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The Business of Sports Agents.

The Business of Sports Agents.

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  • ISBN:9780812236828
  • Editorial: University Of Pennsylvania
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:206
  • Idiomas:Ingles,Inglés

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The legendary Charles C. "Cash and Carry" Pyle, considered by most to be the first sports agent, negotiated a $3,000-per-game contract for Red Grange to play professional football for the Chicago Bears in 1933. Today, salaries in the tens of millions of dollars are commonplace, and instead of theatrical promoters and impresarios, professionally trained businessmen and lawyers dominate the business. Successful sports agents are comfortable with high finance and intense competition for the right to represent talented players, and the most respected agents are those who can deal with the pressures of high-stakes negotiations in an honest fashion. But whereas rules and penalties govern the playing field, there are far fewer restrictions on agents. Incidents of agents manipulating athletes, ranging from investment scams to outright theft of a player's money, are far too commonplace, and there is growing consensus for reform.

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