Why Paying Your Basketball Agent More – Not Less – Makes You Richer 💰🏀 (FIBA Rule Change!) #shorts
Feb 2, 2023
Overseas Basketball Agents are a powerful tool for professional basketball players. But with FIBA's new agent rule changes, the Player - Agent relationship has now completely shifted.
For instance, now players - and not professional teams - are responsible for paying agents their FIBA service fee moving forward.
Players can still negotiate that fee with their agents - but it caps out at 10% of the total value of the contract.
That makes for an interesting dilemma: Get the agent with the cheapest fee or get an agent who brings the highest value (with the highest fee)?
Good agents don't come cheap. But in the long-run they will be well worth the investment for you to get started and keep getting repeat jobs in your career.
Like, comment, subscribe for more on overseas basketball! #shorts
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📕VIDEO NOTES📕
◾ 7 Questions to Ask Yourself Before Signing with An Agent (Blog) 👇:
https://www.josecolorado.com/blog/basketball-agents
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