Comments on: Does Money Grow On The Sports Agent Tree? http://www.sportsagentblog.com/2007/08/07/does-money-grow-on-the-sports-agent-tree/ Sports Business, Sports Law, Sports Negotiations, NCAA Rules Thu, 01 Dec 2011 15:23:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: pauls http://www.sportsagentblog.com/2007/08/07/does-money-grow-on-the-sports-agent-tree/#comment-42390 pauls Tue, 07 Aug 2007 21:32:30 +0000 http://www.dhpromo.com/blog/?p=606#comment-42390 Another thing to think about when it comes to the average salary is alot of those agents who are certified agents don't actually represent people. For example in a study performed in 2001 there were 1,112 agents in the NFL but of those only 30% actually had clients. In the NBA there were 350 but it was estimated that fewer than 100 had clients. So these facts can also heavily sway the average income for agents because you have some guys making 0. Another great book to read is The Business of Sports Agents. Another thing to think about when it comes to the average salary is alot of those agents who are certified agents don’t actually represent people. For example in a study performed in 2001 there were 1,112 agents in the NFL but of those only 30% actually had clients. In the NBA there were 350 but it was estimated that fewer than 100 had clients. So these facts can also heavily sway the average income for agents because you have some guys making 0. Another great book to read is The Business of Sports Agents.

]]> By: Drew http://www.sportsagentblog.com/2007/08/07/does-money-grow-on-the-sports-agent-tree/#comment-42383 Drew Tue, 07 Aug 2007 20:02:46 +0000 http://www.dhpromo.com/blog/?p=606#comment-42383 Yep that's what I have noticed from the books I've been reading (thanks for the great recommendations on the links page). I guess going off of my last question I've been reading License to Deal and they mention a couple of different times about the agent supplying equipment and items of that nature for his clients. Does that mean that money is coming out of the agents pocket for those types of expenses or do they mean securing equipment through small endorsement opportunities while the player is in the Minors? I know for football the agent usually pays for the costs associated with getting the players ready for the combine I just found it interesting that baseball players are still in need of equipment once they are in the minors. I guess I figured that would be provided for them. Thanks for the insight! Yep that’s what I have noticed from the books I’ve been reading (thanks for the great recommendations on the links page). I guess going off of my last question I’ve been reading License to Deal and they mention a couple of different times about the agent supplying equipment and items of that nature for his clients. Does that mean that money is coming out of the agents pocket for those types of expenses or do they mean securing equipment through small endorsement opportunities while the player is in the Minors? I know for football the agent usually pays for the costs associated with getting the players ready for the combine I just found it interesting that baseball players are still in need of equipment once they are in the minors. I guess I figured that would be provided for them. Thanks for the insight!

]]> By: Darren http://www.sportsagentblog.com/2007/08/07/does-money-grow-on-the-sports-agent-tree/#comment-42376 Darren Tue, 07 Aug 2007 18:57:33 +0000 http://www.dhpromo.com/blog/?p=606#comment-42376 Tough question. Definitely depends on the sport and the type of players under representation. Also, recruiting expenses are rather large. It is a known fact that many agents are in the red for many years before they end up in the black actually turning some profits. Tough question. Definitely depends on the sport and the type of players under representation. Also, recruiting expenses are rather large. It is a known fact that many agents are in the red for many years before they end up in the black actually turning some profits.

]]> By: Drew http://www.sportsagentblog.com/2007/08/07/does-money-grow-on-the-sports-agent-tree/#comment-42362 Drew Tue, 07 Aug 2007 16:56:36 +0000 http://www.dhpromo.com/blog/?p=606#comment-42362 Darren, what percentage of total wages would you say an average sports agent has in expenses? Darren, what percentage of total wages would you say an average sports agent has in expenses?

]]> By: Joe I. http://www.sportsagentblog.com/2007/08/07/does-money-grow-on-the-sports-agent-tree/#comment-42355 Joe I. Tue, 07 Aug 2007 16:21:29 +0000 http://www.dhpromo.com/blog/?p=606#comment-42355 "Also, think about the few at the top who are skewing the numbers to make it seem like the average salary is truly 6 figures." The median would be a better stat. “Also, think about the few at the top who are skewing the numbers to make it seem like the average salary is truly 6 figures.”

The median would be a better stat.

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