What must a Players Agent do immediately after executing a contract?

A Players Agent is required to send a copy of the executed contract to the league immediately after the contract has been signed. This is a critical step in the process as it ensures that the league is aware of the contractual arrangements involving its players. This action helps to maintain transparency and compliance with league regulations, which may include salary cap considerations, player eligibility, and other administrative aspects pertinent to the operation of the league and its teams.

In contrast, while notifying the player, posting on social media, or filing with the IRS may also be important in certain contexts, they do not hold the same immediate significance mandated by league rules as sending the contract to the league office. The league needs to keep accurate records and ensure that all teams are operating within the guidelines set out for player contracts, making this requirement essential for maintaining the integrity and regulation of the sport.