I’m sure at one point or another we all have seen the movie Jerry Maguire starring Tom Cruise that gave an insider look on what exactly happens in the sports agency world.  Just to give the readers exactly how it works and some of the cost incurred in starting this new endeavor, I wanted to give a breakdown of the cost.  First the NFLPA made it a few years back that if an individual wanted to sit for the agent certification exam they would need an advance degree whether it is a Law Degree or a Master’s Degree.  Check out https://www.nflplayers.com/About-Us/FAQs/Agent-Certification-FAQs/; secondly, pay a one-time fee currently $2500 last year $1650 for the agent application, test, and background check.  Then one must pay NFL annual dues $1200 for 10 or less active players and $1700 for 10 or more.  Lastly one must get professional liability insurance, which can run roughly $1000 a year.  After looking at the added cost this definitely adds up and can be highly expensive starting this new career path.

But with the bad there is some promising information as well.  A common misconception about becoming a sports agent is that your sports agent salary is dependent upon player contract negotiations.  In actuality you can build your salary in a variety of ways by offering different services including endorsement opportunities, financial planning, personal appearance and many more.

Naturally, everyone wants to know how much their sports agent salary will be and this depends on the athlete client(s) you sign. Major league sports are big business and the following table contains realistic annual salaries for high-end clients. It is common for successful sports agents to make well over $1,000,000 per year, all it takes is one solid client and you can have a rewarding sports agent career.