headhunter15
Well-Known Member
- Joined
- Mar 5, 2010
- Messages
- 8,562
- Likes
- 30,445
I don’t agree with 20% on these deals but I can understand higher %s because often times the players who get larger NIL deals are only at that given school for 1-3 years. Not like a pro contract that can be +/- 5yrs depending on the sport with massively larger numbers.
Let’s clarify the attorney part of your post. Attorneys get a 4 year degree before going to law school for at least 3 years. Then, they have to pass the bar exam in order to practice.Yeah, i think anything north of 10% is robbery IMO...but that's how I feel about lawyers too. They take 30-40% of the settlements people get who have actually been hurt, killed, or wronged in some way. I find that ridiculous on it's face. These "agents" for college players, and pros, didnt even have to go to school for 4 years and pass the Bar exam. Where exactly is Agent School? There isn't one. There isn't a program for that at University either. In most cases in college, the "agent" is just someone close to them who they trust. Family or even a coach. You or I can pay a lawyer a nominal fee to look over contract language and make sure it isn't gonna exploit the athlete...if that's even necessary. I bet once we get a salary cap for players, the rate for college "agents" will come down as well. Them making 5x or 6x what NFL agents make seems crazy to me.
Hourly?Let’s clarify the attorney part of your post. Attorneys get a 4 year degree before going to law school for at least 3 years. Then, they have to pass the bar exam in order to practice.
The contingent fee (i.e. 30%) is just that- a contingency. If the attorney works the case, and the case is a loser, then the attorney gets nothing. The client never pays out of pocket until there is an actual settlement or judgment.
Yeah, i think anything north of 10% is robbery IMO...but that's how I feel about lawyers too. They take 30-40% of the settlements people get who have actually been hurt, killed, or wronged in some way. I find that ridiculous on it's face. These "agents" for college players, and pros, didnt even have to go to school for 4 years and pass the Bar exam. Where exactly is Agent School? There isn't one. There isn't a program for that at University either. In most cases in college, the "agent" is just someone close to them who they trust. Family or even a coach. You or I can pay a lawyer a nominal fee to look over contract language and make sure it isn't gonna exploit the athlete...if that's even necessary. I bet once we get a salary cap for players, the rate for college "agents" will come down as well. Them making 5x or 6x what NFL agents make seems crazy to me.