Any individual who recruits or solicits an athlete to enter into an agent contract, financial services contract, or professional sports services contract, or who procures employment for an athlete. Required when: Before an athlete agent may contact an athlete or enter into an agent contract. Exemptions: Spouse, parent…
Overview
What it is.
Any individual who recruits or solicits an athlete to enter into an agent contract, financial services contract, or professional sports services contract, or who procures employment for an athlete. Required when: Before an athlete agent may contact an athlete or enter into an agent contract. Exemptions: Spouse, parent…
Who usually needs it
Any individual who recruits or solicits an athlete to enter into an agent contract, financial services contract, or professional sports services contract, or who procures employment for an athlete.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateTXBond amount$50,000Term lengthContinuousObligeeTexas Secretary of StateRenewalRegistration must be renewed annually with the Secretary of State. The bond must be maintained for at least two years after the agent ceases to provide services or the registration expires, is revoked, or is surrendered.Bond classLicense BondCategoryProfessional ServicesBondAthlete Agent Surety BondStatutory referenceTexas Occupations Code § 2051.151JurisdictionState
