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Posted

I have been constantly amazed that rookies use an agent, especially 1 st rounders. One thing, and only one thing to negotiate..offset or not. Why you giving away money for that?

Posted
  On 7/22/2015 at 4:09 PM, plenzmd1 said:

I have been constantly amazed that rookies use an agent, especially 1 st rounders. One thing, and only one thing to negotiate..offset or not. Why you giving away money for that?

perks - im guessing the agent helps hype you up to teams and media to push your stock up the board, finds sponsorship deals, etc....

 

but yea, the contract itself seems easy outside of a handful of guys right around were cutoffs with things like offsets fall.

Posted

Anyone who is representing themselves in most cases is an idiot. Yeah it sucks to have to give 5% of your salary to someone but it will cost you way more to not have someone well versed in the business of negotiation in your corner.


  On 7/22/2015 at 4:09 PM, plenzmd1 said:

I have been constantly amazed that rookies use an agent, especially 1 st rounders. One thing, and only one thing to negotiate..offset or not. Why you giving away money for that?

 

That's a very specific thing where an agent may not be necessary with a slotting system. But a good agent will negotiate other outside endorsements and deals for their client. A player isn't going to have time to make those sorts of calls.

Posted
  On 7/22/2015 at 4:33 PM, billsfan89 said:

Anyone who is representing themselves in most cases is an idiot. Yeah it sucks to have to give 5% of your salary to someone but it will cost you way more to not have someone well versed in the business of negotiation in your corner.

 

That's a very specific thing where an agent may not be necessary with a slotting system. But a good agent will negotiate other outside endorsements and deals for their client. A player isn't going to have time to make those sorts of calls.

 

The agent or business manager could take care of endorsements and the player the contract.

Posted

I think they should take the rookie salary scale one step further and agree to a standard rookie contract between the league and NFLPA. Nothing to negotiate at all, no need for these kids to hire an agent until they get close to the end of the rookie deal. The NFLPA can be a 3d signatory. Let the kids avoid that mess and expense until they learn a little about the world they've just stepped into.

Posted
  On 7/22/2015 at 4:09 PM, plenzmd1 said:

I have been constantly amazed that rookies use an agent, especially 1 st rounders. One thing, and only one thing to negotiate..offset or not. Why you giving away money for that?

 

Naivete and inexperience, probably. Unless you're a really bright kid or have a great support system (parents) you're a sheep walking into the wolf's lair.

Posted

It is easier for rookies out of first round to get a boilerplate contact signed, not worry about agent scamming you on contract where they make little difference, and then hire an agent for the OTHER things post contract - endorsements, sponsorships, hypes. If an agent does not want to sign after you get in league then forget about the agent for he wants a cut of something rookie would have gotten without your help.

Posted
  On 7/22/2015 at 11:17 PM, Koolaid said:

It is easier for rookies out of first round to get a boilerplate contact signed, not worry about agent scamming you on contract where they make little difference, and then hire an agent for the OTHER things post contract - endorsements, sponsorships, hypes. If an agent does not want to sign after you get in league then forget about the agent for he wants a cut of something rookie would have gotten without your help.

I'm sure agents are helpful in negotiating which camps to go to for training before the draft. Sponsorships even before draft to get cash flow started. Getting your film in the right hands. Generating hype. And heaven forbid something happens (injury or pr) it's nice to have the team ready.

 

Even if the contract is boiler plate, if the agent helps you go 50th instead of 65th that can be a nice chunk of money.

 

I'd always err on the side of having a professional in my corner if I was an athlete.

Posted
  On 7/22/2015 at 11:30 PM, NoSaint said:

I'm sure agents are helpful in negotiating which camps to go to for training before the draft. Sponsorships even before draft to get cash flow started. Getting your film in the right hands. Generating hype. And heaven forbid something happens (injury or pr) it's nice to have the team ready.

Even if the contract is boiler plate, if the agent helps you go 50th instead of 65th that can be a nice chunk of money.

I'd always err on the side of having a professional in my corner if I was an athlete.

Think that's a great point ...and they also prolly very useful for cash flow outside of sponsorships...as in here is $200 K to tide you over till signing bonus is paid....

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