Reading time: 2 – 4 minutes
Becoming a certified sports agent is not simple, and the work isn’t as glamorous as it is portrayed in films and on television. To become a certified sports agent in most leagues, one must meet certain education criteria and learn the league’s rules.
Earn a master’s degree in any field you’d like. There is no required major, but the majors that will prove most helpful include sport management, public relations, communications, business and finance. As long as your master’s degree is from an accredited university, you will be able to work toward becoming a sports agent.
Though it is not necessary, you can attend law school. This will give you an edge when trying to build your clientele, as you can help them with their legal matters in addition to negotiating contracts.
Learn the rules governing the sports league you want to be an agent in, especially the changes in the league’s collective-bargaining agreement. You can work on becoming familiar with the league’s regulations while earning your master’s degree
Take the league’s sports agent exam. With your application, you will need to provide proof that you have earned a master’s degree, and pay a fee to take the exam. Costs range from $600 to more than $1,200. Exams are typically held once per year.
Pass the league’s sports agent exam, and pay another fee to the league before you begin securing clients. If you do not pass the exam, you will need to repay the exam fee and try again the next year. It usually takes two to four months to receive examination results.
Maintain your credentials, and pay your league fees to remain an active agent. After becoming a certified agent, you can seek employment with larger sports-management firms or start your own boutique sports agency.
Think about it ….. every year there is a draft for so many hundred players in the NBA, NFL, NHL, MLB. Not everyone in this game is Drew Rosenhaus as all of the players need a agent of some sort. If you were into sports and hurt your knee then you can still be part of it in another way. Most agents get 10% of all contracts signed. So if your client gets 2 million you get 200K. Now imagine if you had 5 clients who got 30 million in total that means you got 3 million. It’s work but you get to write your own ticket!
Tagged in: agent,
angle,
chips,
contracts,
endorsements,
hustle,
league,
masters,
money,
sports Share this article: Facebook,
Digg This,
Del.icio.us,
StumbleUpon,
Tweet this
RSS 2.0 feed |
Trackback
Becoming a certified sports agent is not simple, and the work isn’t as glamorous as it is portrayed in films and on television. To become a certified sports agent in most leagues, one must meet certain education criteria and learn the league’s rules.
Twitter
Youtube
RSS
Email
Facebook
i’ve been thinking about becoming a financial advisor to the young black athletes in the nba/nfl. Once I heard 78% of them go broke or bankrupt after being out the league for 2yrs, it seems like somebody that can relate to them and has solid financial knowledge could come up and help.
I’m with you! At least make the cats think about putting one million away and getting 10% interest for the rest of their life. Even hammer gets 50K a year after all the money he lost because he was set up right!