Sports agent

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A sports agent is a legal representative for professional athletes and coaches who negotiates employment and endorsement contracts on their behalf. Sports agents may also assist with financial planning, legal coordination, and marketing matters, often working alongside lawyers, accountants, and brand managers. [1]

Contents

Description

Sports agents act as intermediaries between athletes and sports organizations, handling contract negotiations, sponsorships, and related business affairs. [2] Larger firms such as Creative Artists Agency, Roc Nation Sports, and Octagon may also manage brand partnerships, licensing deals, and media relations for clients.

Because professional sports contracts can be complex, many agents have strong backgrounds in law, business, or finance. They are expected to understand salary-cap systems, league regulations, and the economics of sports labor markets. [3] Agents typically represent multiple clients at once and may begin advising athletes while they are still amateurs or college players, in compliance with relevant league or state rules. [4]

Regulation

In the United States, the conduct of sports agents is governed through both state law and league certification systems. Most states have enacted the Uniform Athlete Agents Act (UAAA), which requires registration, disclosure of fees, and written contracts between agents and athletes. [5] Professional players’ associations such as the National Football League Players Association and National Basketball Players Association require certification before an agent can negotiate player contracts. [6]

Media depictions

Films such as Jerry Maguire , Two for the Money , and Any Given Sunday depicted sports agents. In England, ITV's Footballers' Wives included a female agent Hazel Bailey. The television show Ballers , which started in 2015, also shows a strong depiction of sports agents.

Notable sports agents

American football

Football agent Drew Rosenhaus Drew Rosenhaus.jpg
Football agent Drew Rosenhaus
Football agent Leigh Steinberg Leigh Steinberg speaking at Berkeley.png
Football agent Leigh Steinberg

Australian football

Baseball

Scott Boras WER 4002 Scott Boras.jpg
Scott Boras

Basketball

David Falk David Falk March 2013.jpg
David Falk

Cricket

European basketball

Association football

Golf

Ice hockey

Motorsport

Olympics

Notable former sports agents

Joe Kehoskie Joe Kehoskie (September 2018).jpg
Joe Kehoskie

Sports agency groups

There have been some efforts to transform the sports agency business from an individual, entrepreneurial business, to more of a corporate structure. These experiments met with varying degrees of longevity and success.

Formerly active agencies

Some sports agency firms were once prominent, but are now gone or reorganized:

See also

References

  1. Masteralexis, L. P., Barr, C. A., & Hums, M. A. (2021). Principles and Practice of Sport Management (7th ed.). Jones & Bartlett Learning. ISBN 9781284254303.
  2. Shropshire, K. L., & Davis, T. (2008). The Business of Sports Agents. University of Pennsylvania Press. ISBN 9780812240849.
  3. Shropshire, K. L., & Davis, T. (2008). The Business of Sports Agents. University of Pennsylvania Press. ISBN 9780812240849.
  4. Ruxin, R. H. (2009). An Athlete’s Guide to Agents (5th ed.). Jones & Bartlett Learning. ISBN 9780763776114.
  5. Uniform Athlete Agents Act (2000, rev. 2015). Uniform Law Commission.
  6. NFLPA Certified Contract Advisors. National Football League Players Association.
  7. Hanzus, Dan (March 4, 2013). "Joe Flacco's Ravens contract includes $52M guaranteed". Around the League. NFL.com . Retrieved March 4, 2013.
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  10. Butler, Steve (March 3, 2008); Show me the money, Ricky Nixon; Realfooty.com.au; Retrieved on March 14, 2009
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  12. Nicholson, Ben (December 23, 2010). "Nationals Sign Sean Burnett To Two-Year Extension". MLBTradeRumors.com. Retrieved October 6, 2011.
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  24. Bremer still leading the way in Europe Olean Times Herald
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  34. Michael Barnett Archived October 10, 2007, at the Wayback Machine
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  45. "Serie A international rights snapped up by Infront for '€139m a year'". SportsPro Media. April 6, 2021. Retrieved April 26, 2021.
  46. Harig, Bob (July 17, 2011). "Darren Clarke returns in major triumph". ESPN . Retrieved July 18, 2011.
  47. "Prodigy Agency won Esports Supporting Service of the Year!". Forbes . December 1, 2023. Retrieved December 1, 2023.
  48. "Jay-Z Launches Roc Nation Sports Teams With CAA to Co-Represent Robinson Cano". Variety . April 2, 2013. Retrieved April 2, 2013.
  49. "Our Mission and Values". smwwagency.com. Retrieved December 7, 2020.
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  52. The business of sports | Dhaka Tribune
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  55. "Crash Landing"- ESPN, by Peter Keating, article about Leigh Steinberg

Further reading