(a) An athlete agent shall create and retain for five (5) years from the time of entering an agency contract records of the following:

Terms Used In Tennessee Code 49-7-2113

  • Agency contract: means an agreement in which a student athlete authorizes a person to negotiate or solicit on behalf of the athlete a professional-sports-services contract or endorsement contract. See Tennessee Code 49-7-2102
  • Contract: A legal written agreement that becomes binding when signed.
  • State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Tennessee Code 49-7-2102
  • Student athlete: means an individual who is eligible to attend an educational institution and engages in, is eligible to engage in, or may be eligible in the future to engage in, any interscholastic or intercollegiate sport. See Tennessee Code 49-7-2102
(1) The name and address of each individual represented by the agent;
(2) Each agency contract entered into by the agent; and
(3) The direct costs incurred by the agent in the recruitment or solicitation of each student athlete to enter into an agency contract.
(b) Records described in subsection (a) are open to inspection by the secretary of state or the secretary’s designee during normal business hours.