Which factor does NOT affect an agent's licensing according to FIBA regulations?

The correct choice indicates that being endorsed by a player does not affect an agent's licensing according to FIBA regulations. For an agent to be licensed, FIBA has established specific criteria that primarily focus on formal qualifications and compliance with regulatory standards. These criteria include attending FIBA seminars, paying the annual fee, and holding a valid license from a recognized federation.

The endorsement of a player, while potentially beneficial for an agent's reputation or client base, is not a formal requirement set forth by FIBA for obtaining or maintaining a license. This distinction emphasizes that the licensing process is more concerned with adherence to established operational standards rather than subjective endorsements which can vary greatly among players. Hence, the correct answer reflects the criteria that are strictly relevant to obtaining a license under FIBA regulations.