Post by Samuel on May 4, 2010 9:28:20 GMT -5
An opportunity for a potential storyline angle has presented itself so...I'm dusting off an old gimmick known as I.S.M. Inc. It's a sports management agency. The letters stand for Ivory, Samuel, and Maryse the first three clients who got the business up off the ground. I tried to explain it the first time around, but hopefully the definition below will do a better job than I did the first time.
**The definition is not to insult anyone's intellegence, it's just me trying to compensate for not being able to communicate it well.**
Wiki's definition is: A sports agent is a person who helps market athletes or products associated with that athlete to promote an athlete's career. Agents are responsible for all communications with team owners, managers, coaches and other individuals to help promote an athlete's career. Primarily, agents are used to broker and negotiate contracts for their clients. Also, they are responsible for making recommendations in regards to their options. In addition to finding incoming sources, agents often handle public relations matters for their clients. In some large sports agencies, such as IMG and Octagon, agents deal with all aspects of a client's finances, from investment to filing taxes.
Sports agents may be relied upon by their clients for guidance in all business aspects of life, and sometimes even more broadly. For example, hockey agents start recruiting clients as young as 15, allowing the agent to guide the athlete's career before the NHL draft, which happens usually at 18 years of age.
Due to the large and complicated contracts, many sports agents are lawyers or have a experience in contractual law. Agents are expected to be knowledgeable about finance, business management, financial and risk analysis, as well as sports. It is important for sports agent to follow the trends in sports. Other skills an agent must possess is excellent communication and negotiation skils. Agents must be highly motivated, willing to work long hours, and have the ability to multitask. It is very common for agents to be in negotiations with several clients at one time. [1]
Some agents are part of large companies and some are on their own. The number of clients an individual agent can handle and how many his or her employing agency can handle in total are interdependent variables.
**The definition is not to insult anyone's intellegence, it's just me trying to compensate for not being able to communicate it well.**
Wiki's definition is: A sports agent is a person who helps market athletes or products associated with that athlete to promote an athlete's career. Agents are responsible for all communications with team owners, managers, coaches and other individuals to help promote an athlete's career. Primarily, agents are used to broker and negotiate contracts for their clients. Also, they are responsible for making recommendations in regards to their options. In addition to finding incoming sources, agents often handle public relations matters for their clients. In some large sports agencies, such as IMG and Octagon, agents deal with all aspects of a client's finances, from investment to filing taxes.
Sports agents may be relied upon by their clients for guidance in all business aspects of life, and sometimes even more broadly. For example, hockey agents start recruiting clients as young as 15, allowing the agent to guide the athlete's career before the NHL draft, which happens usually at 18 years of age.
Due to the large and complicated contracts, many sports agents are lawyers or have a experience in contractual law. Agents are expected to be knowledgeable about finance, business management, financial and risk analysis, as well as sports. It is important for sports agent to follow the trends in sports. Other skills an agent must possess is excellent communication and negotiation skils. Agents must be highly motivated, willing to work long hours, and have the ability to multitask. It is very common for agents to be in negotiations with several clients at one time. [1]
Some agents are part of large companies and some are on their own. The number of clients an individual agent can handle and how many his or her employing agency can handle in total are interdependent variables.
