A sports agent is a person who procures and negotiates employment and endorsement deals for a player. In return, the agent receives a commission that is usually between four and ten percent of the contract, although this figure varies.
In addition to finding incoming sources, agents often handle public relations matters for their clients. In some large sports agencies, such as IMG and Octagon, agents deal with all aspects of a client's finances, ...
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A sports agent is a person who procures and negotiates employment and endorsement deals for a player. In return, the agent receives a commission that is usually between four and ten percent of the contract, although this figure varies.
In addition to finding incoming sources, agents often handle public relations matters for their clients. In some large sports agencies, such as IMG and Octagon, agents deal with all aspects of a client's finances, from investment to filing taxes.
Sports agents may be relied upon by their clients for guidance in all business aspects of life, and sometimes even more broadly. For example, hockey agents start recruiting clients as young as 15, allowing the agent to guide the athlete's career before the NHL draft, which happens usually at 18 years of age. Many sports agents have a major in law background, mainly to help understand the large and complicated legal matter in contracts.
Some agents are part of large companies and some are on their own. The...
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