FTC seeks info from 20 universities about agents, federal law
ESPN • • sports
Key Points:
- The Federal Trade Commission (FTC) has sent letters to 20 universities with Division I sports programs to investigate whether sports agents are complying with the Sports Agent Responsibility and Trust Act enacted in 2004.
- The inquiry seeks information from July 1, 2021, onward, coinciding with athletes' ability to profit from their name, image, and likeness (NIL), including contract dates, notifications to schools, complaints about agents, and copies of agency contracts with personal data redacted.
- The Sports Agent Responsibility and Trust Act prohibits agents from recruiting athletes through false information or providing benefits before contracts, with similar laws existing at the state level under the Uniform Athlete Agent Act in at least 40 states.
- Enforcement of these
