In honor of Halloween, a frightening look at some of the potential consequences of violating
“Any professional athlete, or any student athlete, or any elementary or secondary school, college, university, or other educational institution, or any league, conference, association, or federation of the preceding educational institutions, or any other person may bring a civil action for recovery of damages from an athlete agent…”
“A plaintiff that prevails in a civil action brought under this section may recover actual damages, or fifty thousand dollars ($50,000), whichever is higher; punitive damages; court costs; and reasonable attorney's fees.”
“An athlete agent found liable under this section also shall forfeit any right of repayment for anything of benefit or value provided to a student athlete, and shall refund any consideration paid to that athlete agent by or on behalf of the student athlete.”
“It is the intent of the Legislature…to encourage enforcement of this chapter through private civil actions.”
“Any agent contract that is negotiated by an athlete agent who fails to comply with this chapter…is void and unenforceable.”
“No person shall owe an athlete agent any money or other consideration pursuant to an endorsement contract, financial services contract, or professional sports services contract negotiated by the athlete agent if the athlete agent fails to comply with this chapter.”
“The athlete agent shall refund any money or other consideration paid pursuant to that contract.”
An athlete agent or athlete agent's representative or employee who violates any provision of this chapter is guilty of a misdemeanor, and shall be punished by a fine of not more than fifty thousand dollars ($50,000), or imprisonment in a county jail not exceeding one year, or by both that fine and imprisonment.
“The court may suspend or revoke the privilege of any person convicted of a violation of this chapter to conduct the business of athlete agent.”
Trick or Treat?!
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