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Does a player need an agent? There a several key factors a player should consider when deciding if they have a need for an agent:
- The Player as a Brand: How marketable is the player? In order to answer the question of a player's marketability, consideration should be given to the sport’s profile and popularity; the player’s achievements along with their ranking and potential; and the how the player acts outside of their sporting performance in terms of their personality, their appearance and their ability for public speaking.
- The Benefits to a Player: A player must consider whether or not a workload of commercial opportunities will affect / or is affecting their playing performance. A player should also consider whether an agent can improve their profile and if an agent create more opportunities for them. It is also pertinent to consider whether or not an agent can negotiate better deals for a player.
- Agents, Players and Finances: An agent can bring financial benefits to a player, however, players should consider whether or not they can afford to pay commission to an agent; a player should consider the costs of taking on and paying an agent against the benefits brought in by the agent.
- The Risks of taking on an Agent: A player has to remember that there is no guaranteed benefit, and yet, this can still come at a price as an agent will still require payment.
Generally, if the work involved with commercial opportunities is having a negative effect on the performance of the player, then an agent is probably needed. For example, the time and effort involved in dealing with enquiries could cause higher levels of stress and therefore affect performance; a Performance Lifestyle Manager can give advice if this scenario becomes apparent to a player.
It is possible to for players to employ non-exclusive agents as an option (particularly when demand starts to increase). This allows players to work with agents but on a non-exclusive basis, enabling them to assess how particular agents work and perform for them before committing to them. This option does have some potential pitfalls as an agent’s commitment may not be as complete as it would be if it were exclusive and it is therefore possible that some opportunities may be missed.
Players need to carefully consider what they expect and require from an agent and how much they are prepared to pay an agent.
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