them by clubs/players, employment contract; at the end of March, If engaged to act on a every calendar year. club’s behalf in order to conclude a transfer agreement - 3% of the eventual transfer fee paid. Brief guidelines on the following Intermediary to submit If engaged to act on a his/her representation player’s behalf – 3% of topics: contract with the player’s basic gross club/player to the FA income for the entire before undertaking duration of the relevant any relevant activities employment contract; Conflict of interest; on behalf of such If engaged to act on a Dual representation; club/player, within ten club’s behalf – 3% of the Disclosure of intermediary’s (10) days of such player’s basic gross relationship with clubs. contract being income for the entire executed and in any duration of the relevant event no later than at employment contract; the time of the If engaged to act on a registration of a club’s behalf in order to transaction by the FA. conclude a transfer agreement - 3% of the eventual transfer fee paid. The regulations provide guidance Agent is required to Player agent not provide a copy of permitted to charge a fee on a wide range of activities, agent’s representation unless the player’s including: agreement with player negotiated salary to the MLBPA and the exceeds the applicable player; minimum salary for that On or before of March year, as established by Violations of player rights; 1 of every year, agent the ‘Basic Agreement’ Disclosure of communications to provide the MLBPA (executed between MLB and interactions with and each player who and MLBPA); client players; paid the agent any In cases where the salary Co-operation at the time of fees in the previous negotiated exceeds the investigation. year a ‘Fee Statement’ applicable minimum in a format prescribed salary, any fee charged by the regulations. should not, when The regulations also specify subtracted from the certain prohibited activities and salary, result in a net conduct, including, but not salary to the player limited to: below or equal to the minimum salary; No upper limit on agent remuneration specified. Improper inducements; Violating duty of loyalty towards or any orders given by the MLBPA; Cooperating with clubs to undermine players;
them by clubs/players, at the end of March, every calendar year. employment contract; If engaged to act on a club’s behalf in order to conclude a transfer agreement - 3% of the eventual transfer fee paid. Brief guidelines on the following topics: Conflict of interest; Dual representation; Disclosure of intermediary’s relationship with clubs. Intermediary to submit his/her representation contract with club/player to the FA before undertaking any relevant activities on behalf of such club/player, within ten (10) days of such contract being executed and in any event no later than at the time of the registration of a transaction by the FA. If engaged to act on a player’s behalf – 3% of the player’s basic gross income for the entire duration of the relevant employment contract; If engaged to act on a club’s behalf – 3% of the player’s basic gross income for the entire duration of the relevant employment contract; If engaged to act on a club’s behalf in order to conclude a transfer agreement - 3% of the eventual transfer fee paid. The regulations provide guidance on a wide range of activities, including: Violations of player rights; Disclosure of communications and interactions with players; Co-operation at the time of investigation. The regulations also specify certain prohibited activities and conduct, including, but not limited to: Improper inducements; Violating duty of loyalty towards client or any orders given by the MLBPA; Cooperating with clubs to undermine players; Agent is required to provide a copy of agent’s representation agreement with player to the MLBPA and the player; On or before of March 1 of every year, agent to provide the MLBPA and each player who paid the agent any fees in the previous year a ‘Fee Statement’ in a format prescribed by the regulations. Player agent not permitted to charge a fee unless the player’s negotiated salary exceeds the applicable minimum salary for that year, as established by the ‘Basic Agreement’ (executed between MLB and MLBPA); In cases where the salary negotiated exceeds the applicable minimum salary, any fee charged should not, when subtracted from the salary, result in a net salary to the player below or equal to the minimum salary; No upper limit on agent remuneration specified.
final-report-volume-2.docx