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:
“There be some sports are painful, and their labor
Delight in them sets off. Some kinds of baseness
Are nobly undergone, and most poor matters
Point to rich ends.”
—William Shakespeare (1564–1616)
“The average American is a good sport, plays by the rules. But this war is no game. And no secret agent is a hero or a good sport—that is, no living agent.”
—John Monks, Jr., U.S. screenwriter, Sy Bartlett, and Henry Hathaway. Robert Sharkey (James Cagney)