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After not being the #1 overall pick, Geno Smith fires his agents

Posted on 4/30/13 at 12:22 pm
Posted by wope
Member since Aug 2011
5682 posts
Posted on 4/30/13 at 12:22 pm
quote:

Liz Mullen of Sports Business Journal reports that Smith fired Select Sports, the agency representing him throughout the draft process. By league rule, he can't hire another agent for another five days.

Manish Mehta of the New York Daily News writes that Smith believed he "would be and should be" the No. 1 overall pick in the draft. When he didn't make the first round, the agents paid the price.


LINK
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83922 posts
Posted on 4/30/13 at 12:22 pm to
It's a business.
Posted by wildtigercat93
Member since Jul 2011
112179 posts
Posted on 4/30/13 at 12:22 pm to
Well hes an idiot then
Posted by barry
Location, Location, Location
Member since Aug 2006
50336 posts
Posted on 4/30/13 at 12:23 pm to
quote:

"would be and should be" the No. 1 overall pick in the draft.


What a prick
This post was edited on 4/30/13 at 12:24 pm
Posted by gizmoflak
Member since May 2007
11659 posts
Posted on 4/30/13 at 12:23 pm to
I have a feeling the agents will get the last laugh in the end
Posted by shel311
McKinney, Texas
Member since Aug 2004
110477 posts
Posted on 4/30/13 at 12:24 pm to
How's that work with payment?

I don't know the first thing about it, but I do know that agents usually get a percentage of every contract/endorsement a guy has that they help broker.

But in this case, the agents are fired before signing his deal, so I wonder how they are compensated for the work they did up to this point.
Posted by OBUDan
Chicago
Member since Aug 2006
40723 posts
Posted on 4/30/13 at 12:24 pm to
How the hell could his agents have controlled that?
Posted by Teddy Ruxpin
Member since Oct 2006
39545 posts
Posted on 4/30/13 at 12:25 pm to
quote:

How the hell could his agents have controlled that?


By representing the actual 1st pick, or the 31 guys after him.
Posted by Baloo
Formerly MDGeaux
Member since Sep 2003
49645 posts
Posted on 4/30/13 at 12:27 pm to
Well, agents do have a part in where a guy gets drafted. they work the phones and try and sell their client to teams. Seeing that Geno fell out of the first round and wasn't even the first QB taken, I think he has plenty of grounds to fire his agents for failing to deliver.
Posted by EarthwormJim
Member since Dec 2005
10063 posts
Posted on 4/30/13 at 12:27 pm to
quote:

How the hell could his agents have controlled that?


By not leading Smith to believe he would be the the #1 pick.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83922 posts
Posted on 4/30/13 at 12:27 pm to
Agents know how it is. It is the world they live in. One minute you're signing RGIII, the next minute you're trying to sign nine year old girls for the Tri County beauty contest.
Posted by tiger94gop
GEISMAR
Member since Nov 2004
2912 posts
Posted on 4/30/13 at 12:28 pm to
Who covers his advance??? He didn't buy that suit.
Posted by shel311
McKinney, Texas
Member since Aug 2004
110477 posts
Posted on 4/30/13 at 12:31 pm to
quote:

Who covers his advance??? He didn't buy that suit
That's what I'm wondering!
Posted by 12
Redneck part of Florida
Member since Nov 2010
18748 posts
Posted on 4/30/13 at 12:33 pm to
Geno seems like a perfect fit for the Jets.
Posted by Dr RC
The Money Pit
Member since Aug 2011
58028 posts
Posted on 4/30/13 at 12:34 pm to
I don't recall a single analyst speculating Geno would be the #1 overall pick.

He wasn't even the consensus best QB in the draft.

Dudes sense of reality is skewed.
This post was edited on 4/30/13 at 12:43 pm
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
10588 posts
Posted on 4/30/13 at 12:34 pm to
quote:

How's that work with payment?


They had a documentary on this on ESPN a while back. One of the agents they followed had this happen to him, and IIRC (and someone can correct me I'f I'm wrong) the agents pretty much just lost a ton of money they invested in the athlete.
Posted by Wayne Campbell
Aurora, IL
Member since Oct 2011
6360 posts
Posted on 4/30/13 at 12:34 pm to
quote:

How's that work with payment?


ESPN did a 30 for 30 on agents. What I gathered from it is that the players are not financially liable to the agents at all. The agent fronts the money for training, marketing, etc, but the player isn't actually "under contract." Meaning they are free to change representation at any time with no penalty.
Posted by NOSTRODAMUS
Prairieville/Dutchtown
Member since Dec 2003
16191 posts
Posted on 4/30/13 at 12:34 pm to
I'm wrong
This post was edited on 4/30/13 at 12:35 pm
Posted by WB504
New Orleans
Member since May 2008
5870 posts
Posted on 4/30/13 at 12:35 pm to
quote:

By not leading Smith to believe he would be the the #1 pick.


This. If his agents were blowing smoke up his arse then I guess he had a reason to get rid of them.
Posted by Rittdog
Yesterday, all my troubles seemed
Member since Oct 2009
9955 posts
Posted on 4/30/13 at 12:35 pm to
quote:

Well, agents do have a part in where a guy gets drafted. they work the phones and try and sell their client to teams. Seeing that Geno fell out of the first round and wasn't even the first QB taken, I think he has plenty of grounds to fire his agents for failing to deliver.



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