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Sports agent

From Wikipedia, the free encyclopedia
Representative for professional athletes

Asports agent is a legal representative for professional athletes and coaches who negotiates employment and endorsement contracts on their behalf. Sports agents may also assist with financial planning, legal coordination, and marketing matters, often working alongside lawyers, accountants, and brand managers.[1]

Description

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Sports agents act as intermediaries between athletes and sports organizations, handling contract negotiations, sponsorships, and related business affairs.[2] Larger firms such asCreative Artists Agency,Roc Nation Sports, andOctagon may also manage brand partnerships, licensing deals, and media relations for clients.

Because professional sports contracts can be complex, many agents have strong backgrounds in law, business, or finance. They are expected to understand salary-cap systems, league regulations, and the economics of sports labor markets.[3] Agents typically represent multiple clients at once and may begin advising athletes while they are still amateurs or college players, in compliance with relevant league or state rules.[4]

Regulation

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In the United States, the conduct of sports agents is governed through both state law and league certification systems. Most states have enacted theUniform Athlete Agents Act (UAAA), which requires registration, disclosure of fees, and written contracts between agents and athletes.[5] Professional players’ associations such as theNational Football League Players Association andNational Basketball Players Association require certification before an agent can negotiate player contracts.[6]

Media depictions

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Films such asJerry Maguire,Two for the Money, andAny Given Sunday depicted sports agents. In England, ITV'sFootballers' Wives included a female agentHazel Bailey. The television showBallers, which started in 2015, also shows a strong depiction of sports agents.

Notable sports agents

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American football

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Football agentDrew Rosenhaus
Football agentLeigh Steinberg

Australian football

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Baseball

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Scott Boras

Basketball

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David Falk

Cricket

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European basketball

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Association football

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Jorge Mendes

Golf

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Ice hockey

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Motorsport

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Olympics

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Notable former sports agents

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Joe Kehoskie

Sports agency groups

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There have been some efforts to transform the sports agency business from an individual, entrepreneurial business, to more of a corporate structure. These experiments met with varying degrees of longevity and success.

Formerly active agencies

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Some sports agency firms were once prominent, but are now gone or reorganized:

  • Assante Corporation – Canadian public company that acquired the Steinberg, Moorad & Dunn agency, then acquired other than agencies including Dan Fegan & Associates and Maximum Sports Management in an unsuccessful effort to build multi-sport corporate agency.[53]
  • SFX Entertainment (nowLive Nation, a publicly traded company) – in 1998 SFX agreed to pay up to $150 million in cash, stock, and bonuses for F.A.M.E., the sports agency run byDavid Falk, the agent for basketball playersMichael Jordan andPatrick Ewing. SFX also acquired two other major sports agencies,Arn Tellem's agency (Tellem & Associates) and the baseball-oriented firm run byRandy Hendricks and Allan Hendricks.[54] SFX would later reverse course, and sell off the pieces of its large sports agency business.
  • Steinberg, Moorad & Dunn ("SMD") – a multi-sport agency sold in October 1999 for reported $120 million to Canadian financial firm. Defections of principals, and litigation, followed. Originally led by entrepreneurial agentsLeigh Steinberg andJeff Moorad.[55]

See also

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References

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  1. ^Masteralexis, L. P., Barr, C. A., & Hums, M. A. (2021).Principles and Practice of Sport Management (7th ed.). Jones & Bartlett Learning. ISBN 9781284254303.
  2. ^Shropshire, K. L., & Davis, T. (2008).The Business of Sports Agents. University of Pennsylvania Press. ISBN 9780812240849.
  3. ^Shropshire, K. L., & Davis, T. (2008).The Business of Sports Agents. University of Pennsylvania Press. ISBN 9780812240849.
  4. ^Ruxin, R. H. (2009).An Athlete’s Guide to Agents (5th ed.). Jones & Bartlett Learning. ISBN 9780763776114.
  5. ^Uniform Athlete Agents Act (2000, rev. 2015). Uniform Law Commission.
  6. ^NFLPA Certified Contract Advisors. National Football League Players Association.
  7. ^Hanzus, Dan (March 4, 2013)."Joe Flacco's Ravens contract includes $52M guaranteed".Around the League.NFL.com. RetrievedMarch 4, 2013.
  8. ^"Authentic Athletix Clients".AgentAA.com. Archived fromthe original on July 9, 2015. RetrievedJuly 15, 2015.
  9. ^Meisel, Barry (April 28, 1996)."Toomer Catches Fancy of Giants".New York Daily News.
  10. ^Butler, Steve (March 3, 2008);Show me the money, Ricky Nixon; Realfooty.com.au; Retrieved on March 14, 2009
  11. ^Crasnick, Jerry (April 30, 2006)."Agent says Boras' group 'stalking' his client in minors".ESPN.com. RetrievedDecember 2, 2024.
  12. ^Nicholson, Ben (December 23, 2010)."Nationals Sign Sean Burnett To Two-Year Extension". MLBTradeRumors.com. RetrievedOctober 6, 2011.
  13. ^McGrath, Ben (August 1, 2011)."Tampa Bay Ray's Late Bloomer Super Sam Fuld".The New Yorker. RetrievedOctober 6, 2011.
  14. ^"Interview with Matt Sosnick" SportsAgentBlog.com.
  15. ^Gus Lubin (November 29, 2010)."The 12 Best Sports Agents in the World".Business Insider. RetrievedJanuary 3, 2013.
  16. ^"Agents again at forefront of NBA labor dispute",CNN/SI, December 28, 1998, accessed June 16, 2007.
  17. ^Migala, Dan."Career Spotlight: David Falk",WorkInSports.com, June 4, 2001, accessed June 30, 2007.
  18. ^Janowitz, Neil (March 9, 2012)."After Backing a Dark Horse, Lin's Agent Is Riding High".The New York Times. RetrievedMarch 10, 2012.
  19. ^"#9 Rob Pelinka".Forbes.com. RetrievedNovember 23, 2021.
  20. ^Megargee, Steve (June 7, 2019)."Penicheiro's new career has Hall of Famer focusing on future".Yahoo Sports. Associated Press. RetrievedJune 15, 2019.
  21. ^"HoopsHype.com Agents". RetrievedMay 8, 2008.
  22. ^Nets Star Has Deal to Play in Turkey;The New York Times, July 7, 2011
  23. ^Perry, Michael (May 3, 1999)."Agents court Xavier star Posey".The Cincinnati Enquirer.
  24. ^Bremer still leading the way in EuropeOlean Times Herald
  25. ^[1] ESPN. Evan Alexander Demiriel. Retrieved July 23, 2011
  26. ^abBelzer, Jason (September 25, 2017)."The World's Most Powerful Sports Agents 2017".Forbes. RetrievedSeptember 27, 2017.
  27. ^Top 10 most influential football agents – Pere Guardiola, Pini Zahavi, Jorge Mendes, Paul Stretford, Mino Riaola | Metro News
  28. ^Derbyshiretimes: "Loyalty and trust are hard to find in football' – Chesterfield hero Kevin Davies launches new business"
  29. ^www.gsf.agency
  30. ^"How Tiger's Top Man is Managing the Crisis".The Wall Street Journal. December 8, 2009.
  31. ^Reilly, Rick (June 23, 2011)."Golf's new era is here".ESPN. RetrievedJune 23, 2011.
  32. ^Tait, Alistair (October 21, 2011)."McIlroy leaves Chandler's ISM for Horizon Sports".Golfweek. RetrievedNovember 21, 2011.
  33. ^NHL.com – Features[permanent dead link]
  34. ^Michael BarnettArchived October 10, 2007, at theWayback Machine
  35. ^"Top 10 Sports Agents -Ask Men.com
  36. ^"Octagon Sports – Hockey – Team Bios – Allan Walsh". Octagonhockey.com. RetrievedJanuary 3, 2013.
  37. ^"From The Executive Editor: The education of Peter Carlisle". Sports-agent-directory.com. RetrievedJanuary 3, 2013.
  38. ^Lowson, Thomas."Exclusive: Ted DiBiase's Ex-Agent On Working With The WWE Legend, Ted Jr. Welfare Scandal".eWrestlingNews. RetrievedSeptember 11, 2025.
  39. ^Carey, Jesse."A New Purpose: The NFL's Shawn Harper".CBN. RetrievedSeptember 11, 2025.
  40. ^"Schedule".shawnharper.org. RetrievedSeptember 11, 2025.
  41. ^"Colleen Howe, 'Mrs. Hockey', dies at 76". Associated Press. March 6, 2009. RetrievedMarch 7, 2009.[dead link]
  42. ^Simpson, David Mark (December 1, 2015)."Mexican Baseball Is Finally Eliminating One of the Worst Unwritten Rules in Sports".Vice.com. Vice. RetrievedDecember 1, 2015.
  43. ^"Mino Raiola, one of football's most powerful agents, dies aged 54".The Observer. April 30, 2022. RetrievedApril 30, 2022.
  44. ^"Hockey agent marries minor leaguer".The Hockey News Archive. RetrievedJune 28, 2025.
  45. ^"Serie A international rights snapped up by Infront for '€139m a year'". SportsPro Media. April 6, 2021. RetrievedApril 26, 2021.
  46. ^Harig, Bob (July 17, 2011)."Darren Clarke returns in major triumph".ESPN. RetrievedJuly 18, 2011.
  47. ^"Prodigy Agency won Esports Supporting Service of the Year!".Forbes. December 1, 2023. RetrievedDecember 1, 2023.
  48. ^"Jay-Z Launches Roc Nation Sports Teams With CAA to Co-Represent Robinson Cano".Variety. April 2, 2013. RetrievedApril 2, 2013.
  49. ^"Our Mission and Values".smwwagency.com. RetrievedDecember 7, 2020.
  50. ^"Good, profitable sports".bizjournals.com. RetrievedDecember 7, 2020.
  51. ^"Wasserman Acquires Tellem Business; SFX Promotes Pelinka".Sports Business Daily. January 27, 2006. RetrievedAugust 7, 2017.
  52. ^The business of sports | Dhaka Tribune
  53. ^"These Drafts Come and Go, and So Do Agents' Fortunes"The New York Times, April 28, 2003
  54. ^"Steinberg Sells Sports Firm".The New York Times. October 28, 1999. RetrievedOctober 6, 2011.
  55. ^"Crash Landing"- ESPN, by Peter Keating, article about Leigh Steinberg

Further reading

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