Agent v. Lawyer, What Is the Reality?
By Manny Arora
When professional athletes hire a contract advisor (a.k.a. agent) what is it that they actually pay for?
The NFL Players Association lists the sole duty of the agent to provide contract negotiation services to the player. For his work, the agent can earn up to a 3% commission on the total value to the contract.
Due to the fact that many agents have law degrees, you would think the agent’s responsibility to the player is no different than that of a lawyer to