Being A Sports Agent Essay

The business of sports is one of the fastest growing industries in the country. All over the world, many people participate as players and spectators in a variety of sporting activities, creating opportunities for the marketing of a company’s goods and services. An important part of the business of sports is sports marketing, which revolves around understanding consumer behavior and motivating target markets to purchase goods and services. Sports marketing at Clemson University has many different aspects ranging from sports and technology and sport law to sponsorship and sports economics.

When people typically view professional athletes they see the lavish lifestyle, they see the big contracts, and figure that they must be set up financially for the rest of their life. This is not the case though as becoming a professional athlete is similar to hitting the lottery just genetically. Being an athlete creates a large amount of income early in life, but that income decreases to zero once retirement comes around. The documentary Broke is a compilation of interviews and incidents that occurred which showcase the poor money management done by professional athletes. Whether the athlete played basketball, baseball, football, or was a boxer it did not matter there were multiple instances where an athlete that made millions in

“College Athletes for Hire, The Evolution and Legacy of the NCAA’s Amateur Myth” written by Allen L. Sack and Ellen J. Staurowsky. In their book, the authors enlighten the reader on such issues as athletic scholarships, professionalism in college sports, and favoritism for athletes as well as many more important legal, and ethical issues that we as a country need to address. In this paper I will not do a standard book report by simply regurgitating the information I read in their book.

By far the most important part of the sports industry is the duties of a sports agent. The agent is acting primarily for the benefit of another and must never think of themselves in this agreement. These agents

In his own words from an excerpt out of his book Tanked!: behind the scenes with the NFLs biggest stars by the games most infamous super agent:, Black mentions, “One fact that will always be true, almost all agents give and loan players things of value because that is the nature of the business. Any top agent who claims to never have given a player or loaned a player something is simply not being honest.” Black pointed out how he co-signed for car loans and advanced cash prior to athletes signing contracts with his agency. Black’s most notorious violation was using his clients money for investment in a ponzi scheme which is a breach of fiduciary duties. There are several things to consider that make the case for stricter punishments for unethical agent behavior. Under the Federal Trade Commission Act, a sports agent may receive punishment of as much as $11,000 for violation of an unfair or

Every great and not so great athlete have gotten to the peak of their career not just from their skill but from the help of their agents too. For example Julio Jones, the 6’3 220 pound wide receiver for the Atlanta Falcons, who has had a total of 7,610 receiving yards and a total of 497 catches since 2011. He went to Foley high school in Foley Alabama. He then attended Alabama state university. He was 6th overall in the draft to the Atlanta Falcons in 2011. But like I said he wouldn’t have been able to do everything he has done without is agent Jimmy Sexton. Jimmy Sexton is a football agent with 54 clients. He has 842.7 million dollars’ worth of contracts, he does make all the money but he get a piece of all those contracts which is still a

Athletes and the sports industry have turned into a multi-billion dollar business annually. Stacked on top of that is that leagues and educational institutions receive multi-million dollar media contracts each year. This is so that broadcasters such as NBC, FOX, and TNT have the rights to broadcast that team or leagues games. The surge of money in the sports industry has led to an influx of agents into the world of agent athletes.

Sports Agents have not been around for a long time. “Until the 1970’s, very few players had agents because teams would not deal with agents (Masteralexis, 244).”

Sport agents negotiate contracts for athletes. However, their responsibilities don’t stop at a business representative but also include a mentor, advisor, lawyer, and mostly a friend. Professional athletes tend to get mixed into legal problems at some point in their career and the agents are there to take control of the problem. Although, a sport agent may not be a lawyer, so they have their own people that may come in and provide that certain service. Along with a professional athlete comes media attention, an agent would be a second voice for his/her client.

When we are young our parents expose us to a variety of sports in hopes that one sport will be the right fit. During my parents’ generation, it was normal to play three different sports. It gave young adults the opportunity to develop new skills and to cross train their body to help prevent injuries from repeated overuse. Although within new generations, the “new” thing is to specialize in one sport in hopes to gain a scholarship or become the best on the team. There has been an increased emphasis on specializing in a single sport which could lead to an increase risk of an injury, overtraining, and becoming burnout of the sport.

The price that we pay is the value that we associate to any product, whether it is a good or service. It is the compensation given to a person or authority to purchase an object or service. The greater the value associated to the product, the greater the price.

I don’t know really where to begin with any of this. Education is a big part in getting a great job that is if you want a job. I want to be able to understand and have the best knowledge of whatever field I choose to go in. I understand that in my first two years I won’t really learn anything about what I am interested in. All I will get is my basic classes out of the way. You have to start somewhere. This is a make or break it kind of game you play once you become one of the well known agents. Players can ruin your career in heartbeat and I am hoping with the right knowledge and help from professors that I won’t be one of those people. I would like to be a sport agent or a sport lawyer. Either way you have to know what is going on in the

Professional athletes face a lack of education on the core components of wealth management, how to identify and meet their wealth management needs and goals, and how to select a trustworthy and qualified advisor

This job search is going to take some time. I plan to start searching and applying to jobs this winter break. I plan to spend about two to three hours every day during the months of December, January, and February, searching for job openings and then organizing and perfecting my resume to apply to those jobs. Therefore, I will have had ample time to search for jobs to begin interviewing with prospective employers and getting a wide array of options to have upon graduation. It is also smart to begin interviewing early, even for organizations that I am not particularly interested in, to gain practice and be prepared for interviews for other organizations.

People are loss averse which is when they avoid losing which can directly be related to this case. The sports agent’s job is to get their clients the best deal possible and it can be a sad reality check when a player finds out that the person that they thought had their back is stealing from them. This means that the players are losing money that they have earned. At the same time, they are losing a sports agent that they thought that they could rely on. This can make it tough for the players when choosing their next sports agent because now they have this loss averse feeling like they cannot risk losing anything more.