Being A Sports Agent Essay

306 Words2 Pages

I enjoyed reading the chapter because I am interested in being a sports agent myself in the future, as I did my research for the position and talked to some people who were in the field, I found out that it is not the Jerry Maguire-like position people think it is. Post career planning is important when your agent because you are the players representative his guide if you will, for example when athletes go broke you have to also but blame on the agent, why didn 't he help this guy put money in anything else. Scott Pippen signed a 5 year 80 million deal with rockets in 1998 after playing with the Bulls, it 's the agent 's job to say hey Scotty lets take 2 million and buy some homes to rent around the city instead of Pippen being broke and trying to make an NBA comeback in the late 2000s. …show more content…

Financial advising is the challenge because a lot of these agents don 't have experience in financing, that why it 's important to work with an agency behind you that has experience. Sports agents have a lot of competition because most of the money made in the field is based on a commission. Being a sports agent is extremely hard due to the fact that most of this big star in their respective fields are represented by two big firms with the two biggest guys in the field Scott Boras and Drew Rosenhaus. let 's say I become a sports agent for a kid coming up in the Astros farm system if he becomes the next greater first bases man there is a high chance he leaves after his rookie deal signs with a high-end agent like Boras. then the process starts all over again those guys and their agencies, make the big money of the big