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Session Laws, 1988
Volume 770, Page 4618   View pdf image
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Ch. 695

LAWS OF MARYLAND

(2)  SPECIFIC SERVICES OFFERED BY THE SPORTS AGENT
REGARDING REPRESENTATION OF THE ATHLETE IN MARKETING THE
ATHLETE'S ABILITY OR REPUTATION; OR

(3)  THE PROVISION OF FINANCIAL SERVICES BY THE SPORTS
AGENT TO THE ATHLETE.

(D) THIS SUBTITLE DOES NOT PROHIBIT AN ATHLETE OR AN
ATHLETE'S PARENT, LEGAL GUARDIAN, OR OTHER ADVISOR FROM
CONTACTING OR INTERVIEWING A SPORTS AGENT TO DETERMINE THE SPORTS
AGENT'S PROFESSIONAL ABILITY TO REPRESENT THE ATHLETE, MARKET THE
ATHLETE'S ABILITY OR REPUTATION, OR PROVIDE FINANCIAL SERVICES.

612.

(A)  A LICENSED SPORTS AGENT WHO VIOLATES ANY PROVISION OF
THIS SUBTITLE SHALL BE SUBJECT TO:

(1)  FORFEITURE OF ANY RIGHT OF REPAYMENT FOR ANYTHING
OF VALUE RECEIVED BY AN ATHLETE AS AN INDUCEMENT TO ENTER INTO AN
AGENT CONTRACT OR FINANCIAL SERVICES CONTRACT, OR RECEIVED BY AN
ATHLETE BEFORE COMPLETION OF THE ATHLETE'S LAST INTERCOLLEGIATE
OR HIGH SCHOOL CONTEST;

(2)  A REFUND OF ANY CONSIDERATION PAID TO THE SPORTS
AGENT ON AN ATHLETE'S BEHALF; AND

(3)  REASONABLE ATTORNEY'S FEES AND COURT COSTS
INCURRED BY AN ATHLETE RECOVERING AGAINST A SPORTS AGENT FOR A
VIOLATION OF THIS SUBTITLE.

(B)  ANY AGENT CONTRACT OR FINANCIAL SERVICES CONTRACT THAT
IS NEGOTIATED BY A SPORTS AGENT WHO HAS FAILED TO COMPLY WITH
THIS SUBTITLE IS VOID VOIDABLE BY THE ATHLETE.

613.

(A)  A LICENSED SPORTS AGENT SHALL KEEP RECORDS IN THE
MANNER REQUIRED BY THIS SECTION AND SHALL PROVIDE THE SECRETARY
WITH THE INFORMATION CONTAINED IN THE RECORDS ON REQUEST.

(B)  THE RECORDS SHALL CONTAIN:

(1)  THE NAME AND ADDRESS OF EACH ATHLETE EMPLOYING
THE SPORTS AGENT, THE AMOUNT OF ANY FEE RECEIVED FROM THE
ATHLETE, AND THE SPECIFIC SERVICES PERFORMED ON BEHALF OF THE
ATHLETE; AND

(2)  THE TRAVEL AND ENTERTAINMENT EXPENDITURES
INCURRED BY THE SPORTS AGENT, INCLUDING FOOD, BEVERAGES,
MAINTENANCE OF A HOSPITALITY ROOM, SPORTING EVENTS, THEATRICAL
AND MUSICAL EVENTS, AND TRANSPORTATION, LODGING, OR OTHER
EXPENSES INCURRED IN CONNECTION WITH THE ENTERTAINMENT.

- 4618 -

 

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Session Laws, 1988
Volume 770, Page 4618   View pdf image
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