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Compliance Corner July 2013

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SPORTS AGENTS

Contact by Agents:
The student-athlete and their family members should not have any interaction with agents until the student-athlete has exhausted his or her eligibility.  If you or your parents or relatives are contacted by agents or their representatives (runners), advise them of the following:

• Binghamton University’s Department of Intercollegiate Athletics instructs student-athletes and their families not to interact with any agent (financial advisor, insurance agents) until the student-athlete has exhausted their eligibility, and
• Advise the agent to call Binghamton University’s Office of NCAA Compliance at (607) 777-2798

If you do have contact with an agent, you must know that NCAA rules concerning agents:

PROHIBIT you from agreeing, either orally or in writing, to be represented by an agent or organization in the marketing of your athletic abilities or reputation until after the completion of your last intercollegiate contest, including post season games. This NCAA prohibition includes any agreement that is not effective until after the last game.

PROHIBIT you or anyone who represents you to negotiate or sign a playing contract in any sport in which you intend to compete, or to market your name or image.

PROHIBIT you (except if you are a men’s basketball student-athlete) from asking to be placed on a professional league’s draft list, whether or not you withdraw your name before the draft, whether or not you are actually drafted and whether or not you sign a professional contract. Contact the Office of NCAA Compliance for more information.

PROHIBIT you and your relatives or friends from accepting expenses or gifts of any kind (including meals and transportation) from an agent (or anyone else) who wishes to provide you with services. Such payment is not allowed because it would be compensation based on your athletic skills and a benefit not available to others.

PROHIBIT you from receiving benefits or preferential treatment (for example, loans with deferred payback basis) because of your reputation, skill or potential as a professional athlete.

PROHIBIT you from retaining professional services for personal reasons at less than the normal charge from a booster.

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