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What does a Sports Agent do?

Sports is a complicated business, and many athletes rely on a Sports Agent to manage their short career span for a lifetime of earnings. Sports Agents specialize in finding and marketing athletes and negotiating employment and endorsement contracts on their behalf. In addition, agents may offer financial guidance.

The sports agent’s job description includes:

  • Handling communications with team owners, managers and coaches
  • Negotiating contracts for both athletic employment and product endorsement
  • Marketing the athlete for product endorsement and public appearance opportunities
  • Advising clients in public relations matters
  • Managing an athlete’s finances, in some cases, providing tax services, investment advice, etc.

sports agent

In order to serve the athlete’s interests, a sports agent needs to understand the professional sports industry and current trends. In addition, the sports agent should have a thorough foundation in business management, financial management and risk analysis and most important, contract law.

Training to become a sports agent

Sports agents generally develop the broad skill set for the job in college. A bachelor’s degree in business or sports management is the first step to a career as a sports agent. Top agents may continue on to a master’s degree in sports agent or management, which offers advanced coursework and project research opportunities. The North American Society for Sport Management (NASSM) maintains a list of universities offering sports management degree programs.

Sports agent or management degree programs include courses in business, finance, public relations and media, as well as sports-specific electives such as:

  • Sports law
  • Risk management
  • Sports media and technology
  • Athletic contract negotiation
  • Sports marketing
  • Federal sports regulations
  • Sport budget and finance

In addition, sports agent or management degree programs may incorporate a professional internship. Many sports agents continue on to a professional law degree, focusing on contract and negotiating fundamentals.

Sports agent careers

Sports agents may work as part of a sports agency or as an independent agent. As a recent graduate, you can break into the business by joining a large agency and working as a scout or recruiter while you learn the ropes. Once you have developed the expertise and industry contacts, you can establish your own agency.

Since sports agents are generally paid on commission, salaries vary widely. A sports agent generally receives a commission between four and 10 percent of the athlete’s team contract and 10 to 20 percent of an endorsement contract. Though these commissions are subject to negotiation between player and agent, some spectator sports set limits on agent terms. The NFL limits agents to three percent of the athletic contract and the NBA sets a four percent limit.

What does a Wedding Planner do?

Become a Wedding Planner and help everyone enjoy the wedding. Take the stress out of the list of things that the bride has to worry about. ¬†As a wedding planner, you can enjoy the happiest moments of many people’s lives every day!

Job requirement: a perfect plan

A wedding planner or coordinator can be a vital element in planning a happy couple’s big day, and helping to relieve the stress of planning a major event such as a wedding. Long before any “I Do” is exchanged, a wedding planner may have been working for months to help organize and execute the details of a wedding ceremony and/or reception.

A wedding has many moving parts. Some of them, like the nuptial vows or the cake-cutting or the first dance, are memorable events that everyone present will be thrilled to experience. But some elements of a wedding, such as orchestrating the catering staff, overseeing the setup of tables and chairs, or making sure that the photographer is in the right place at the right time, are things that the guests, bride, or groom should never have to think about. Enter: the wedding planner, the veritable conductor of this epic symphony of food, flowers, and fun.

wedding planner

Honey, money

A good wedding planner is creative, friendly, and organized to within an inch of their lives. They are stellar communicators, are able to forge and maintain relationships with dozens of local wedding vendors like caterers, DJs, videographers, bakers, and dressmakers, and can work exceedingly well under pressure. Equally important is your ability to adapt to and deal with any last minute snafus.

According to the Association of Bridal Consultants, the wedding industry is a $165 billion industry that is likely never going to go away. People get married, people plan weddings, and, most importantly, people want to maximize their wedding experience while minimizing their spending. Hiring an experienced and savvy wedding planner can help accomplish that.

As a wedding planner, you can earn between 10-15 percent of the total cost of each wedding you plan. With the average cost of the American wedding at around $30,000, you could earn between $3000 – $4500 per wedding, with your annual salar, depending upon how many weddings you coordinate per year.

Many wedding planners own their own businesses and work independently.

Happily ever after

You don’t need a specific educational or professional background to build a career as a wedding planner, though having professional certification may lend you credibility and, potentially, more business. Lovegevity’s Wedding Planning Institute, for example, is an accredited institution that was founded with the goal of providing aspiring wedding planners with a comprehensive education in all things wedding. Many successful wedding planners also have backgrounds in marketing, PR, or event planning.