Written by Sports Agent Blog- By Darren Heitner on Wednesday, 13 July 2011 00:00
Need Sports Agents Who Are “No Men”
Sometimes Deion Sanders says things that sound responsible, such as talking to young NFL players prior to the start of the lockout and making them understand that there is “going to be a famine” (in his words). The demand of lockout loans and agent switching is proof that Sanders was correct in his statement. Other times, Sanders seems to defend athletes for their actions when they do not deserve any support. Recently, Sanders said something that I wholeheartedly agree with and hope that many agents read and take to heart. In an interview, he stated,
“It’s hard to talk to a person when they have millions man because there is so much noise in their life. Everybody around them is employed and they have ‘yes men.’ You gotta start hiring a ‘no man.’ Somebody who is going to tell you no and somebody who is going to tell you the truth and a lot of these guys don’t…”
Is that not exactly what an agent is supposed to be? If agents are not acting as “no men” then their clients should be dropping them immediately. If for some reason the athlete does not like that option, then he should be hiring a “manager” who is above the agent and can override his decisions, because the last thing an agent should be is a “yes man.” But there really is no excuse for an agent to reject being the “no man.”
The agent is the fiduciary of his athlete clients. An agent certainly breaches his fiduciary duty to his clients when he acts negligently or negligently fails to act on his clients’ behalf. Notice that nowhere in that statement does fiduciary duty account for following the clients’ wishes. If following the clients’ wishes, and thereby becoming a “yes man” is actually contrary to how the agent should act according to his fiduciary duty to do what is best for his clients (notice again, not necessarily what the clients think is in their best interests), then he could be considered to be acting negligently.
Think of your relationship with your clients. Whether or not it will lead to a successful breach of contract case against the you later on, is that really the type of agent you want to be?
Written by Darien Heitner on Tuesday, 12 July 2011 14:14
Mark Steinberg Joins Jeff Schwartz, Casey Close At Excel Sports Management
Just yesterday, Mark Steinberg officially decided his new agency destination after leaving IMG roughly a month-and-a-half ago. Steinberg had been the Director of IMG’s Global Golf Business and was responsible for the representation of Tiger Woods, Annika Sorenstam, and other golfers. I had speculated for quite some time that Steinberg would seriously consider joining up with Creative Artists Agency (CAA), especially after the company recently hired Peter Bevacqua, former Chief Business Officer at the United States Golf Association, to develop new business for CAA’s Golf Division. Steinberg would have been a good fit at CAA, but oftentimes individuals do not choose an agency merely based on its size or benefits package.
Steinberg instead chose to become a member of Excel Sports Management, the ever growing basketball, baseball (with the additions of Casey Close and Victor Menocal), and now golf divisions. Tiger Woods will join Steinberg and become a new client of Excel Sports. Just prior to Steinberg making his announcement of joining up with Excel Sports, I had heard that he was also considering a move to another powerhouse – Lagardère Unlimited. Perhaps Lagardère will continue to look for someone to grow its golf division.
Steinberg’s transition to Excel Sports makes perfect sense. He became acquainted with the people at IMG when he performed in a summer internship while in law school at the University of Illinois College of Law. He started working for IMG before he even graduated law school and did not stop until May of this year. While at IMG, he became close with guys like Jeff Schwartz and the aforementioned Casey Close, who respectively lead the basketball and baseball divisions at Excel Sports. As Steinberg stated to Darren Rovell of CNBC.com, he has known Schwartz and Close for roughly 20 years. He further stated,
“We grew up in the business together and I truly felt Excel was a perfect fit. We intend to be a multi-sport agency that is an ideal destination for top clients and corporations.”
While the additions of Casey Close and Victor Menocal earlier this year already made Excel Sports a company to keep a close eye on, its expansion into golf with the addition of Mark Steinberg makes an already intriguing company even more exciting to follow. I have a feeling that Excel Sports will be receiving a lot of internship applications for quite some time.
Written by Darien Heitner on Tuesday, 12 July 2011 14:01
On To The Next One: Stephen Bowen
Stephen Bowen is a 6’5, 306lbs defensive end for the Dallas Cowboys. While the five year veteran has spent all his time in the NFL in Dallas, he spent the rest of his life in New York. Bowen went to high school in Dix Hills, NY before playing football at Hofstra University.
Bowen did not start a single game in his first three years in the NFL, but started two games in 2009 and nine games in 2010. His numbers did not blow anybody away – in 2010, Bowen only had 1.5 sacks, 22 combined tackles, and 1 deflected pass (which came in the last game of the regular season). However, in the world of representing athletes, Bowen is seen as someone who has potential to increase his output, and someone that many agents would love to have the opportunity to represent.
Bowen had been represented by Willis & Woy, but recently made the switch to SportsTrust Advisors. While Bowen does not make up for the loss of such a respected running back, it is an addition that Pat Dye, Jr., Jimmy Sexton, should be happy about.
Written by Darien Heitner on Tuesday, 12 July 2011 13:52
On To The Next One: Francisco Rodriguez
Francisco Rodriguez, better known as K-Rod, is currently performing under a 3-year, $37 million contract that he signed with the New York Mets in 2008. If K-Rod closes 55 or more games this season, he will stay with the Mets in 2012 and earn a total of $17.5 million for that one year of service. No closer has ever earned that much money in a single year. If he cannot close out 55 or more games, K-Rod will still earn $3.5 million in a buyout and become a free agent. That 55 game clause was negotiated by his former agent, Paul Kinzer of Wasserman Media Group. It is looking like K-Rod will come close to the 55 game mark, as long as he stays healthy for the rest of the 2011 season.
But recently, K-Rod started thinking about what will happen if he does not close out 55 or more games this year. As a free agent, Kinzer would be back at the drawing board, talking to various teams and trying to put together a good deal for his client. However, K-Rod was not sure that he wanted Kinzer to be in charge of those negotiations.
Last week, Brian Costa of the Wall Street Journal found out that K-Rod was talking to Mets players who were represented by Scott Boras and asking those players what they thought about the services he provides. Further, other agents had been in contact with the Mets closer. Usually, when a player is asked about whether he is considering dropping his agent for a rival, that player will say no, even if he is secretly weighing his options. When K-Rod was asked whether he was considering making a switch to Boras, he stated, “That’s something, I cannot say that. I’m not going to answer that.” That was the first bad sign for Kinzer, who had told the Wall Street Journal that he had spoken to his client several times that week and received no indication that K-Rod was about to switch agents.
Over the weekend, K-Rod switched from Kinzer to Boras. The move certainly has to sting Kinzer, who said the following to the Wall Street Journal prior to his former client officially making the jump to Boras Corp.:
Written by Administrator on Monday, 11 July 2011 06:13
Adam 'Pacman' Jones Arrested Wearing A Neckbrace
Adam 'Pacman' Jones was wearing a neck brace when he was booked into the Hamilton County Justice Center on Sunday. Jones said he just had surgery for a football injury, so it wouldn't have made sense for him to resist arrest. / Provided/Hamilton County Sheriff's Office
The Bengals cornerback was arrested outside of the Scene Ultra Lounge bar at 2:35 a.m. Sunday in the 600 block of Walnut Street on one count each disorderly conduct (while intoxicated) and resisting arrest.
Peter Schaffer, Jones’ agent, said the following " Jones was out celebrating his wife’s birthday with neighbors when another female threw a punch at Jones’ wife. Jones walked up to police and said that he wanted to file charges.
According to accounts from other witnesses, Jones became upset as the woman was walking away and police became more concerned about him. After Jones uttered a couple of profanities at officers, police arrested Jones.
Schaffer went on to say "Jones volunteered to take a breathalyzer and that one was not given. "He did not do anything wrong. For him to go through this is a shame. He’s doing the right thing by not taking the law in his own hands, Schaffer said. Adam has done a great job of changing his image and turning his whole life around. We will explore every possible legal action to make sure the right thing occurs.” Jones agent Schaffer is UPSET and say THEY just may press charges!! I need this NFL lock out to be OVER like right NOW!!! He would have been at camp!! Jones was released Sunday from the Hamilton County Justice Center.
He will be arraigned Monday in Hamilton County Municipal Court.
Well the Bengals cannot have any contact with Jones regarding this incident. Even with a lockout in place, NFL Commissioner Roger Goodell has said that the personal conduct policy still applies, which means based on prior history that Jones could be facing a suspension once the lockout is lifted if found guilty. YOU know how Roger is so Jones may face a stiff FINE behind some foolishness and an OVER zealous COP!! He probably use to get beat u as a kid.....Don't worry about it Pac-Man this sound like it isn't your fault-THIS TIME-LOL!!!
Jones was released Sunday from the Hamilton County Justice Center. He will be arraigned Monday in Hamilton County Municipal Court.Here's the video of Channel 9's interview with Jones outside the Hamilton County Justice Center when he was released.
Here's the video of Channel 9's interview with Jones outside the Hamilton County Justice Center when he was released.: