Session 2: NFLPA Regulations
Governing Contract Advisors and
Agents Exam Q&A 100% Solved
How will the NFLPA communicate to you once you become qualified? - ✔✔Via
the email on file. Note: they deem all emails sent to you as received and read
How much will a team be fined if they negotiate contract with an uncertified
individual? - ✔✔$47,000. This fine increases 5% each league year, beginning in
2021. So 2021 would be $49,350
What can an Agent NOT do? - ✔✔1. Offer anything of value to a player, of the
family of friends of a player
2. Directly or indirectly borrow money from a player
3. Share information regarding a player drug test
4. Act as a financial advisor to a player, unless registered with the NFLPA
5. Communicate with a player signed to a SRA (aside from 60 days prior to
expiration of a player's contract, and that player has not signed a new SRA)
What is an SRA? - ✔✔Standard Representation Agreement - regulates your
relationship with a player. It is provided by the NFLPA in a quadruplicate (2 for
NFLPA, 1 for you, 1 for client)
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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
, Who can terminate an SRA? - ✔✔The player or the agent
Upon written notice how long does it take for a veteran to terminate their SRA?
- ✔✔Five days
If a rookie signed their SRA at least 30 days prior to the Draft, how long does it
take the termination to occur? - ✔✔30 days after the receipt of notice
If a rookie sign their SRA less than 30 days before the draft, how long does it
take for it to be terminated? - ✔✔Five days
If an agent is terminated, what fees are they entitled to? - ✔✔The value of the
services performed up to the point of termination. This includes reasonable and
necessary travel expenses if agreed upon in advance.
What is the maximum allowable fee charged to a players Paragraph 5 salary? -
✔✔3%
Can you agree to a lower percentage fee? - ✔✔Yes
What is the maximum allowable fee to be charged on a franchise, transition or
RFA one year tender? - ✔✔2%
What is the maximum allowable fee to be charged on a 2nd franchise or
transition one year tender? - ✔✔1.5%
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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
Governing Contract Advisors and
Agents Exam Q&A 100% Solved
How will the NFLPA communicate to you once you become qualified? - ✔✔Via
the email on file. Note: they deem all emails sent to you as received and read
How much will a team be fined if they negotiate contract with an uncertified
individual? - ✔✔$47,000. This fine increases 5% each league year, beginning in
2021. So 2021 would be $49,350
What can an Agent NOT do? - ✔✔1. Offer anything of value to a player, of the
family of friends of a player
2. Directly or indirectly borrow money from a player
3. Share information regarding a player drug test
4. Act as a financial advisor to a player, unless registered with the NFLPA
5. Communicate with a player signed to a SRA (aside from 60 days prior to
expiration of a player's contract, and that player has not signed a new SRA)
What is an SRA? - ✔✔Standard Representation Agreement - regulates your
relationship with a player. It is provided by the NFLPA in a quadruplicate (2 for
NFLPA, 1 for you, 1 for client)
1|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
, Who can terminate an SRA? - ✔✔The player or the agent
Upon written notice how long does it take for a veteran to terminate their SRA?
- ✔✔Five days
If a rookie signed their SRA at least 30 days prior to the Draft, how long does it
take the termination to occur? - ✔✔30 days after the receipt of notice
If a rookie sign their SRA less than 30 days before the draft, how long does it
take for it to be terminated? - ✔✔Five days
If an agent is terminated, what fees are they entitled to? - ✔✔The value of the
services performed up to the point of termination. This includes reasonable and
necessary travel expenses if agreed upon in advance.
What is the maximum allowable fee charged to a players Paragraph 5 salary? -
✔✔3%
Can you agree to a lower percentage fee? - ✔✔Yes
What is the maximum allowable fee to be charged on a franchise, transition or
RFA one year tender? - ✔✔2%
What is the maximum allowable fee to be charged on a 2nd franchise or
transition one year tender? - ✔✔1.5%
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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
