Illinois Passes Athlete-Agent Regulatory Legislation

By Robert L. Clayton and Michael B. Ackerstein   Illinois became the 42nd state to adopt athlete-agent regulations after Governor Pat Quinn signed the Illinois Athlete Agents Act into law on July 14th.   The Illinois Athlete Agents Act regulates the registration and conduct of athlete-agents. Once the law goes into effect on January 1, 2011, athlete agents in Illinois will have to register with the Department of Financial and Professional Regulation. The Department will both license a