The Business of Sports Agents

Timothy Davis and Kenneth Shropshire, THE BUSINESS OF SPORTS AGENTS, 2nd ed., Univ. of Pennsylvania Press, 2008

Wake Forest Univ. Legal Studies Paper No. 1150326

Posted: 23 Jun 2008 Last revised: 14 Dec 2011

See all articles by Timothy Davis

Timothy Davis

Wake Forest University - School of Law

Kenneth Shropshire

University of Pennsylvania - Legal Studies Department

Abstract

The sports agent industry, one of the most intriguing businesses to develop as sport has become big business, has been glamorized by motion picture, television, and journalistic accounts. The Business of Sports Agents undertakes a serious examination of the business, ethical and legal dimensions of the sports agent industry. The book provides an up-to-date account of the current state of the business affairs of the industry, including a detailed discussion of the recent restructuring of the major agent representation firms. It also examines the history of the sports agent industry and its legal foundations. The book then identifies and critically assesses mechanisms - common law tort, contract and agency principles, uniform state and federal agent legislation, securities law, NCAA rules, and player association regulations - that attempt to ameliorate the myriad problems associated with the industry (e.g., improper recruiting, misappropriation of client funds, agent competence, conflicts of interest, and client stealing). It closes by considering recommendations for reform, including redefining amateurism in college sports and stiffening requirements for licensing agents. Among the chapters included in the book are the following:

Historical and Legal Foundations

Consolidation: An Evolving Industry

The Basics: Competition for Clients

Unscrupulous and Criminal: The Problem Agents

Conflicts of Interest

Ethics: Attorney Versus Nonattorney Agents

Agent Wars

Knights of Columbus Rules? Private Agent Regulations

A Uniform Approach: The Uniform Athlete Agents Act

Keywords: Sports Law

Suggested Citation

Davis, Timothy and Shropshire, Kenneth, The Business of Sports Agents. Timothy Davis and Kenneth Shropshire, THE BUSINESS OF SPORTS AGENTS, 2nd ed., Univ. of Pennsylvania Press, 2008, Wake Forest Univ. Legal Studies Paper No. 1150326, Available at SSRN: https://ssrn.com/abstract=1150326

Timothy Davis (Contact Author)

Wake Forest University - School of Law ( email )

P.O. Box 7206
Winston-Salem, NC 27109
United States

Kenneth Shropshire

University of Pennsylvania - Legal Studies Department ( email )

3730 Walnut Street
Suite 600
Philadelphia, PA 19104-6365
United States

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