NFLPA Agent-Regulations Governing Contract Advisors 2025

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Share Bachelors degree from an accredited university. Every Applicant shall be a CERTIFIED FINANCIAL PLANNER (CFP) and/or a Chartered Financial Analyst (CFA). Minimum of eight (8) years of licensed experience (qualifying licenses include FINRA series licenses, Attorney, CPA or an insurance license).
With the capital flowing in NIL, the feeling is that money is being handed to agents on a silver platter and they shouldnt charge more than 5% (or 3% because thats what the NFLPA caps fees at on team contract negotiations).
To become certified by the NFLPA, for example, agents must pay a nonrefundable application fee of $2,500, have an undergraduate AND post-graduate degree (masters or law), participate in a two-day seminar, and pass a written examination. Agents who start their own firms may need a business license in certain states.
Background Check Specifically, but not limited to, education, professional certificates, work experience, civil and criminal history will be reviewed. This report will also highlight financial matters including outstanding balances, liens, bankruptcy, etc.
Interview several agents there are more than 850 certified agents. Verify the clients represented by each agent.
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Certification and licensing requirements vary depending on the sport and the country. Here are some examples: National Football League (NFL): Aspiring NFL agents must have a bachelors degree, pay a non-refundable fee, and pass a written examination. They also need to have liability insurance.

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