What should be done with a license if an Agent decides to stop representing players?

When an agent decides to stop representing players, the appropriate action is to return the license to FIBA. This procedure is essential as it ensures that the status of the license is updated and that FIBA keeps accurate records regarding licensed agents. By returning the license, the agent relinquishes their right to represent players and allows for the reinstatement of the license to FIBA, keeping their regulatory framework intact.

Storing the license indefinitely may lead to confusion or misrepresentation in the future, while destroying it would eliminate the formal recognition of the agent's prior status. Gifting it to another agent is not permissible as licenses are typically non-transferable and assigned to individuals based on their qualifications and responsibilities. Keeping the regulatory system organized and up-to-date is crucial for effective governance of the sport.