I don't find that an agent representing more than one athlete on the same team to be unethical. From the agent’s perspective, it is important for him to build his clientele thus building his reputation amongst athletes. When an athlete hires an agent, they trust that person to handle almost all aspects of their career, which includes negotiating endorsement deals, career advice, contract negotiations, and concierge services. Also, if a few players share the same agent on the same team, it could potentially build chemistry between the athletes as far as communicating in the locker room. It is unethical for an agent to represent a coach and a player on the same team as it could potentially lead to conflicting interests. Coaches deal with just …show more content…
I have seen a few examples of two players that share the same agent on the same team when both are negotiating new contracts. This creates leverage for that sports agent against the team. Surely, that team will want to keep their star player but that price becomes steep when the same agent ups the asking price for the less known player who also needs a new deal. An example I’ll give involved LeBron James and Tristan Thompson. They both share the same agent, Rich Paul. Another caveat is that Rich Paul is a long time friend of LeBron James. Obviously, LeBron is one of the best players of this generation. However, Tristan Thompson while is a good player, is nowhere near being one of the top players in the league. In his career, he has averaged 9.7 PPG and 8.5 RPG. Thompson was involved in a long contract stalemate with the Cavs because he wanted a max contract. After months of negotiations, Thompson received a 5 year $82 million dollar deal from Cleveland. NBA executives around the league were surprised to see the deal that Thompson got. Rich Paul benefitted greatly from this as his two clients were getting paid max contract money from Cleveland. From the Cavs perspective, they overpaid for a middle of the road player to keep their star player
The second ethical issue is that the NCAA has not given a full medical coverage for student athletes. If the athlete get insured won’t getting any help. The student athletes and their family worry about serious medical bills to pay for long term. According to Journal of Ethics of the “Nudge” there are three ethical relevant dimensions that need to be consider when using norms, comparisons, and messenger effects to influence health –related decisions or behaviors. The first one is the danger of using norms is that we end up nudging people towards things that are bad for them since often herd mentally and behavior are not particularly wise. For example, most Americans are over weighted and they are under exercise. Also, most athletes could easily
When it comes to monopolies you need to have a great amount of power. The NFL uses its power in many ways one-way is how they treat the players. In the draft system, a player has to
Student athletes at division I schools, where an immense amount of revenue is generated at games and events, are not being paid for their work. This is immoral because the NCAA uses the athlete’s likeness and then the athletes get no direct (monetary) compensation. We should approach evaluating the morality of student athletes using the normative theory of Utilitarianism that supports the claim that student athletes are exploited in their work and on the other hand, Kant Ethics that claims the results of the athletes do not matter, because consequences do not matter.
The collective bargaining agreements reached in professional sports are not industrywide. Rather, there is a separate one for baseball, football, etc. This makes bargaining in sports unique from other unions. Also, the clubs bargain as a group with unions over certain aspects of wages, hours and working conditions. However, the most important issue, individual salary, is negotiated between the club and player.
With already making little money there agents take a high percentage of the money earned while playing. Some players didn’t earn enough time when in the NFL and they either didn’t make enough money with the low years they played.
While the NCAA may be making most of its money off of college football it would be unruly to not pay other sports such as soccer, lacrosse, and basketball for both men and women. A plan proposed for the payment of college players known as the “Free Market Plan” is the idea to let the market decide how much the players make (Dohrmann). Rather than allow schools to give stipends under the watchful eye of the NCAA, advocates believe athletes should be free to make as much money as they can on their own and accepting whatever lucrative inducements an agent might offer in the hopes of landing him as a future client . A problem with this plan is the NCAA’s approval due to the fact that the more affluent schools would be able to purchase the players that they want. This would leave schools with less money to essentially have worse teams which goes against NCAA’s policy of “one school should not, because of affluent boosters or rule-breaking coaches, have an unfair advantage over another” (Dohrmann). The only way to let the free market decide while maintaining some semblance of a level playing field is to have a clearinghouse for endorsement deals and payments from agents. It would also make sure that no deals are made just to give a program a competitive advantage and that none of a player's compensation is being facilitated by
This is an amazing argument against mine. Although this is true, there is a way around this. Not every single athlete needs to be paid the same. Do you see pro teams paying all of their athletes the same? Didn’t think so.
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
For example: Matthew Stafford is paid over 200 million and he's not even that good of a quarterback in the NFL . There are also a lot of other players in football and basketball. There should not be a 100 million dollar contracts on average. There should be 10 to 30 million dollar contracts on average. There is also people like Tom Brady he should have a lesser contract but he still is a very good quarterback in the NFL , he was even pretty good as a second string quarterback at the university of Michigan.
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
The introduction of Sports Agent Responsibility and Trust Act (“SPARTA”) and the Revised Uniform Athlete Agent Act (“RUAAA”) has provided enough regulation to thwart would be bad actors and has helped to regulate the conduct of sports agents as a whole. In addition, many player associations already do their own form of regulation in regards to sports agents. A majority of the agents must not only register with the player associations and abide by the rules set in place by the player associations and their respective league affiliates, but they must also meet a number of requirements before being able to represent a player. For instance, many leagues such as the NBA and the NFL require agents to pass a rigorous exam about player representation and league rules, obtain a four year college degree, pay a hefty registration fee, and continue to stay up to date with agent licensing requirements. In fact, many agents are certified public accountants, certified financial planners or members of other licensed professions and have other strict standards they must already adhere to. Requiring all agents to be attorneys is unnecessary because of the more than adequate regulation requirements that are already in
Areas that are ripe for collusion in order to increase the profit of the league would be salary cap limit and performance enhancement drugs. We need a set salary cap in this league to maintain a competitive level for each team. As a league we do not want to see team that plays
Salaries, wages, and compensations have always been major and generally controversial topics in democratic America. And, with the rising popularity of college athletics, particularly football, compensation (or lack thereof) for college athletes has recently been a hot topic in American sports. While some of the debate stems from the similarity between responsibilities college athletes have to their programs and those of professionals, most of the issue involves the principles of amateurism. Recent “scandals” involving college athletes such as Terrelle Pryor, Johnny Manziel, and Todd Gurley have raised questions about the ethics of amateurism, particularly with regard to the NCAA organization. The issue is found in a very gray area, where there is most likely no definitive one-size-fits-all solution, but the resolution of this issue is one that will change and shape the future of college athletics across the national landscape.
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).”
If I could pay someone $25 million a year to get him/her on my team and generate $30 million, why not hire that player? The salary cap for the NFL is $102.5 million per team, and we currently have 32 teams, so we the public are paying 3.28 billion to those teams. Currently America is in a 11 trillion dollar debt, if athletes could get paid $150,000/year then we could save 1 billion dollars a year. The monetary worth of athletes exceeds the value that any one individual is actually worth. League officials should be using salary caps, negotiations, and legal tactics. Athletes' salaries are in increasing problem for the economy of our modern world. Although the sports have their own equal distributions, the overwhelming salaries of the leagues' highest paid players have made the average of salaries higher and higher each year.