HILLSBOROUGH -- Terry Watson, a Georgia-based agent, has made his first court appearance in Hillsborough to face charges he violated the state's sports agent laws by providing gifts to three former UNC football players and obstruction of justice. The law requires agents to register with the North Carolina Secretary of State's office and prohibits offering gifts to entice athletes to sign representation contracts.

According to Hayes Permar of accsports.com, "These laws are put in place, in theory, to scare off agents...if you offer money to these kids, you will get in trouble. However, we have never seen anybody prosecuted and we have certainly never seen anyone punished." Watson - who faces 13 counts of providing cash and travel accommodations to Marvin Austin, Greg Little, and Robert Quinn - was arrested this morning and released on $50,000 bond.