NFLPA Regulations Governing Contract
Advisors and Agents Exam Questions
And Answers
Duty of Loyalty - correct answer ✅One must have a duty of loyalty and
duty of care. At all times, you must act in fiduciary capacity on behalf of
the athlete.
SRA - correct answer ✅When signing a new client, you must use the
SRA provided by the NFLPA. It is printed in quadruplicate. The gold and
pink copies are submitted to the NFLPA within five days of execution.
The other two copies are for myself and my client.
Termination - correct answer ✅Once you have a signed SRA with a
player it is important to understand that either party may terminate the
agreement. This must be done by giving written notice to the other
party.
Termination by Veteran - correct answer ✅Written notice by a veteran
player terminate the SRA five days after receipt of the notice.
Termination by Rookies - correct answer ✅Written notice by a rookie
player terminates the SRA thirty days after receipt of the notice if the
player signed the SRA at least 30 days prior to the draft.
If the SRA was signed less than 30 days before the draft, the 5-day rule
applies.
Advisors and Agents Exam Questions
And Answers
Duty of Loyalty - correct answer ✅One must have a duty of loyalty and
duty of care. At all times, you must act in fiduciary capacity on behalf of
the athlete.
SRA - correct answer ✅When signing a new client, you must use the
SRA provided by the NFLPA. It is printed in quadruplicate. The gold and
pink copies are submitted to the NFLPA within five days of execution.
The other two copies are for myself and my client.
Termination - correct answer ✅Once you have a signed SRA with a
player it is important to understand that either party may terminate the
agreement. This must be done by giving written notice to the other
party.
Termination by Veteran - correct answer ✅Written notice by a veteran
player terminate the SRA five days after receipt of the notice.
Termination by Rookies - correct answer ✅Written notice by a rookie
player terminates the SRA thirty days after receipt of the notice if the
player signed the SRA at least 30 days prior to the draft.
If the SRA was signed less than 30 days before the draft, the 5-day rule
applies.
