Burrow's Contract With Taxes And Other Fees......

[BFritz21]

(08-22-2023, 01:05 PM)KillerGoose Wrote: This can't be the answer, or more players would simply opt to not have them. Agents will typically do more than just negotiate contracts. They run lead on marketing opportunities and sponsorships as well. They are also more familiar with the intricacies of how to advantageously set up a contract for the players. They definitely provide a benefit for the players. 

Exactly. There's fine print in the contracts that players might not think about or even completely understand all of the ramifications that come along with it.

Also, they need them for if they hit free agency, look for endorsements, handle issues that might arise with the team, etc. 

(08-22-2023, 01:36 PM)George Cantstandya Wrote: Agent's take for NFL contacts are capped at a max of 3%.  Agent's can get a higher percent for endorsements.  So he saved max about 7.8 million on the contract.  If he actually saved that much is debatable.  Could an agent have gotten him more money than he negotiated to offeset that 7.8 million savings?  Could an agent have gotten the deal done earlier so his money could be invested earlier to increase his earning on investment?  Who knows but it is a possibility.  Also I have seen some discussions that his lack of an agent is possibly costing him endorsement opportunities.  Don't know if that is true or maybe he just isn't that interested in them. 

I think most take 1%, which is a hell of a deal for a player to make sure he's taken care of.