsement contract, although these figures vary. NFL agents are not permitted to receive more than 3%, and NBA agents not more than 4%, of their client's playing contracts.
It makes it unlawful for an agent to directly or indirectly recruit a student athlete by giving any false or misleading information, making a false promise or representation, or providing anything of value to a student athlete, or anyone associated with the athlete, before he or she has entered into an agency contract.
The 2000 Act governs relations among student athletes, athlete agents, and educational institutions, protecting the interests of student athletes and academic institutions by regulating the activities of athlete agents.
This is an agreement in which a student-athlete authorizes a person to negotiate or solicit on behalf of the student-athlete a professional sports-services contract or an endorsement contract.