During the lengthy meeting on Friday, the topic of dropping the agents fee
from three to two percent was discussed. Essentially, that's a 33 percent drop
if that goes through next month in a NFLPA meeting in Hawaii. If it happens,
that could change have huge ramifications for the future.
"What would happen is you would see the end of the smaller agencies. In
effect, unless you have a pretty stable clientele, you may have to close up
shop," one veteran agent said Friday.
The drop in fees has been discussed in past meetings but it came to a head
this week. Toward the end off the meeting, veteran agents Leigh Steinberg, Drew
Rosenhaus, and others let the NFLPA know how destructive a drop in fees would
"It was good to see them stick up for the rest of us. We all stand to lose a
lot of cash if the fee gets dropped," another veteran agent said.
Another potential problem is that you'll see agents only try to sign players
who they know that will be first day picks. The key to making money is getting
the player to sign a second contract. If the player gets cut or doesn't find
another team to sign with, the agents might not break even on the money they
invested the player in from the beginning.
"Many of us won't be able to afford what it takes to sign the lesser player
if he can't get a second deal. Sure, we would all like to get first day picks
but many of us aren't all that lucky," an agent said who is in the third year of
This situation certainly bears watching and is one that many should be concerned about.