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One of the biggest concerns to date is the lending practices of NFL players in need, or with a strong desire, to take out loans. These loans typically have terrible interest rates attached to them, which players will be complaining about for years to come. Some interest rates exceed 20% of the loan amount. Some NFL players are turning to high-risk loans to make ends meet.
Another reason players are borrowing now — before even missing a major payday — is that they may be afraid credit...
19 May, 2011
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With the NBA Playoffs in full swing the playoffs have been nothing but entertaining for fans. The Miami Heat eliminated the Boston Celtics in the Eastern Conference Finals 4 - 1 in the series. The Chicago Bulls on Thursday night finished off the Atlanta Hawks 4 - 2 in the series to set up an Eastern Conference Finals between the 2 teams. During the regular season the Bulls beat Miami sweeping them 3 - 0. But we all know in the playoffs the landscaping of the game changes dramatically....
13 May, 2011
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The main responsibility for a sports agent is to negotiate a contract for the players the agent represents. It is vital for the sports agent to understand the market for players in the sport or sports involved. The agent needs to have an understanding of what the players are worth. Besides negotiating the amount of money a player is to be paid, the sports agent needs to know about other important factors for the represented player.
Maybe a player prefers playing in a certain city...
03 May, 2011
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