World Basketball Association FIBA starts to enforce the compliance with the new ‘FIBA Players’ Agent’ regulations as of 1st Feburary, 2025.
https://basketnews.com/news-218100-fiba-rule-update-players-must-pay-agents-directly.html
FIBA rule update: Players must pay agents directly
According to a new FIBA rule, effective from December 5, 2024, clubs are now exempt from paying agent fee.
FIBA has sent a letter to licensed agents to inform them of an important regulatory change affecting them.
As of December 5, 2024, the possibility for clubs to pay players’ agents directly or indirectly is removed, including through agreements allowing third parties to make payments on behalf of clients.
Following a ‘grace period’, from February 1, 2025, players must now handle agent payments directly through contracts, ensuring no clauses allow clubs to pay agents on their behalf.
This new rule ensures transparency and strengthens the player-agent relationship by eliminating potential conflicts of interest. (FIBA Information)