An NBA agent is responsible for negotiating contracts, managing endorsements and appearances, and advising players on their career. The average annual salary for an NBA agent is $2 million. However, the top agents can make much more than that.
For example, super-agent David Falk negotiated a $105 million contract for Michael Jordan in 2001.
An NBA agent typically earns a commission of 4-10% on the player’s contract, which means they can make a lot of money if the player signs a big contract. The average annual salary for an NBA agent is $1.8 million, according to Forbes.
How Do NBA Contracts Actually Work? | Ringer PhD | The Ringer
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How Much Does an Nba Agent Make
An NBA agent typically earns a 4% commission on the player’s contract, which means they would make $400,000 on a $10 million deal. However, agents also earn commissions on endorsements and other agreements that their clients may sign. The total amount an agent can earn varies depending on the client’s success and popularity.
Conclusion
An NBA agent’s take-home pay can vary widely, depending on the size of the agency they work for, their experience and the number of clients they have. The average commission an NBA agent earns is about 3%, which means that if their client signs a $100 million contract, the agent would take home $3 million. However, most agents also work on a contingency basis, meaning they only get paid if their client signs a contract.
For example, if an agent spends months negotiating a $100 million contract for their client but the deal falls through, the agent won’t earn anything.