### Question
How is the "agency contract" defined?


### Answer
The term **agency contract** is defined in *15 U.S.C. § 7801* as follows -

> an oral or written agreement in which a student athlete authorizes a person to negotiate or solicit on behalf of the student athlete a professional sports contract or an endorsement contract

#### Citation:
  - *15 U.S.C. § 7801*
  - Heading: **CHAPTER 104-SPORTS AGENT RESPONSIBILITY AND TRUST**

