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Message
re: Patrick Peterson fires agent, on verge of becoming NFL's highest paid defender
Posted on 11/27/13 at 9:52 pm to RummelTiger
Posted on 11/27/13 at 9:52 pm to RummelTiger
Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.
In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.
In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.
6
Posted on 11/27/13 at 9:55 pm to Keys Open Doors
quote:
Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.
In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.
This is exactly right. Agents are completely unnecessary, and only serve as leaches on players. But players let them, so......
Posted on 11/27/13 at 10:35 pm to Keys Open Doors
quote:When Cary Grant became a big Hollywood star, he did this as well. However that didn't eliminate the agent system in Hollywood -- in fact, it only became bigger and stronger. Eventually in the '50s an agency (MCA) would end up buying a studio (Universal).
Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.
In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.
The fact is most people, and perhaps almost all pro athletes, are simply not qualified to deal with complex financial decisions, and need expert representation. The Ricky Williams contract proves that.
Posted on 11/27/13 at 10:48 pm to Keys Open Doors
quote:
Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.
In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.
Jamie Moyer didn't have an agent. He did alright.
Posted on 11/28/13 at 12:51 am to Keys Open Doors
quote:
Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.
In other words, instead of giving them 4 percent, he gave them one time fees for 3-4 days of work.
well NBA contracts are relatively simple. NFL contracts are much more complex
Posted on 11/28/13 at 7:04 am to Keys Open Doors
quote:
Grant Hill didn't have an agent for his highest paid years. He used attorneys for individual negotiations and saved a lot of money.
he knew he was gonna get a max NBA deal, there's not much to negotiate there. I think Ray Allen was one of the first guys to do that. NFL deals are a bit different.
Posted on 11/28/13 at 8:53 pm to Keys Open Doors
Grant Hill is not your average pro athlete.
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