Earnings range widely, depending on how many clients an agent has and how
much those clients are earning. Agents' fees are based on a percentage of
their clients' contracts, usually between three and five percent. Some established
clients may earn as much as 10 percent of an athlete's earnings. So, agents
with successful clients earn more.
There are no firm statistics on income for sports agents. Income varies
widely. "You have to know how to market your players and where to market them,"
says sports agent Brendan Neil.
"There's really no [average]," says Jeanne McNulty-King. She is the president
and CEO of an agency that represents female athletes only. "I'm independent,
so it totally depends on the number of girls I represent -- if I have five
girls and I'm making four percent of their salary, or if I have 25 girls and
I'm making four percent."
McNulty-King says the outlook is fair at best for both men and women. "At
least once a day I get an inquiry from people wanting to be agents. So, I
know there's a flood of people wanting to jump into it right now....I think
it would be hard for a guy to break into the men's market because it's saturated,
there's people out there. The women's market, on the other hand, is pretty
new but there's not much money in it right now."
Earnings and employment information from the U.S. Department of Labor is
not available for this field at this time.