“Athlete agent”:

1. Means an individual, whether or not registered under this chapter, who:

(a) Directly or indirectly recruits or solicits a student athlete to enter into an agency contract or, for compensation, procures employment or offers, promises, attempts or negotiates to obtain employment for a student athlete as a professional athlete or member of a professional sports team or organization;

(b) For compensation or in anticipation of compensation related to a student athlete’s participation in athletics:

(1) Serves the athlete in an advisory capacity on a matter related to finances, business pursuits or career management decisions, unless the individual is an employee of an educational institution acting exclusively as an employee of the institution for the benefit of the institution; or

(2) Manages the business affairs of the athlete by providing assistance with bills, payments, contracts or taxes; or

(c) In anticipation of representing a student athlete for a purpose related to the athlete’s participation in athletics:

(1) Gives consideration to the student athlete or another person;

(2) Serves the athlete in an advisory capacity on a matter related to finances, business pursuits or career management decisions; or

(3) Manages the business affairs of the athlete by providing assistance with bills, payments, contracts or taxes; but

2. Does not include an individual who:

(a) Acts solely on behalf of a professional sports team or organization; or

(b) Is a licensed, registered or certified professional and offers or provides services to a student athlete customarily provided by members of the profession, unless the individual:

(1) Also recruits or solicits the athlete to enter into an agency contract;

(2) Also, for compensation, procures employment or offers, promises, attempts or negotiates to obtain employment for the athlete as a professional athlete or member of a professional sports team or organization; or

(3) Receives consideration for providing the services calculated using a different method than for an individual who is not a student athlete.

(Added to NRS by 2017, 1710)