BILL NUMBER: SB 101	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Corbett

                        JANUARY 11, 2011

   An act to amend Section 18897.47 of, and to repeal and amend
Section 18897.27 of, the Business and Professions Code, relating to
professions and vocations.



	LEGISLATIVE COUNSEL'S DIGEST


   SB 101, as introduced, Corbett. Athlete agents: conflicts of
interest.
   Existing law, the Miller-Ayala Athlete Agents Act, the violation
of which is a crime, regulates specified activities of an athlete
agent in representing or seeking to represent student athletes and
professional athletes. Under this act, an agent is prohibited from
having an ownership or financial interest in any entity that is
directly involved in the same sport as a person the agent represents,
as specified.
   This bill would instead prohibit an athlete agent from having an
ownership or financial interest in an entity that directly employs
athletes in the same sport as a person the agent represents, as
specified.
   Existing law prohibits an athlete agent from dividing fees with or
receiving compensation from a professional sports league, team, or
other organization or its representatives or employees.
   This bill would limit the prohibition on an athlete agent dividing
fees or receiving compensation to fees or compensation directly
related to on-field activities of athletes or other representation of
the league, team, or organization directly related to athlete
employment.
   This bill would repeal an obsolete provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 18897.27 of the Business and Professions Code,
as added by Section 2 of Chapter 857 of the Statutes of 1996, is
repealed. 
   18897.27.  No athlete agent shall have an ownership or financial
interest in any entity that is directly involved in the same sport as
a person with whom the athlete agent has entered into an agreement
contract, for whom the athlete agent is attempting to negotiate an
endorsement contract, financial services contract or professional
sports service contract, or for whom the athlete agent provides
advice concerning potential or actual employment as a professional
athlete. 
  SEC. 2.  Section 18897.27 of the Business and Professions Code, as
added by Section 2 of Chapter 858 of the Statutes of 1996, is amended
to read:
   18897.27.  No athlete agent shall have an ownership or financial
interest in any entity that  is directly involved 
 directly employs athletes  in the same sport as a person
with whom the athlete agent has entered into an agent contract, or
for whom the athlete agent is attempting to negotiate an endorsement
contract, financial services contract, or professional sports service
contract, or for whom the athlete agent provides advice concerning
potential or actual employment as a professional athlete.
  SEC. 3.  Section 18897.47 of the Business and Professions Code is
amended to read:
   18897.47.  No athlete agent shall divide fees with or receive
compensation from a professional sports league, team, or other
organization or its representatives or  employee, or
  employees, if the fees or compensation are directly
related to on-field activities of athletes or other representation of
the league, team, or organization as it directly relates to the
employment of athletes. In addition, no athlete agent shall 
offer or allow any full-time employee of a union or players'
association connected with professional sports to own or participate
in any of the revenues of the athlete agent.