Month: October 2009

What is a Sports Agent?

Posted by – October 4, 2009


Jerry Maguire made it to the top of our list of best sports movies ever and for good reason. It is also the movie that puts sports agents in the limelight, but do you know exactly what a sports agent does? Maybe you do, and you actually want to be one. Just to make things absolutely clear, let us take a look at what sports agents do for a living.

A sports agent basically acts in behalf of an athlete. He or she is responsible for acquiring and negotiating contracts for the athlete, so the sports agent deals with team managers and the like. He or she is also responsible for dealing with other business matters of the player, such as sponsorships, endorsements, and the like.

How much does a sports agent earn? It really depends on the agreement between the agent and the athlete, but the general rate goes anywhere from 4 to 10 per cent of the value of the contract or endorsement. For huge names, one can easily see how lucrative being a sports agent can be. In the next post, let’s take a look at how you can get started at being a sports agent.