MLBPA Agent Exam Study Guide with 100% correct answers

MLBPA Agent Exam Study Guide with 100% correct answers Agent Regulations - Equipment - ANSWERS - $3,000 worth of equipment per year for each player. - Applies to all players regardless of roster status. - Within 48 hours of an agent change, must report to MLBPA total amount of equipment purchased. - Annual disclosure must be submitted to MLBPA no later than 3/1. Agent Regulations - Fee Statements - ANSWERS Must be submitted no later than 3/1. Agent Regulations - Loans - ANSWERS - Loans prohibited w/o prior written approval by MLBPA. - Applies to ALL players. - Only allowed for current clients. - Cant contain provisions player continue as a client or penalty if terminates rights. - Agent must report to MLBPA the terms of any third party loan. Agent Regulations - Meal Disclosures - ANSWERS - Agents may pay for actual costs of reasonable meals for non-clients on 2 occasions. - Meals with non-clients must be disclosed. - Applies to all players regardless of roster status. Agent Regulations - NON-Client Communications Disclosures - ANSWERS - Report all non-client communications regardless of whether the Agent or the player initiates the call/text/or Mtg......... (with the exception of quick "hello"). - Applies only to 40 man roster players. Agent Regulations - Player/Agent Designations - ANSWERS - Every year must obtain signed PAD form signed by clients. - Only 40 man roster players.... Must submit renewed designation on becoming 40 man. - If foreign player..... PAD in that language. - Send copy to Lisa @ within 10 days. Agent Regulations - Prohibition on Guaranteeing Marketing to Non-Clients - ANSWERS An Agent may not guarantee or promise any player will secure endorsements, marketing, personal appearance to sign with him. Agent Regulations - SRA - ANSWERS - 1 year max (must renew every year). - Must mail copy to MLBPA w/in 10 days of signing. - Player may at any time. - May not provide for damages or specific remedy for termination. - Must submit renewed SRA on becoming 40 man. Allowance / Expenses Reimbursements (In-Season Meal and Tip Allowance) - ANSWERS - Per diem allowance paid on road ($117.50) Allowance / Expenses Reimbursements (In-season Supplement Allowance 7&7) - ANSWERS - Hotel and per diem for first 7 days at home after assignment. - Owed for every assignment to Major League Club. - Unless sent to minors within 7 days. Allowances (Spring Training) - ANSWERS Weekly allowance of: $369.50. Base Supplemental allowance of: $65.50. Allowance / Expenses Reimbursements (Moving Expenses) - ANSWERS MLB new club pays: (1) up front if club to club (2) expense reimbursement -actual and reasonable. Allowance / Expenses Reimbursements (Rent Reimbursements) - ANSWERS - Reimbursement for rent due on apartment being vacated - "actual and reasonable". - Must offer club opportunity to use or sublease. Allowance / Expenses Reimbursements (Disabled Players) - ANSWERS - In season..... clubs direct location of rehab (home city, on road w/ club, ST facility). - In season...... consent required after 20 days for rehab @ St facility. Allowance / Expenses Reimbursements (Allowances while on Rehab Assignment) - ANSWERS - 1st class Airfare. - 1st class hotel. - MLB per diem. **** Rules of Thumb..... players on optional assignment governed by past practices. Arbitration (Eligible) - ANSWERS Eligible 1. Players with 3 or more years of MLS but less than 6 years of MLS. Or 2. "Super Two" A. at least 2 years of MLS but less than 3 years of MLS; and B. accumulated at least 86 days of MLS in immediate preceding season; and C. Ranks in top 22% in total MLS among players who met requirements #1 and #2. Arbitration (Process) - ANSWERS Timeline and Process 1) Club must tender UPC to each player it desires to retain on its reserve list (40 man) by December 12. A. The club's offer to a player may not be less than 80% of the player's salary and bonuses the previous year or less than 70% of his salary and bonuses from 2 years earlier. (exception if won arb. Award previous season which increased his salary 50% or more). B. if not tendered a K then immediately a FA. Arbitration (Filing and Exchange Date) - ANSWERS A. Mid January... eligible players may file for salary arbitration... club submits theirs three days later. B. Article VI(E)(2). C. Player and Club exchange their salary figures on exchange date. Arbitration (Hearing and Decision) - ANSWERS a. Article VI(E)(13) b. Hearings scheduled 2/1 - 2/20 c. Each party has 1 hour to argue case and 30 minutes for rebuttal. The player is required to attend and generally represented by agent. Club executive or attorney represents the club. d. Criteria the panel may consider: i. Player's contribution to the club in terms of performance and leadership; ii. The club's record and attendance; iii. "special accomplishments"; iv. salaries of comparable players in his MLS time class; v. the class ahead of them (if less than 5 years MLS). Arbitration (Criteria) - ANSWERS MAY NOT consider: i. Team finances; ii. Previous offers made in negotiations; iii. The Competitive Balance Tax iv. Comments from the Press; v. Salaries in other sports or occupations Arbitration (Panel Selects) - ANSWERS Panel selects either of 2 figures w/o opinion and awards a 1 year, non-guaranteed contract at one salary or the other i. If player is cut before the 16th day before the season begins, he is entitled to 30 days termination pay. ii. If player is cut during spring training but after the 16th day before season begins, he is entitled only to 45 days termination pay. Assignment (Optional) - ANSWERS - sent to minors but remain on 40 man - allows a team to freely move a player up and down between major and minor league levels - if player optionally assigned for less than 20 days total in one season. - Player will be credited with MLS during period of assignment: EX: - if 19 days = full year of service - If 21 days = 21 days of service 10-day rule: When player "optioned", he cannot be recalled for 10 days. Assignment (Limits) - ANSWERS - Players can't be optionally assigned for more than 3 seasons. Important #'s - 3 - total option seasons (after 3, player must clear waivers before he can be sent to minors again). - 172 - service days in a single season. - 20 : days a player must spend on optional assignment to "burn" an option season.