For the
players, it’s all about the money.
That’s what it comes down to, and the agent’s job is to do everything in
his power to make his clients more money.
While most of an athlete’s income comes from his contract, there is also
lots of monetary opportunity in sponsorships, which is what Mr. Simms and I
focused on today. It was really
interesting when we were talking about it because while we tend to think of
these athletes as all being just super-rich, Mr. Simms explained that even at
the highest level there are different socio-economic classes. For example, players that are making
multi-millions each year only tend to take sponsorships or do certain tasks
like do a weekly call in to a radio show, for a significant amount of
money. On the other hand, there are many
players who are making less than a million dollars a year who are willing to sign
autographs for an hour for an extra thousand dollars, anything that will
support their income. Even though all
NFL players are paid very handsomely, it’s still interesting to think that a
lot of them feel they need to create additional income compared to others who
don’t. Mr. Simms explained that most
players get sponsorships at places such as car dealerships or jewelry stores,
and since he represents two players on the Cleveland Browns, he is looking for
sponsorship opportunities for both players.
He asked me to compile a list of potential sponsorships for these
players, which he will then be able to reach out to in the future and see if
they can strike up a deal.
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