The NFL has seen rapid growth in recent years, with the 32 teams of NFL achieving a cumulative $17.19 billion in revenue in 2021 as per statista.com. With this kind of profit margin, it's not difficult to see why so many people might want to get involved with the NFL. One such avenue is becoming an agent. But how do you become an agent? This article will break down the process for you!
What is an NFL agent?
An NFL agent is a person who represents professional football players in negotiations with teams. Most agents are employed by firms that specialize in sports representation, although some work independently. Agents typically have experience as athletes or in the business of sports, and must be licensed by the NFL Players Association (NFLPA).
The NFLPA is the union that represents all professional football players in the United States. It is responsible for negotiating player contracts and handling other matters related to player welfare. The NFLPA also licenses agents, and sets rules governing their behavior.
Agents typically earn a commission on the value of the player contracts they negotiate. They may also receive fees for other services they provide, such as marketing assistance or financial planning advice.
What does a football agent do?
The answer to this question may vary depending on who you ask but typically, a football agent is responsible for negotiating contracts, managing finances, and providing guidance and support to their clients. In some cases, agents may also be responsible for marketing and public relations.
The role of a football agent has evolved over the years and today's agents are expected to wear many hats. They must be experts in the field of contract law and negotiation, have a keen understanding of the business side of the game, and be able to provide comprehensive support to their clients both on and off the field.
While there is no one-size-fits-all answer to what a football agent does, the above provides a general overview of the typical duties and responsibilities associated with this career.
How Much Does an NFL Agent Make (per year)?
The average NFL agent earned $1.42 million per year in 2018, according to a report from the Sports Business Journal. The top 25% of agents earned an average of $2.23 million per year, while the bottom 25% earned an average of $620,000 per year.
However, it is important to note that the salaries of NFL agents vary greatly depending on their experience and success. For example, super-agent Leigh Steinberg reportedly earns over $10 million per year.
How to Become An NFL Agent?
If you want to become an NFL agent, there are a few things you need to know. First and foremost, you need to have a bachelor’s degree. Secondly, you need to take and pass the NFLPA exam. Finally, you must be registered with the NFLPA.
You can start on the path to becoming an NFL agent by completing your undergraduate degree at a college or university that offers a course of study in sports management or business. You should also try to gain experience working in the sports industry prior to taking the NFLPA exam. Once you have your degree and some relevant work experience, you can register for the NFLPA exam.
To register for the exam, simply go to the website of the National Football League Players Association and fill out an application. The cost of the exam is $2500, and it is offered once per year. The next step is to pass the exam, which will qualify you to become a certified NFL agent.
Once you are certified, you can begin working with clients who are looking to enter into contracts with NFL teams. As an agent, your job is to negotiate deals on behalf of your clients and ensure that they receive fair compensation for their services. You will also be responsible for helping your clients stay in good standing with the NFLPA and complying with all league rules and regulations.
Pros and Cons of Becoming An Agent
There are pros and cons to becoming an NFL agent. On the pro side, agents have the potential to make a lot of money. They also get to work with some of the biggest names in sports. On the con side, agents often have to work long hours and deal with rejection.