California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 2.5 — Athlete AgentsArticle 2 — Professional Athletes and Athlete AgentsSection 18897.47
No athlete agent shall divide fees with or receive compensation from a professional sports league, team, or other organization or its representatives or employees, if the fees or compensation are directly related to on-field activities of athletes or other representation of the league, team, or organization as it directly relates to the employment of athletes. In addition, no athlete agent shall offer or allow any full-time employee of a union or players’ association connected with professional sports to own or participate in any of the revenues of the athlete agent.
Notes
Prohibits an athlete agent from sharing fees with or receiving compensation from a professional sports league, team, organization, or their representatives or employees when directly related to athletes’ on-field activities or employment representation. It also prohibits allowing a full-time employee of a professional-sports union or players’ association to own or share in the agent’s revenues.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 18897.47 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-2-5/article-2/section-18897-47