Sports Agent Career with Math

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Sports Agent Career with Math

• October 16, 2007

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Sports Agent Career

• One exciting occupation people choose is becoming
  a Sports Agent.
• A Sports Agent is an interesting profession
  because it allows you to work with famous
  athletes!
• Today we will learn about the Math that goes into
  being a sports agent!

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Relationships

• In the world of Sports Agents relationships are
  KEY.
• Knowing people is the path to MONEY.

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Advertisements

• The number one way sports agent makes money is
  taking a percentage of their clients profits.

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The Star

• Scott Boras is the most successful sports agent
  in professional sports
• His clients include Alex Rodriguez, Carlos
  Beltran, Jason Veritek, J.D. Drew, Magglio
  Ordonez, and Kevin Millwood.
• He said it was his job to "create the theater of
  who the player is."

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Question

• Scott Boras makes a deal with the Red Sox to sign
  J.D. Drew.
• The deal is 70 million over five years.
• If Boras gets 5 what is his earnings on the
  deal?

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Answer

• 70,000,000 .05 3,500,000

3 million 500 thousand
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Question

• Jerry McGuire gets 3.2 commission on his deals.
• If he signs Stephon Marbury with the New York
  Knicks on a 4 year contract for 78 million, what
  is his commission?

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Answer

• 78,000,000 .032 2,496,000

2 million four hundred ninety six thousand
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Class Work

• Lets now pretend we are Sports Agents and answer
  some practice Math questions.

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Your Turn

• Can you mention other Math a sports agent may
  need?
• Give it a shot.

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The END