Friday, October 25, 2013

Bondarowicz Participates in ULC Committee to Revise UAAA Legislation

Aregatta Principal Andrew Bondarowicz, Esq., as Executive Director for the National Association of Sports Agents & Athlete Representatives (NASAAR), participated in the Uniform Laws Commission's (ULC) Drafting Committee in Chicago on October 25-26, 2013.

The ULC Study Commission is examining and eventually recommending changes to the Uniform Athlete Agent Act (UAAA), which is the basis for agent regulation in over 40 states nationally. The ULC is seeking to publish its draft legislation next year in hopes of gaining adoption in the ensuing years.

"The UAAA, while noble in its intentions, has been poorly applied and largely ineffective in regulating the industry. There is a great deal of interest from the agent community in either rationalizing it or scrapping it altogether. There is at least consensus that something has to change," says Bondarowicz. "This is a keystone issue for agents around the country."

The ULC will be reconvening in April for the next round of drafting sessions in Seattle, Washington.

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