|
First off, Thanks, Quinton, for having me in your site. It's educational, edgy and provides an amazing resource to and about the music and sports industries. Jerry Maguire, Bob Sugar, Arliss Michaels or even Ari Gold have been Hollywood depictions of what an agent is and does. It's all glamour and fame, hanging out at cool parties and sporting events. It drives thousands of law students (and college graduates) each year to think they can come out and represent their friends or use their knowledge or connections and be successful. Three law schools offer a "Certificate" in sports law, which essentially means you specialized it sports related legal matters in law school. Those schools admit that few of those graduates wind up short term in sports and even fewer find a career in it. Further still, in order to be admitted as a NBA, NFL, or MLB agent, you have to be certified. In each league it is a little different, but in the NFL, it means you have to fill out a lengthy application in January, go through a strenuous background check, pass a test on the Collective Bargaining Agreement and Salary Cap rules, etc., obtain insurance and pay lots of fees and dues to join the club. Then you must sign one of the 1700 or so players on a final roster within 3 years or you have to start over. State laws are getting tougher and require more fees and registration. The NBA is very similar. It is a daunting process. What is a true day in the life like? Some days are pretty glamorous and very cool. Most are filled with learning everything you can about everything you can to give you an edge. You are competing against 800-900 other agents in the NFL for players on one of the 53-man rosters on one of its 32 teams. So, 900 agents are competing and must sign one of 1696 guys (plus their replacements). To do so, you have to invest in their training and pre-season expenses, which can range between $10,000 to well in the six figures. If you average in earning the maximum fee of 3% of the average NFL salary and it is a business plan that could lose money very easily. The NBA is not much different. In MLB, you often have to stay with a player all the way through the minors, help get endorsements or pay for his bats, gloves and equipment. The moments of glamour are far out numbered by long hours of research and study, stiff (and sometimes corrupt) competition and financial risk and sacrifice. However, whether working for a sports agent or as a sports agent, if you are passionate about what you do, truly respect the game of football and the significant role you play as a mentor, advisor, guide and friend to these athletically gifted, passionate, spirited young men, you will succeed. We founded BTSA -The Breakthrough Sports Agency- to change the game, provide unprecedented service and counsel. I spent 10 years learning everything about licensing, trademarks, contracts, anti-trust, collective bargaining and a host of sports related legal issues and represented many an athlete before jumping into agency. My path was just one of the many that leads into one of the greatest jobs in the world. It is my passion and pleasure to work with the finest young men in the world and watch and help them master their craft.
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
-Email John M. Phillipshttp://www.mybtsa.com/
|
Comments
RSS feed for comments to this post.