Many old players choose to become sports agents
Recreation & Sports October 1st, 2007When many of the old players retire, they either become great coaches or become sports agents. Since they can no longer play the game professionally but still love the game, they look at fresh talents and help nurture them. Since they have already been a player, they can look at the sports from both angles. It also helps the players to understand the game better.
Many of the old NBA players also choose to become NBA agents. As all agents they also have to look for fresh talents and nurture them. With endorsements and off court arrangements reaching millions of dollars, these agents get to pocket 10% of the fee and sometimes as much as 15%-20% of the amount. Since they have already been in the industry, their contacts and networks are very strong. They play on these networks to get the deals for their clients.
Many of them can even tell the young rookies how to play the game. Since these agents can also coach and advise the players works as a plus point or them. An individual certified sports agent can handle many clients. Some of the best known agents have handled the professional careers of over 90 sport stars in their careers.