![percentage[1]](http://nbcprofootballtalk.files.wordpress.com/2011/07/percentage1.jpg?w=218)
Whenever a new CBA is reached, we are going to have a million little things to learn about it.
For instance: Tom Silverstein of the Milwaukee Journal-Sentinel reports that agent fees on rookie contract will be reduced from a maximum of 3% to a maximum of 2%.
This may not matter to many fans, but it will certainly be big news in the agent community. We hope to bring much bigger news as the night progresses.
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cool beans
2%? Screenwriter agents take 10-15!
A smaller max % fee on already smaller contracts – wow those agents are going to be so unhappy
Well, that should have the effect of continuing the rise of large agent shops, thus eliminating those agents that represent only a few clients.
Probably not the best thing for the players.
Anyone know who pays the agent’s fees in this industry? I imagine it is the player who does, but just want to verify.
Somebody call the waaaambulance for the agents/lawyers.
Good those leaches make too much money anyway.
It means something to my boy who is a UDFA – 1% more money in his pocket (of course, we’re talking 1% of probably $15-25K – but hey, when you’ve been working at an ice cream stand for the last couple months to make money to afford work-outs, that’s some significant jack!)
Bring-on the offers!
Good news to me!!! Agents should be seen, not heard anyway!! Maybe they’ll have to actually sell a product rather than an idea now.
Luckily for the agents the rookie contracts are substantially reduced as well, so that 1% represents a lesser amount that it did before.
Yeah and the winner of this is Jerry Richardson .. I am sure he is like thank God i dont have to fork over $65 million guaranteed to sign an unproven commodity.
“Agent fees for rookie contracts expected to go down”
GOOD!