Jerry Maguire Essay

Students must(prenominal) secure (purchase, rent, or borrow) and view a facsimile of Jerry Maguire to answer the following questions1. Describe Jerry Maguires job and describe what this causa of position entails.Jerry Maguire is a sports ingredient a person who negotiates employment and warrant deals for an athlete. For their services, the encourager receives a commission, which usu all in ally runs between 4 and 10 percent. The agentive role also may assist in public relations and all aspects of his clients finances.Our text states a few of the other(a) responsibilities of the agent atomic number 18 find outs the value of the players services Convinces a club to pay the player the aforementi stard value Develops the package of compensation to suit the players urgencys Protects the players rights under contract Counsels the player or so post charge security, both financial and occupational Finds a spic-and-span club upon the players free delegation Assists the player i n earning extra income from endorsements, speeches, appearances, and commercials Advises athletes on the effect of their personal conduct on their c atomic number 18er (p 26)According to Wikipedia, a sports agent helps market athletes or products associated with that athlete to promote an athletes career. Agents are responsible for communications with team owners, managers, coaches, and other individuals. Primarily, agents are used to broker and negotiate contracts for their clients. Also, they are responsible for devising recommendations in regards to the athletes options. In addition to finding income sources, agents a good deal handle public relations matters for their clients. In some large sports agencies, such as IMG, Creative Artists means, and Octagon, agents deal with all aspects of a clients finances, from investment to filing taxes.Sports agents may be relied upon by their clients for guidance in all melody aspects, and sometimes even more broadly. For example, hocke y agents detonate recruiting clients as young as 15, allowing the agent to guide the athletes career before the NHL draft, which happens ordinarily at 18 years of age. due to the length and complexity of contracts, legion(predicate) sports agents are lawyers or have a background in contract law. Agents are expected to be informal about finance, pipeline management, and financial and risk analysis, as well as sports. It is important for a sports agent to follow trends in sports. Other skills an agent must possess are excellent communication and negotiation skills. Agents must be highly motivated, giveing to work long hours, and have the efficiency to multitask. It is very common for agents to be in negotiations on behalf of several clients at one time.Some agents are part of large companies, and some are on their own. The number of clients an individual agent can handle and how many clients his or her employing agency can handle in total are interdependent variables.Before the 1990s, most soccer players did not use agents. In some cases, they used their fathers as agents. Due to most parents naivet about the football game fear, these young footballers were often given less-than-stellar contracts by football clubs, which yielded lower salaries than they legal opinion they deserved. In Sweden, on that point were only three authorize agents in 1995. As of 2002, there were 33. According to FIFA, there were 5,187 licensed association football agents world-wide, with 600 agents in Italy alone. Since 2001, agents have not been licensed by FIFA. Instead, agents are now licensed directly by each association. http//en.wikipedia.org/wiki/Sports_agent2. Why has the bargaining power of athletes change magnitude so much in the past 40 years?The sports industriousness is experiencing tremendous harvesting, and sports merchandisingis playing an important role in this appear industry. Sports marketing will continue to grow in importance as sports become more perv asive in the U.S. culture and around the globe. The egression is identified in a number of ways the number of spectators, the growth of media coverage, increase in sport participation, rising employment opportunities, and the growth in sports internationally. (p31) Based on this it is my opinion that the bargaining power of athletes have increase because demand has increased.3. The competitive nature of the sports agency business is real. Name five of the tip agencies and show the source of your information (i.e. www). Creative Artists Agency CAA acquired various pieces of the sports agency business of SFX (see below), starting with football. IMG International Management theme corporate agency established by entrepreneur stone McCormack, primarily with a specialization in golf and tennis. After the death of McCormack the caller-out was acquired by private equity group Forstmann Little. International Sports Management British sports agency run by former European Tour lin ksman Andrew Chubby Chandler.27 Octagon Worldwide Full-service sports agency and event marketing group, traded with advertising and marketing companies in the Interpublic Group. Priority Sports and Entertainment- Agency representing the most NBA players, run by Mark Bartelstein. Rosenhaus Sports- sports agency run by Drew Rosenhaus. Sports Management Worldwide (SMWW) international sports agency founded by Dr. Lynn Lashbrook. Wasserman Media Group acquired Arn Tellems basketball agency from SFX, and usually represents the most players in NBA lottery draft each year. I take int know if these are the natural elevation five but there are quite a few of these names that keep dada up. http//en.wikipedia.org/wiki/Sports_agent4. Complete an Internet search of the Sports Agent career and describe how one could/should trope a career in this industry (include source).Instructions1. break up an undergraduate degree program in sports management. These courses will prepare you for mo st jobs in the sports agent field. Most professional federations take up at least(prenominal) a four-year degree from an accredited university. Take as many business management and entertainment or sports law courses as you can during your education.2. Determine what sport you want to be an agent in. Understand that the National football game League requires that sports agents hold a post-graduate degree in sports management, human relations, business management, personal finance or a related field. Check with the coalition or professional sports organization you aspire to work for to understand particularized qualifications.3. Find out about the various qualifications for sports agents in your preferred field. individually authority agent should have information regarding educational requirements, sports league rules, salary information, recruiting information, support fees and membership costs.4. Seek certification information on the league or professional organization i n which you wish to work. Most leagues require some kind of certification, including the National Basketball Association (NBA), National football League (NFL) and Major League Baseball (MLB).5. Study for the certification analyze for the league or organization you wish to join. Each organization will have resources for certification courses that can help you prepare for the exam.6. Pay the certification fee and take the respective exam of the organization you aspire to be certified in.7. Obtain liability insurance, as this will be passing important in your sports agent career. Some organizations require this of agents, while others do not specify it. Having it will be beneficial in curious for clients and ensure your own legal security on the job,8. Meet as many agents, players, coaches and media figures as you can. Networking is a huge part of the sports industry and the high hat agents know how to sell themselves to players to gain clients. Get a good business card and give it to anyone that could be a potential client or lead you to a potential client.9. Search for internships or entry-level positions at an agency or at the sport organization where you wish to work. Internships can be an excellent way to meet potential clients and since you will already be certified, you can immediately start to network yourself as a potential representative.10. Start attending college and even high school sporting events in your area and scouting potential clients who may be in need of representation. Securing a client early will (if they are talented) help you build a name. Make sure you stay within the guidelines of district or National Collegiate Athletic Association (NCAA) regulations for scouting.Read more travel for How to Be a Sports Agent eHow.com http//www.ehow.com/how_6755412_steps-sports-agent.htmlixzz2AWCVixFe5. Locate and list five of the top sports agents (include source).Scott Boras Scott Boras CorporationArn Tellem WMG ManagementTom Condon CAA Spor tsDrew Rosenhaus Rosenhaus SportsDon Meehan Newport Sports ManagementThe top five that I found were from askmen.com but I do not know trustworthiness of this information. I did read on these five and they do have some big names behind them. http//www.askmen.com/top_10/sports/top-10-sports-agents_10.htmlAnother web site I visited had Arn Tellem, Bill Duffy, Tom Condon, and Tom Reich as the top agents. http//www.become-a-sports-agent.com/career.aspShank, D. Matthew. Sports Marketing, A Strategic Perspective. 4th Ed. New Jersey Pearson Prentice Hall, 2009. Print.