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What's the Normal % of a contract an Agent gets?
Posted on 12/4/17 at 1:06 pm
Posted on 12/4/17 at 1:06 pm
2-3%? More?
Posted on 12/4/17 at 1:10 pm to LaBR4
should be more specific, especially in regard to sports, what level: college or pro, etc.
Posted on 12/4/17 at 1:11 pm to airfernando
Jimmy Sexton, college football
Posted on 12/4/17 at 1:30 pm to LaBR4
Ranges anywhere from 2-8 percent I think. Sexton is top in the game so I would guess he's pretty high end
2 percent of 75 mil is 1.5 mil if you wanna be conservative
2 percent of 75 mil is 1.5 mil if you wanna be conservative
Posted on 12/4/17 at 1:46 pm to wildtigercat93
quote:
2 percent of 75 mil is 1.5 mil if you wanna be conservative
I assume that's paid annually and not as a lump sum. Still, 150k ain't half bad for a residual.
Posted on 12/4/17 at 2:32 pm to LaBR4
Kevin stated that Sexton gets 3% of his contract
Posted on 12/4/17 at 4:59 pm to HempHead
quote:
I assume that's paid annually and not as a lump sum. Still, 150k ain't half bad for a residual.
Now consider how many clients he has. His website says his company represents 100 total head coaches and over 50 in FBS. If they average 1 million a year in FBS, hes taking in $1.5 million per year if he takes 3%. Pretty lucrative income over 20 years
Posted on 12/4/17 at 5:01 pm to HempHead
quote:
I assume that's paid annually and not as a lump sum. Still, 150k ain't half bad for a residual.
You also gotta think about Sexton represents almost every major college coach. Dude is making bank
Posted on 12/4/17 at 9:34 pm to LaBR4
Negotiation of the contract = a fee
Management of contract = 1%
For example - my stockbroker manages my account @ 1% commission annually- PERIOD!!!
No fees on trades buying or selling
Management of contract = 1%
For example - my stockbroker manages my account @ 1% commission annually- PERIOD!!!
No fees on trades buying or selling
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