A sports agent procures and negotiates employment and endorsement contracts for an athlete.
In return, the sports agent generally receives between 4 and 10% of the athlete's playing contract, and 10 to 20% of the athlete's endorsement contract, though these figures vary. An NFL agent is not allowed to receive more than 3% of his client's playing contract, and an NBA agent is not permitted to receive more than 4% of his client's playing contract.
Read more about Sports Agent: Role, Media Depictions, Notable Former Sports Agents, Sports Agency Groups
Famous quotes containing the words sports and/or agent:
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—Mason Cooley (b. 1927)
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—Bill Cosby (20th century)