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SPMT 481 Final Exam | Actual Questions and Answers Latest Updated 2024/2025 (Graded A+), Exams of Sports Law

How do you become a sports agent? - ✔✔find a client how many people act as sports agents? - ✔✔25,000 + how many sports agents are certified in the 10 major sports leagues? - ✔✔4,000 NFLPA stats: - ✔✔# of players: 1,728 Certified agents: 1,112 % agents who represent at least one player: 30% NBPA stats: - ✔✔# of players: 360 Certified agents: 183 % agents who represent at least one player: < 100

Typology: Exams

2023/2024

Available from 08/30/2024

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SPMT 481 Final Exam | Actual Questions and Answers Latest Updated
2024/2025 (Graded A+)
How do you become a sports agent? - ✔✔find a client
how many people act as sports agents? - ✔✔25,000 +
how many sports agents are certified in the 10 major sports leagues? - ✔✔4,000
NFLPA stats: - ✔✔# of players: 1,728
Certified agents: 1,112
% agents who represent at least one player: 30%
NBPA stats: - ✔✔# of players: 360
Certified agents: 183
% agents who represent at least one player: < 100
MLBPA stats: - ✔✔# of players: 1,200
Certified agents: 328
% agents who represent at least one player: 100%
how do so many sports agents make a living of this business? - ✔✔they don't
George Harold "Red" Grange: - ✔✔the "galloping ghost"
turned pro after 1925 season
gave legit-ness to pro football
Vince Lombardi: - ✔✔Green Bay Packer head coach
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Download SPMT 481 Final Exam | Actual Questions and Answers Latest Updated 2024/2025 (Graded A+) and more Exams Sports Law in PDF only on Docsity!

SPMT 481 Final Exam | Actual Questions and Answers Latest Updated

2024/2025 (Graded A+)

How do you become a sports agent? - ✔✔find a client how many people act as sports agents? - ✔✔25,000 + how many sports agents are certified in the 10 major sports leagues? - ✔✔4, NFLPA stats: - ✔✔# of players: 1, Certified agents: 1, % agents who represent at least one player: 30% NBPA stats: - ✔✔# of players: 360 Certified agents: 183 % agents who represent at least one player: < 100 MLBPA stats: - ✔✔# of players: 1, Certified agents: 328 % agents who represent at least one player: 100% how do so many sports agents make a living of this business? - ✔✔they don't George Harold "Red" Grange: - ✔✔the "galloping ghost" turned pro after 1925 season gave legit-ness to pro football Vince Lombardi: - ✔✔Green Bay Packer head coach

Jim Ringo: - ✔✔Green Bay Packers player All-Pro Hall of Fame Sandy Koufax: - ✔✔might be best pitcher in history held out for 167,000 each (42,000 more than highest paid player Don Drysdale: - ✔✔held out for 167,000 each (42,000 more than highest paid player Sports Management Firms: - ✔✔-IMG

  • ProServ International Management Group: - ✔✔Mark McCormack (1960) with Arnold Palmer, Gary Player, Jack Nicklaus ProServ: - ✔✔Donald Dell (1970) Arthur Ashe, Stan Smith Examples of Sports Agents Pioneers: - ✔✔Bob Woolf, Martin Blackman, Mike Trope, Leigh Steinberg Factors contributing to agent proliferation: - ✔✔- players' union
  • free agency Consolidation of Agency Firms: - ✔✔SFX sports, Assante Corp. Octagon, CAA, Wasserman Media Group Agency: - ✔✔fiduciary relationship which results from the manifestation of consent by one person to another that the other shall act in his behalf and subject to his contract, and consent by the other so to act.

Player to Agent Obligations: - ✔✔1. pay agent

  1. reimburse reasonable expenses
  2. assume liability for authorized acts of agent Duration of Agency Relationship: - ✔✔for fixed period of time until completion of specific acts perpetual revocation by player voluntary reunication by agent voluntary renunciaiton by agent involuntary renunciation by agent death of player/agent mental incapacity Problems with Agents: - ✔✔unethical solicitation, charging excessive fees, conflicts of interest, general incompetence, income mismanagement, fraud, unauthorization practice of law Statute: - ✔✔act of legislative body which declares, commands, or prohibits something Federal Statutes: - ✔✔passed by US Congress State Statutes: - ✔✔passed by state legislature 3 Athlete Agent Statues: - ✔✔1. Sports Agent Responsibility and Trust Act
  3. Uniform Athlete Agent Acts
  4. State Athlete Agents Acts SPARTA: - ✔✔signed into law on 24 Sep 2004

designed primarily to protect universities, not athletes. Provisions: prohibits certain things, requires certain disclosures, creates civil liability for violation by agent, state/institutions have right to sue, liability is in addition to state statutes What came about the SPARTA 7807 when US Congress urged states to protect student athletes and amateur sports? - ✔✔Uniform Athlete Agents Act Provisions of UAAA: - ✔✔creates unifromity among states and reciprocity between states, provides criminal penalty for agent, provides civil liability for agent and former athlete, university has right to sue State Athlete Agents Act: - ✔✔adopted from provisions of UAAA found in Chapter 2051 of Texas Occupations Code 38 states passed UAAA 9 states have no agent laws Requirements for Certification - NBPA - ✔✔apply for certification four year college degree Requirements for Certification - NFLPA - ✔✔application 1650 fee undergraduate and post graduate degrees background check mandatory seminar attendance pass a written examination Requirements for Certification - MLBPA - ✔✔apply for certification represent a player on an MLB 40-man roster Contractual Agreement: - ✔✔players' unions regulate these in the professional league sports