BILL NUMBER: SB 101	ENROLLED
	BILL TEXT

	PASSED THE SENATE  APRIL 14, 2011
	PASSED THE ASSEMBLY  JUNE 23, 2011

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, 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.


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repealed.
  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 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 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.