Sports Agent Contract

SPORTS AGENT CONTRACT

Contract Number: [________________________________]

This Sports Agent Contract ("Contract") is made and entered into as of [__/__/____] ("Effective Date"), by and between:

PRINCIPAL (ATHLETE):
Full Legal Name: [________________________________]
Date of Birth: [__/__/____]
Sport: [________________________________]
Current Team (if applicable): [________________________________]
Address: [________________________________]
City, State, ZIP: [________________________________]
Telephone: [________________________________]
Email: [________________________________]

("Principal" or "Athlete")

AND

AGENT:
Agent Name: [________________________________]
Agency Name: [________________________________]
Business Address: [________________________________]
City, State, ZIP: [________________________________]
Telephone: [________________________________]
Email: [________________________________]
State License/Registration No.: [________________________________]
Players Association Certification No.: [________________________________]

("Agent")

SECTION 1: RECITALS AND PURPOSE

1.1 Principal is a professional athlete or prospective professional athlete in the sport of [________________________________].

1.2 Agent is a duly licensed, registered, and/or certified sports agent authorized to represent athletes in the negotiation of professional sports contracts.

1.3 Principal desires to retain Agent to provide certain services as described herein, and Agent desires to provide such services.

1.4 The parties wish to memorialize the terms and conditions of their relationship in this Contract.

SECTION 2: SCOPE OF SERVICES

2.1 Primary Services

Agent agrees to provide the following services on behalf of Principal:

☐ Contract Negotiations
- Negotiate professional player contracts with teams/clubs
- Negotiate contract extensions, amendments, and restructures
- Advise on salary arbitration matters
- Assist with free agency decisions

☐ Marketing and Endorsements
- Solicit and negotiate endorsement agreements
- Negotiate sponsorship deals
- Arrange and negotiate appearance fees
- Develop marketing strategy and opportunities

☐ Career Management
- Provide career counseling and strategic planning
- Coordinate with team management on career matters
- Advise on league and team rules compliance
- Assist with trade requests or preferences

☐ Advisory Services
- Refer to qualified financial advisors
- Refer to qualified legal counsel
- Refer to qualified tax professionals
- Coordinate with other professional advisors

2.2 Excluded Services

The following services are expressly excluded from this Contract:

☐ Financial management and investment advice
☐ Tax preparation and filing
☐ Legal representation in non-sports matters
☐ Personal services unrelated to athletic career
☐ Other: [________________________________]

2.3 Subcontracting

☐ Agent may utilize employees and associates of Agent's agency to assist in providing services.
☐ Agent may not subcontract any services without Principal's prior written consent.

SECTION 3: TERM OF CONTRACT

3.1 Contract Term

This Contract shall be effective for:

☐ One (1) year from the Effective Date
☐ Two (2) years from the Effective Date
☐ The duration of Principal's current player contract plus [____] year(s)
☐ Other specified term: [________________________________]

Expiration Date: [__/__/____]

3.2 Option Periods

☐ Agent shall have the option to extend this Contract for [____] additional period(s) of [____] year(s) each, exercisable by written notice at least [____] days prior to expiration.

☐ Principal shall have the option to extend this Contract for [____] additional period(s) of [____] year(s) each, exercisable by written notice at least [____] days prior to expiration.

☐ No option periods apply; any extension requires mutual written agreement.

3.3 Early Termination

By Principal:
Principal may terminate this Contract:
☐ At any time upon [____] days' written notice
☐ Immediately for cause as defined in Section 3.4
☐ Upon payment of termination fee of $[________________________________]

By Agent:
Agent may terminate this Contract:
☐ At any time upon [____] days' written notice
☐ Immediately for cause as defined in Section 3.4
☐ If Principal materially breaches cooperation obligations

3.4 Termination for Cause

Either party may terminate immediately upon:

a) Material breach of this Contract not cured within fifteen (15) days of written notice
b) Agent's loss of required licenses or certifications
c) Agent's decertification by relevant Players Association
d) Criminal conviction of either party for a felony or crime of moral turpitude
e) Agent's filing for bankruptcy or insolvency
f) Agent's failure to maintain required professional liability insurance
g) Principal's retirement from professional athletics

SECTION 4: COMPENSATION AND FEES

4.1 Commission Schedule

A. Player Contract Commissions:

B. Marketing/Endorsement Commissions:
Agent shall receive [____]% of gross compensation from:
- Endorsement contracts
- Sponsorship agreements
- Licensing agreements
- Appearance fees
- Media appearances

C. Other Income:
Agent shall receive [____]% of:
- Camp/clinic income arranged by Agent
- Book deals negotiated by Agent
- Speaking engagements arranged by Agent
- Other: [________________________________]

4.2 Commission Basis

Commissions shall be calculated on:

☐ Gross compensation (before taxes and other deductions)
☐ Base salary only (excluding performance bonuses)
☐ Total compensation including all bonuses and incentives
☐ Other basis: [________________________________]

4.3 Payment Terms

Commissions shall be paid:

☐ Within [____] days after Principal receives payment
☐ Concurrently with Principal's receipt of payment (direct payment by payor if agreed)
☐ Monthly, based on compensation received during prior month

4.4 Commission on Deferred Compensation

For deferred compensation:

☐ Commission is due when deferred compensation is actually received
☐ Commission is due when deferred compensation is earned (regardless of payment date)
☐ Other arrangement: [________________________________]

4.5 Expenses

Agent-Paid Expenses:
Agent shall bear all ordinary and necessary business expenses including:
- Office overhead and staff
- Routine travel within the continental United States
- Communication costs
- Marketing materials

Principal-Paid Expenses:
Principal agrees to reimburse Agent for pre-approved expenses including:
☐ International travel on Principal's behalf
☐ Extraordinary promotional materials
☐ Third-party professional fees (legal, accounting, etc.)
☐ Other: [________________________________]

All reimbursable expenses require advance written approval and documentation.

4.6 Post-Termination Compensation

Following termination of this Contract:

a) Agent shall receive full commissions on all contracts executed during the term of this Contract for the duration of such contracts

b) For contracts executed within [____] days after termination that were substantially negotiated by Agent during the term, Agent shall receive:
☐ Full commission rate
☐ Reduced commission of [____]%
☐ No commission

c) Agent shall provide full cooperation and documentation to Principal and any successor agent regarding pending negotiations

SECTION 5: AGENT DUTIES AND OBLIGATIONS

5.1 Standard of Care

Agent shall perform all services hereunder with the degree of care, skill, and diligence that would be exercised by a reasonably prudent sports agent under similar circumstances.

5.2 Fiduciary Duty

Agent acknowledges a fiduciary relationship with Principal and agrees to:

a) Act solely in Principal's best interests
b) Provide full disclosure of all material facts
c) Account for all funds received on Principal's behalf
d) Avoid conflicts of interest
e) Maintain confidentiality of Principal's information

5.3 Specific Obligations

Agent agrees to:

☐ Maintain current registration/licensing in all required jurisdictions
☐ Maintain certification with applicable Players Association
☐ Maintain professional liability (E&O) insurance of at least $[________________________________]
☐ Provide written status updates at least [____] per month during negotiations
☐ Respond to Principal's communications within [____] business hours
☐ Attend key meetings and negotiations in person when reasonably requested
☐ Never execute any contract on Principal's behalf without express written authorization
☐ Provide copies of all contracts and material documents within [____] days of execution

5.4 Conflicts of Interest

Agent currently represents the following clients in the same sport/position who may compete with Principal for roster spots, playing time, or contracts:

[________________________________]
[________________________________]

Agent agrees to:
a) Disclose any new representation that may create a conflict
b) Obtain Principal's written consent before undertaking conflicting representation
c) Never share Principal's confidential information with competing clients
d) Never subordinate Principal's interests to those of another client

SECTION 6: PRINCIPAL DUTIES AND OBLIGATIONS

6.1 Cooperation

Principal agrees to:

a) Cooperate fully with Agent in all matters related to this Contract
b) Provide accurate and complete information as reasonably requested
c) Attend meetings, interviews, and appearances as reasonably scheduled
d) Promptly review and respond to contract proposals
e) Refrain from negotiating directly with teams or sponsors without Agent's involvement

6.2 Exclusivity

☐ Exclusive Representation: Principal agrees that Agent shall be the exclusive representative for all services covered by this Contract during the term hereof. Principal shall not engage any other agent or representative for such services.

☐ Non-Exclusive Representation: Agent's representation is non-exclusive. Principal retains the right to engage other representatives.

6.3 Conduct

Principal agrees to:

a) Conduct himself/herself in a professional manner
b) Comply with all league rules, team policies, and applicable laws
c) Avoid conduct that would materially damage marketability
d) Notify Agent promptly of any circumstances that may affect representation

6.4 Financial Obligations

Principal agrees to:

a) Pay all commissions and authorized expenses as provided herein
b) Not dispute commissions on contracts negotiated by Agent
c) Direct third parties to pay Agent's commission directly when requested

SECTION 7: REPRESENTATIONS AND WARRANTIES

7.1 Agent Represents and Warrants:

a) Agent is duly licensed and registered as a sports agent in all jurisdictions where such licensure or registration is required for the services to be provided

b) Agent is currently certified by the [________________________________] Players Association (if applicable)

c) Agent has never had any license, registration, or certification revoked, suspended, or denied

d) Agent has no pending disciplinary actions or investigations by any regulatory body or players association

e) Agent maintains professional liability insurance as required

f) Agent is not subject to any agreement that would restrict Agent's ability to perform under this Contract

g) All information provided to Principal regarding Agent's qualifications, experience, and background is true and accurate

7.2 Principal Represents and Warrants:

a) Principal is not bound by any existing agency contract for the services covered herein, or any such contract will expire before this Contract becomes effective

b) Principal has the legal capacity to enter into this Contract

c) Principal has disclosed all existing contracts, obligations, and circumstances that may affect Agent's representation

d) If Principal is a student-athlete, Principal has consulted with appropriate compliance personnel regarding this Contract

SECTION 8: INDEMNIFICATION

8.1 Agent Indemnification

Agent shall indemnify, defend, and hold harmless Principal from and against any claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from:

a) Agent's negligence or willful misconduct
b) Agent's breach of this Contract
c) Agent's violation of any law, regulation, or players association rule
d) Agent's unauthorized actions on Principal's behalf

8.2 Principal Indemnification

Principal shall indemnify, defend, and hold harmless Agent from and against any claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from:

a) Principal's breach of this Contract
b) Principal's failure to disclose material information
c) Principal's intentional misconduct

SECTION 9: CONFIDENTIALITY

9.1 Confidential Information

Each party agrees to maintain in strict confidence:

a) The terms of this Contract
b) All contract negotiations and terms
c) Financial information and compensation details
d) Medical and health information
e) Personal information of Principal and Principal's family
f) Business strategies and marketing plans

9.2 Permitted Disclosures

Confidential information may be disclosed:

a) With prior written consent of the other party
b) To professional advisors bound by confidentiality
c) As required by law, legal process, or regulatory authority
d) To the extent necessary to enforce rights under this Contract

9.3 Duration

Confidentiality obligations shall survive termination of this Contract for a period of five (5) years.

SECTION 10: DISPUTE RESOLUTION

10.1 Internal Resolution

The parties agree to attempt to resolve any dispute through direct good-faith negotiations for a period of at least [____] days before pursuing other remedies.

10.2 Players Association Arbitration

If Principal is a member of a Players Association with arbitration procedures for agent disputes, such disputes shall be resolved in accordance with those procedures.

Applicable Players Association: [________________________________]

10.3 Alternative Arbitration

For disputes not subject to Players Association arbitration, the parties agree to binding arbitration:

☐ Administered by the American Arbitration Association under its Commercial Arbitration Rules
☐ Administered by JAMS under its Comprehensive Arbitration Rules
☐ Other: [________________________________]

Location of Arbitration: [________________________________]

10.4 Governing Law

This Contract shall be governed by the laws of the State of [________________________________], without regard to conflicts of law principles.

10.5 Prevailing Party

The prevailing party in any dispute shall be entitled to recover reasonable attorneys' fees and costs.

SECTION 11: REGULATORY COMPLIANCE

11.1 SPARTA Compliance

Agent acknowledges the requirements of the Sports Agent Responsibility and Trust Act (15 U.S.C. § 7801 et seq.) and agrees to comply with all disclosure and conduct requirements thereunder.

11.2 UAAA Compliance

Agent shall comply with the Uniform Athlete Agents Act as adopted in all applicable jurisdictions and maintain all required registrations.

11.3 Players Association Compliance

Agent shall comply with all rules and regulations of applicable Players Associations and shall not take any action that would jeopardize such compliance or certification.

11.4 NCAA Compliance (if applicable)

☐ Principal is a current student-athlete at [________________________________]
☐ Principal has exhausted college eligibility
☐ Principal is not a student-athlete

WARNING TO STUDENT-ATHLETES: Entering into this Contract may affect your eligibility to participate in intercollegiate athletics. You are advised to consult with your institution's compliance office before signing.

SECTION 12: GENERAL PROVISIONS

12.1 Entire Agreement

This Contract, together with any exhibits and addenda, constitutes the entire agreement between the parties and supersedes all prior negotiations, representations, and agreements relating to its subject matter.

12.2 Amendments

This Contract may not be amended or modified except by a written instrument signed by both parties.

12.3 Assignment

Neither party may assign this Contract without the prior written consent of the other party.

12.4 Notices

All notices required or permitted under this Contract shall be in writing and shall be deemed delivered when:
- Personally delivered
- Sent by overnight courier (delivery date)
- Sent by certified mail, return receipt requested (three days after mailing)
- Sent by email with read receipt confirmation

Notices shall be sent to the addresses set forth above or to such other addresses as the parties may designate in writing.

12.5 Severability

If any provision of this Contract is held invalid or unenforceable, the remaining provisions shall continue in full force and effect, and the invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.

12.6 Waiver

No waiver of any provision of this Contract shall be effective unless in writing, and no waiver shall constitute a waiver of any other provision or of the same provision on another occasion.

12.7 Counterparts

This Contract may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument.

12.8 Electronic Signatures

Electronic signatures shall be deemed valid and binding to the same extent as original signatures.

SECTION 13: ADDITIONAL TERMS

13.1 Special Provisions

[________________________________]
[________________________________]
[________________________________]

13.2 Attached Exhibits

☐ Exhibit A: Agent Disclosure Statement
☐ Exhibit B: Current Contracts and Obligations
☐ Exhibit C: Fee Schedule Details
☐ Exhibit D: State-Specific Addenda

SIGNATURES

IN WITNESS WHEREOF, the parties have executed this Sports Agent Contract as of the Effective Date.

PRINCIPAL (ATHLETE):

Signature: ________________________________
Printed Name: [________________________________]
Date: [__/__/____]

PARENT/LEGAL GUARDIAN (if Principal is under 18):

Signature: ________________________________
Printed Name: [________________________________]
Relationship: [________________________________]
Date: [__/__/____]

AGENT:

Signature: ________________________________
Printed Name: [________________________________]
Title: [________________________________]
Agency: [________________________________]
Date: [__/__/____]

ACKNOWLEDGMENT OF RECEIPT

Principal acknowledges receipt of:

☐ A signed copy of this Contract
☐ Agent Disclosure Statement (Exhibit A)
☐ Applicable state-specific disclosure documents
☐ Copy of Agent's current license/registration
☐ Copy of Agent's Players Association certification (if applicable)

Principal Initials: [____] Date: [__/__/____]

This contract template is designed to comply with federal and state sports agent regulations. Actual commission rates and terms may be subject to Players Association regulations. Both parties should seek independent legal counsel before signing.