In article <1115485391.373818.243770@f14g2000cwb.googlegroups.com>, s_knight8@hotmail.com wrote:
James, according to the source, may believe that he no longer needs an> agent because he likely will receive the maximum allowed in his next> contract, and there is no need for negotiation. James is under contract> with the Cavaliers for the next three seasons.
I always wondered why more players didn't do this. Ray Allen did, but that was about it.
Andrew Ryan Chang 7 May 2005 23:08:55 [ permanent link ]
Granville Waiters' Ghost <x@x.x> wrote:>s_knight8@hotmail.com wrote:>> James, according to the source, may believe that he no longer needs an>> agent because he likely will receive the maximum allowed in his next>> contract, and there is no need for negotiation. James is under contract>> with the Cavaliers for the next three seasons.>
I always wondered why more players didn't do this. Ray Allen>did, but that was about it.
Doesn't an agent arrange and coordinate the endorsement deals too?
-- "_The Endless Fire:_ It was later found out that the fire had been started by a civil servant, who thought he was casting the ZEMDOR spell ('turn original into triplicate') but who, instead, cast the ZIMBOR spell ('turn one really big city into lots of tiny little ashes')" -Encyclopedia Frobozzica.
Granville Waiters' Ghost 8 May 2005 05:59:56 [ permanent link ]
In article <d5j3o7$ash$1@morgoth.sfu.ca>, archang@sfu.ca (Andrew Ryan Chang) wrote:
Granville Waiters' Ghost <x@x.x> wrote:> >s_knight8@hotmail.com wrote:> >> James, according to the source, may believe that he no longer needs an> >> agent because he likely will receive the maximum allowed in his next> >> contract, and there is no need for negotiation. James is under contract> >> with the Cavaliers for the next three seasons.> >
I always wondered why more players didn't do this. Ray Allen> >did, but that was about it.>
Doesn't an agent arrange and coordinate the endorsement deals too?
Yeah, but if he's getting the usual agent's percentage of a contract... that's in the millions, if not tens of millions. If I remember right, Ray Allen just hired an attorney at an hourly rate and kept the commission for himself. I'm sure he has an agent now that he's older but in Lebron's position, it doesn't make any sense to have one for contract negotiations.
Granville Waiters' Ghost <x@x.x> wrote:>>> s_knight8@hotmail.com wrote:>>>> James, according to the source, may believe that he no longer>>>> needs an agent because he likely will receive the maximum allowed>>>> in his next contract, and there is no need for negotiation. James>>>> is under contract with the Cavaliers for the next three seasons.>>>
I always wondered why more players didn't do this. Ray Allen>>> did, but that was about it.>>
Doesn't an agent arrange and coordinate the endorsement>> deals too?>
He ahgas a few major ones set and they may exclude much else.
Yeah, but if he's getting the usual agent's percentage of> a contract... that's in the millions, if not tens of millions.> If I remember right, Ray Allen just hired an attorney at an> hourly rate and kept the commission for himself. I'm sure> he has an agent now that he's older but in Lebron's position,> it doesn't make any sense to have one for contract negotiations.
Allen went without an agent right knowing with the new CBA he would get the new max set amount. That contract will be up this summer and IIRC I heard he did hire an agent.
-- Laurel T "If a nuclear bomb dropped on earth, two things would survive: roaches and David Falk." Kevin McHale
"Granville Waiters' Ghost" <x@x.x> wrote in message news:x-0705052108390001@user-v8lcqlj.dialup.mindspring.com...
Yeah, but if he's getting the usual agent's percentage of> a contract... that's in the millions, if not tens of millions.> If I remember right, Ray Allen just hired an attorney at an> hourly rate and kept the commission for himself. I'm sure> he has an agent now that he's older but in Lebron's position,> it doesn't make any sense to have one for contract negotiations.
Is there a good reason that the Union doesn't represent players in contract negotiations?
I mean, yes, obviously there must be, but what is it?
Granville Waiters' Ghost 8 May 2005 10:48:24 [ permanent link ]
In article <IMhfe.2666$Jz2.1305@newssvr19.news.prodigy.com>, "Jeremey Wilson" <noaddressgiven@yahoo.com> wrote:
"Granville Waiters' Ghost" <x@x.x> wrote in message> news:x-0705052108390001@user-v8lcqlj.dialup.mindspring.com...>
Yeah, but if he's getting the usual agent's percentage of> > a contract... that's in the millions, if not tens of millions.> > If I remember right, Ray Allen just hired an attorney at an> > hourly rate and kept the commission for himself. I'm sure> > he has an agent now that he's older but in Lebron's position,> > it doesn't make any sense to have one for contract negotiations.>
Is there a good reason that the Union doesn't represent players in> contract negotiations?>
I mean, yes, obviously there must be, but what is it?
First, labor law, which is what most of the in-house counsel at the players assocation probably specializes in, isn't really similar to what Falk's office or Godwin's office does. Not that it'd be hard to replicate what they do at a fraction of the price they charge...
I dunno, it's just the sickening tradition of professional sports. Would the union front an 18 year old kid $50K the day he declares? Would they work out David Falkesque trades when Marbury decides he has a brighter career ahead of him than KG (hehe... oh lordy...)
Granville Waiters' Ghost 8 May 2005 10:53:09 [ permanent link ]
In article <3e5c65F1a08qU1@individual.net>, "Terraholm" <terraholm_SpamNot_@hotmail.com> wrote:
Allen went without an agent right knowing with the new CBA he would get the > new max set amount. That contract will be up this summer and IIRC I heard he > did hire an agent.
I'm sure he did. The third contract in the cycle is going to be a lot more tricky than "give me the max for X year with 10% increases."
In article <IMhfe.2666$Jz2.1305@newssvr19.news.prodigy.com>, "Jeremey Wilson" <noaddressgiven@yahoo.com> wrote:
Is there a good reason that the Union doesn't represent players in> contract negotiations?>
I mean, yes, obviously there must be, but what is it?
Because when the union represents players, it has to represent the best interest of all players (to the best of their ability to do so.)
Whereas an agent is only responsible for the best interests of his client. From the union's POV, it might not make sense to ask for that extra dollar for the superstar player, if it's going to prevent the team from paying as much to other players. From a player's perspective, he wants an agent to go after as big a slice of the pie as he can get.
"Ron" <ronaldinho_m@hotmail.com> wrote in message news:ronaldinho_m-5063A9.16114308052005@newssvr14-ext.news.prodigy.com.. .> In article <IMhfe.2666$Jz2.1305@newssvr19.news.prodigy.com>,> "Jeremey Wilson" <noaddressgiven@yahoo.com> wrote:>
Is there a good reason that the Union doesn't represent players in> > contract negotiations?> >
I mean, yes, obviously there must be, but what is it?>
Because when the union represents players, it has to represent the
best> interest of all players (to the best of their ability to do so.)>
Whereas an agent is only responsible for the best interests of his> client. From the union's POV, it might not make sense to ask for that> extra dollar for the superstar player, if it's going to prevent the
team> from paying as much to other players. From a player's perspective, he> wants an agent to go after as big a slice of the pie as he can get.>
Rightly so, in both cases.
I don't think you're being cynical enough. The current system isn't one player, one agent: Aaron Goodwin doesn't just represent Lebron. He is, responsible for, among others, obtaining the largest possible piece of a finite pie for Gary Payton and Shareef Abdur-Rahim, both free agents this year. So he has to balance their interests against each other, and against Lebron's and everybody else he represents. If an agent represents 6 players, he's juggling more conflicting interests than there are players in the NBA.
And he's doing it for a roughly 4% cut. Even if we're presuming that the union would be incapable of providing representation that would limit its interests to a single player's, as long as it could provide representation for less than 4% of total salaries (which at least to me seems like a pretty safe bet), it's a net win for the players.
In article <ZiQfe.352$1A6.21@newssvr17.news.prodigy.com>, "Jeremey Wilson" <noaddressgiven@yahoo.com> wrote:
I don't think you're being cynical enough. The current system isn't one> player, one agent: Aaron Goodwin doesn't just represent Lebron. He is,> responsible for, among others, obtaining the largest possible piece of> a finite pie for Gary Payton and Shareef Abdur-Rahim, both free agents> this year. So he has to balance their interests against each other, and> against Lebron's and everybody else he represents. If an agent> represents 6 players, he's juggling more conflicting interests than> there are players in the NBA.
In California, at least, agents are licensed and bonded - and if a client could show that their agent went against their best interests for the sake of another client, they could lose their accreditation.
Which is not to say it doesn't happen - I'm willing to bet that Troy Murphy's agent leveraged the fact that he's also Jason Richardson's agent to get a better deal for Troy - but if Jason feels that those maneuvers hurt him, the agent could be in a world of hurt.
In any event, an agent can at least maintain the facade of not having conflicts of interested with six or seven or 15 clients. To represent every player in the league, though, would surely be a problem.
On Tue, 10 May 2005 00:06:30 GMT, Ron <ronaldinho_m@hotmail.com> wrote:
In article <ZiQfe.352$1A6.21@newssvr17.news.prodigy.com>,> "Jeremey Wilson" <noaddressgiven@yahoo.com> wrote:>
I don't think you're being cynical enough. The current system isn't one>> player, one agent: Aaron Goodwin doesn't just represent Lebron. He is,>> responsible for, among others, obtaining the largest possible piece of>> a finite pie for Gary Payton and Shareef Abdur-Rahim, both free agents>> this year. So he has to balance their interests against each other, and>> against Lebron's and everybody else he represents. If an agent>> represents 6 players, he's juggling more conflicting interests than>> there are players in the NBA.>
In California, at least, agents are licensed and bonded - and if a >client could show that their agent went against their best interests for >the sake of another client, they could lose their accreditation. >
Which is not to say it doesn't happen - I'm willing to bet that Troy >Murphy's agent leveraged the fact that he's also Jason Richardson's >agent to get a better deal for Troy - but if Jason feels that those >maneuvers hurt him, the agent could be in a world of hurt. >
In any event, an agent can at least maintain the facade of not having >conflicts of interested with six or seven or 15 clients. To represent >every player in the league, though, would surely be a problem.>
-Ron
There's another issue to consider as well. If the players union negotiated the individual player's contracts, wouldn't they be guilty of collusion?
