Sports Business Journal

Pages : 1 [2]

Gmanc711
03-02-2004, 09:31 AM
Isn't that typical, just find an agent and sign...remember he is a soldier!!

And hes f*cking pissed.

Daseal
03-02-2004, 07:55 PM
Wow, great run down of agents, Sports. I appreciate it, didn't know the agent had so much to do. What %age of the salary do they get? 5? 10?

sportscurmudgeon
03-02-2004, 10:20 PM
Daseal:

Obviously, the fees paid to agents vary based on the amount of services that the agent provides. (BTW one service I forgot to list up above is that many agents also do the taxes - Federal State and local - for players). The bare minimum is 4%. Many agents get 6-7%. I've never heard a number over 7.5% but I don't pretend to know the details of every agent/player deal in the league.

There was a rumor that one agent had a sliding scale rate with his clients and if he got them more than a specified number in a contract negotiation, then his percentage of the deal was higher. If that was true, that practice stopped because the NFLPA won't certify an agent who does that.

While it might sound like a good deal for the player - and it might me - it also encourages the agent to hold the player out and that might be very harmful to the player and his career. I don't know for a fact that this agent did this, but it was a very prevalent rumor about 10-12 years ago.

sportscurmudgeon
03-03-2004, 11:15 AM
Here is the next chapter in this story.

The NFLPA is mightily upset about this business of charging poetntial agents to come and make their pitch to Winslow Jr. And don't think that agents who have been asked to pay that fee aren't the ones who complained to the NFLPA in the first place.

Now Winslow Sr. says that all he was trying to do was to cover his expenses because he wants to fly some people to Miami to listen to the agents' pitches and then these folks will assist him and winslow Jr. in selecting the right agent.

I don't know about you, but I can fly to Miami from where I live for about $500. so if he wnats me to come and advise him, his expenses would be less than a grand. So if he's charging half a dozen agents $2500 apiece, the question now is: How many people are going to be there to "advise" them?

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