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~ The daily blog written by ITL's Neil Stratton

Succeed in Football

Category Archives: Agents

WSW: Waiting and Watching (TV)

06 Wednesday Aug 2014

Posted by itlneil in Agents

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NFL agent, NFL Prospects

For today’s War Story Wednesday, I thought I’d keep to the theme of player-agent relationships and the ups and downs of building a kinship with a young man that is ultimately futile. Spoiler alert: this is a two-parter, so you’ll have to come back tomorrow for the conclusion.

At any rate, on with the story.

I gained a client in the winter of 2011, a recently certified NFLPA contract advisor, and right away I could tell he was more devoted than most. Intense and focused, he oozed desire, and I came to expect frequent phone calls from him as he had questions on a number of topics. He was, and is, devoted to information and leaves no stone unturned in the pursuit of improving his performance as a player rep; I’ve even recommended him to a big agency seeking prospects for adding to its team. In the course of working with him we became pretty good friends.

As I recall we spoke pretty frequently the summer of 2011, then less frequently through the fall, which is not uncommon. Most of my clients prefer to be pretty close to the vest when it comes to their recruiting targets. However, at some point, he let it be known he had one client he felt pretty secure in signing, a running back at a major Northeastern FBS school. I shared his excitement, though I cautioned him that, until the young man’s bowl game was played and there was a signed SRA, he need be careful about counting his proverbial chickens. Still, it was a big potential ‘get’ for him, a skills-position player from a storied program. This was not a player who was a lock to be drafted, but he had great raw tools, including a sizzling 40 time, despite some off-the-field questions that would have to be dealt with in due time.

It was around November that my friend asked me about someone who’d become a regular presence on the rusher’s Twitter page. I had no idea who this person was and I told him so. The new person was not certified with the NFLPA as either a financial planner or agent, and had the look of a ‘street runner,’ or a person who attaches himself to a prospect, then brokers him to an agency for a fee. This set off some alarms with my friend but he was still confident in his chances.

All the details are foggy almost three years later, but as I recall, the running back returned from his last game on a Friday night. It was at this time that the person my friend had alerted me about, the possible street runner, was announcing on Twitter that he had signed the prospect. They were even on a local radio show together that Friday, touting the player’s draft chances and celebrating his college career.

My friend was beside himself with panic and worry at this point. He had spent months building a close friendship with the player and had even lobbied to get him a coveted spot in a postseason all-star game, a frequent practice by agents during the recruiting process but one that comes with no strings attached. The events of that Friday night set off a 24-hour period that I don’t think I’ll ever forget.

Details and the conclusion of the story on Thursday.

Stops and starts

05 Tuesday Aug 2014

Posted by itlneil in Agents

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NFL agent, NFL Prospects

There’s a lot to talk about when it comes to recruiting. Today I wanted to expand some on the nature of ‘breakups’ in recruiting.

When an agent, or a financial planner, or a combine prep trainer, or anyone in the business decides he’s going to pursue a potential client, there’s a lot that goes into it. The football professional has to make sure the player has NFL ability, and every recruiting decision ultimately turns on that question.  Let’s say the determination is made that the player’s ‘got it.’ Now the pursuit begins.

Most seasoned agents will start with reaching out to a current client playing in the league who knows (or is related to) the prospect. They might also contact a coach on staff for the player. If it’s a less seasoned agent/financial planner/etc., he might just cold-call the player’s family or message him through his school email. In some cases, the first contact will be at a school’s ‘agent day,’ though that’s a very touch-and-go proposition that we’ll discuss at some other time. The point is, a relationship begins to build as regular contact begins. Most often, the relationship initiates sometime in the spring/summer before a player’s senior year, then often continues throughout the fall. Often, a player cuts off contact during the season to focus on the field, but just as often, there’s regular communication between the prospect and the professional. A bond is formed that is genuine.

So here’s the point. The usual media portrayal of a person in the business is of a blood-sucking mercenary who sees players strictly as dollar signs. I can’t tell you how many times people have told me they got into the business because they saw all players as victims of unscrupulous agents, and shows like this just feed that stereotype. It’s a lie, and a lazy generalization. Almost every one of my agent clients and every one of the financial advisors I work with is a genuine human being. So what does that mean? Well, for one, it means it’s very difficult for them to extract themselves from relationships when a player tells him he’s out of the race.

I was talking to an agent yesterday who has had a great degree of success in a short time in this business. He told me a story of a prospect in the ’15 draft who said this week that he didn’t want to go further with the relationship: the young man had decided that my friend would no longer be in consideration to be his agent.

At this point, the agent had already personally flown out to visit him twice. He had met his family. He knew the young man’s parents pretty well, and maybe had even met his siblings. He had spoken to him countless times and they had discussed plenty of things outside of football. This particular agent is young, so I’m sure he identified with a lot of things that the player was going through for that reason. He had watched games from previous seasons and knew exactly what the kid had to work on, and had mentally built a game plan for shoring up his weaknesses. I’m sure my friend already had an idea of how he would market him to teams had he signed him. He had made a real investment in the young man, but it was all over, just like that. My friend compared it to being dumped by a girlfriend. I hear this story all the time.

Now, you may say this is the nature of sales, and you may say it’s the price to be paid for working in a tough business. You would be right. However, as I’ve mentioned multiple times in this space, there’s a human element to this business, and it’s rare that people on the school side (coaches, compliance officials, etc.) give football professionals credit for being people who really care about the players they recruit. If you’re considering a career in football, don’t make the same mistake. To succeed in football, you have to pour your heart into this profession. That’s an awesome thing when you hit the peaks, but a really hard thing when the inevitable valleys come.

Recruiting (cont.)

01 Friday Aug 2014

Posted by itlneil in Agents

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NFL, NFL agent, NFL Prospects

We talked on Thursday about the value of recruiting — really, sales — in the business of football. Today let’s touch on some of the reasons people don’t recruit, or at least don’t recruit effectively.

  • They expect referrals — This is the classic mistake people new to the business make. Getting certified by the NFLPA as a contract advisor or a financial planner is a necessary step if you seek to represent NFL players. However, the NFLPA’s aid in attracting clients is zero. This comes as quite a surprise to many new members of the program. Getting certified doesn’t get you ‘insider’ player ratings, or contact information, or any kind of special access to potential clients.
  • They market to agents — A company introducing new chinstrap technology sponsored a big event at the 2013 NFL combine in Indianapolis. They rented a downtown bar, stocked it with food and free drinks, and invited every agent certified by the NFLPA (around 800). It was a classic rookie mistake. What they got for their money — and this event wasn’t cheap — was a bunch of new agents with no connections, empty bellies and time on their hands. I don’t know anyone associated with the company, and I haven’t spoken to them, but my guess is what they didn’t get was any kind of business from this. If you sponsor an event where agents may congregate (this is commonplace at the Senior Bowl, as well), you will get people coming around to eat your food and drink your drinks. However, the big names and connected people you want to reach will never be there.
  • They trust the wrong people — I have a well-intentioned friend who got certified as an agent two summers ago. He’s a great guy, and exceptionally trusting. For this reason, he’s handed out way too much money over the past year-and-a-half. When you’re certified, your name becomes public, and you immediately start getting cold calls from shysters of every stripe. You’ll have people who want to start combine prep facilities. You’ll have people who call themselves ‘business managers’ as well as other glorified middle men. You’ll have pseudo-financial professionals who don’t show up on FINRA. All of these people will promise access to players, and in most cases, they are insistent that they have a pipeline to players for the foreseeable future, through contacts at a high school or a Pop Warner league or some other youth organization. People with some form of financial resources and a desire to take the shortcut to the top of the football business are easy prey for these people. It’s always amazing how big-name professionals suddenly become naive kids when they enter the football business, and nine out of 10 times, these cons are never reported due to embarrassment.

The power of recruiting

31 Thursday Jul 2014

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NFL agent, NFL Prospects

I was contacted today by a combine prep facility that had a huge 2014 draft class. They really made strides and have good momentum. They wanted to know if we had compiled our master list of top prospects for the 2015 draft class. Our list includes a lot of information that makes identifying top players and communicating with their parents a lot easier; we’re big proponents of doing things the right way. At any rate, it’s a real reminder to me that things don’t ‘just happen’ in the football world.

Here’s an example. There’s a South Florida-based combine facility that had its biggest draft class ever last year. Why is that? Well, one reason is that few gyms do a better job of preparing a player for the 40-yard dash, the most popular measure of pure athleticism for NFL prospects. Their ability to do this is essential, but a bigger reason for their success is that they are take-no-prisoners salesmen. They send out info to every potential draft prospect who measures at all on scouts’ radar screens, from offensive linemen in out-of-the-way places to wide receivers at tiny schools with limited football tradition. However, where they really excel is in calling and wooing agents. They have a white-hot intensity about calling, calling and calling until they get their message across. Of course, they send emails as well, but they go out of their way to try to get voice to voice with as many contract advisors as possible. It’s paid dividends. They add new agencies every year and train lots of athletes (and even train a few with remote NFL chances on a reduced rate or for free).

I think a classic mistake that new people to the business of football make is thinking they’ll get business because they’re really good. This is especially commonplace with new financial advisors who get certified by the NFLPA as part of its licensing program. Sometimes, I’ll talk to people new to the program, and the first thing they tell me is how much money they have under management, and how many certifications they have, and how long they’ve been in the business, and where they graduated from college. Look, LOTS of people in this business have those qualifications. That’s one reason why they’re giving football a go; it’s because of the success they enjoyed with non-football clients. You’ve got to make that connection with young athletes or you’ll fail.

Most people don’t think of working in football as a sales job, but in almost every case, there’s some form of sales to things. I know that’s not glorious and exciting, but it’s no less true. More thoughts on recruiting and the various pitfalls in tomorrow’s post.

A Summer of Sizzle

29 Tuesday Jul 2014

Posted by itlneil in Agents, Scouts

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NFL agent, NFL Scouting

Normally, the period from after the draft until camps start is the ‘low time’ for NFL news. Off the field, however, this is normally a time when major developments take place on the business side, from hiring and firing scouts to movements among NFL agencies. This has been the busiest summer in years for the latter of the two. Meanwhile, we’re seeing major investments with agents who have limited experience levels. Why is this? What are the factors accounting for such transition?

  • The agent business is poorly understood: Few people in other businesses understand the intricacies of the sports representation model. The upfront costs (travel for recruiting, licensing and NFLPA registration, combine training, marketing guarantees and/or signing bonuses) are formidable and it takes a long time to get a return on investment. That’s complicated by the fact that until a contract is signed, the player has virtually all the power.  The agent takes on all the risk. This makes for a treacherous career path.
  • It’s expected that success in this business requires major backing: Businessmen that I’ve encountered seem to accept that they’ll have to pour lots of money into its NFL ventures while not seeing any immediate returns. Once, when I was approaching agencies on behalf of a private equity firm, an agent I spoke to discussed the ‘multiple’ that comes with investing in his company. His message: this business has cache, and its barrier to entry is very high, and the failure rate is even higher, so the pure dollars and cents of the business aren’t the determinant for the investment level he’d need to give up a piece of ownership.
  • It’s a young man’s game: I’m of the opinion that there’s a greater chasm between older and younger generations today than there ever has been, for a number of reasons. This really manifests itself in the agent world. In this industry, you find that agents in their 40s and 50s have less success connecting with today’s athlete. While contract expertise is valuable, it has no value if you don’t have an ace recruiter. Younger agents who were once happy to bide their time with big firms, bringing them top players and accepting what was left over as compensation, aren’t happy with that anymore.
  • This business is really hard, so you want control of your own destiny: The biggest disconnect I’ve seen between the football fan and the football business member is a misunderstanding of the player mindset. There’s a perception that agents and their active NFL clients are always ‘palling’ around, hanging out, and otherwise enjoying a relationship built on mutual respect and fondness. It’s the Jerry Maguire model, and it’s usually not accurate. Typically, the higher the player gets drafted, the less he feels the agent was central to the process, and the more he expects his agent to be out there finding him marketing dollars and otherwise justifying his existence. There’s a sense of entitlement that can be confounding. When you have to deal with that on a day-to-day basis, you want to make sure you’re being compensated at the highest rate possible.

 

NFLPA exam feedback

28 Monday Jul 2014

Posted by itlneil in Agents

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business of football, football agent, NFL, NFL agent

After a few interesting days in Washington, D.C., last week, shaking hands and meeting the people hoping to be members of the 2014 agent class, I got to talking to several people about the test. I’ve compiled a few texts from the test-takers to give you an idea of what to expect if you’re one of those folks hoping to sit for the exam someday.

“It was no joke. . . I was prepared, it was just harder and worded much more difficult than the practice test. LOL my mind is mushhhhh.” — The first part of this sequence (“It was no joke”) was the first response I got from any of the test-takers (I’ve worked with several of them in the run-up to the test) and was completely unsolicited. This is when I first started to understand that this year’s exam was quite a challenge.

“If I have to do it again, I will do it from memory. Open book slowed me down. And I didn’t need to have to look on all of them. Some yes.” — This is a pretty classic response. Having a chance to refer to source materials tends to lessen people’s intensity when it comes to studying. If you don’t have the answer when a tough question comes along, you have a tendency to look it up, which is natural. Where it really trips you up, however, is when you don’t know an answer (or aren’t sure) on a medium or even easy question. You wind up using time you don’t have. Three hours goes quickly.

“It’s tricky definitely. Thank God I double checked and double checked.” — This is a luxury you don’t have if your strategy is to leaf through the source materials and try to find the answers. Review is key but only if you have time left after you finished Question 60.

“I think it went OK. I don’t want to be too confident . . . lol. It took mostly everyone the entire 3 hrs to take it.” — This response came from one of the most prepared test-takers in the room this year, based on what I know. This tells me the test may have been a little tougher than last year. Each year actual certified agents make up questions for the test. Maybe this year they came with a little hotter stuff.

“The questions are worded very uniquely. . . exam was hard to understand. A lot of unnecessary wording.” — Once again, this tells me they made this year’s exam a little harder than previous tests. The wording is always the part that makes things confusing, but it seems the questions this year were layered with more ‘goop’ than usual.

 

The SIF Interview: Renee Farrell

25 Friday Jul 2014

Posted by itlneil in Agents

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NFL agent, NFL Prospects

For today’s interview, we chose Renee Farrell, whose son, Dillon, signed with the 49ers as an undrafted free agent this spring. He’s already shown his versatility with the team as he’s also gotten plenty of time at tackle in the early going.

The Farrell family experience at the University of New Mexico is quite a departure from the experience of last week’s interviewee, Gina Swanson, whose son was drafted out of Arkansas this spring. Gina was effusive in her praise for Arkansas’ efforts to prepare parents for NFL possibilities. That was not the case for the Farrells, who entered the 2013 season with plenty of unanswered questions.


Did it concern you that Dillon was going into his senior season with a team that had struggled and that wasn’t in a major media market? Did you feel that would hamper his NFL chances?

“Absolutely, yes. That was one of our main concerns. I just thought that perhaps it was because they were struggling in the win-loss column. I didn’t know much about the University of New Mexico when he committed, so I just thought, coming from the SEC area, they were also that crazy about football, but it didn’t really turn out that way. I just didn’t know about it; none of us did, so we just thought, when the struggles started happening, that it was a bad omen that things wouldn’t look good, though in Dillon’s wildest dreams I don’t think he ever thought he’d have a chance at the NFL. He had people over the years in high school say ‘I’m going to see you playing on Sundays someday,’ but as a young kid. He’s a pretty humble guy, and he would kind of shake it off. He was just trying to get that college offer.”

What kind of guidance did Coach Davie and/or his staff provide regarding agents?

“I’m not sure how much. I guess that would be a question for Dillon. For us in particular, I don’t remember hearing anything. We knew about some of the after-season all-star games but I would not say we were contacted by the coaching staff about those games. As far as how much it was talked about, that would be something Dillon would know more about than us. Going into the season, we were contacted by the coaching staff, and they told us he had a chance to play pro ball. It was maybe thrown around, but we didn’t really think anything about it. We had a meeting for senior parents with the coaching staff, but it was after the season, there at the end, and they kind of talked about what would happen, how the pro day thing would work, and they would do whatever they could, and work with the guys, but we didn’t know what to expect. We just thought, that’s good, you know? They actually did have (a meeting for parents), but not in the spring (before his senior season). It was more toward the end of the season. Their last couple of games were (on the road), and I know I wasn’t at those games, but it could have been the senior game when we were all in there (and had the parents meeting). The last couple games were away games.”

Going into his senior season, what was your perception of where Dillon would go in the draft? Where did you get that information?

“We didn’t know really much about it. The only info we had about the NFL is when we started getting the (ITL) newsletters. We thought, maybe this is something he can shoot for, and we’ll support (him) in anything (he wants) to do, and that’s why the newsletters were eye-opening for us. I think it would have been awesome to have done those in the spring, only because just in case, I hate to call New Mexico a small school, but maybe the under-the-radar players would benefit from it. I think he was maybe a little afraid to even hope for it. Just having the knowledge of what it was all about and what the process was was invaluable to us. But we didn’t even, I mean, myself, I didn’t even know a lot about the process. You’re thinking, golly, of course he’s gonna go in the draft, and go high. He’s my child! But you just don’t know, and if you don’t know about he process, there’s no way to understand where they might would go. Then by the time we did (sign with) Casey (Muir of CRM Sports Management) and started working out, and the projections were late round or free agent, you just kinda went, ‘OK,’ and it was actually accurate. But we didn’t really have an idea about that.”

For more from Renee on Dillon’s expectation level and how they found the answers they sought, visit Inside the League.

 

NFLPA exam week thoughts

24 Thursday Jul 2014

Posted by itlneil in Agents

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NFL agent, NFLPA

Here are a few thoughts gathered while standing outside the Ritz-Carlton, handing out ITL literature to aspiring contract advisors during their lunch break.

  • According to what NFLPA officials announced at the start of today’s session, there are close to 300 people taking the exam this year. That’s a second straight bumper crop. Last year’s total was in the 300 neighborhood as well, but that was chalked up to the fact that it was the first class post-‘runner rule.’ Many here this year are with big firms, but many are independent. It just goes to show the passion so many have for pursuing a career in sports representation. It remains a very attractive industry.
  • Based on the sample size that passed by me on the way to find lunch, applicants are about 50-50 white and black, about 80 percent male, and probably 75 percent 40 or younger. Probably 30-40 percent looked to be 30 or younger.
  • I think I spoke to 6-8 people re-taking the test after failing last year.
  • It’s a young man’s game, on and off the field. There is at least one 22-year-old and one 23-year-old taking the test this year. So far, it looks like the oldest person taking the exam this year is in his early 50s, and there may be 3-4 more in that age range, but no more.
  • I’m told there’s at least one couple taking the exam.
  • It’s interesting to watch how the various aspiring agents carry themselves and how they dress. There are a handful in shorts and T-shirts as if they’re attending a cookout, but far more in coat and tie or a similar look. The lion’s share are in slacks and business shirts.
  • It’s not all about football here at the Ritz this week. The alt-rock band Nick Cave & the Bad Seeds made its way through the hotel bar last night after a local performance. Give them a listen (I did). They kinda suck.
  • Activities wrap up around 4:30-5 this afternoon, then the applicants return tomorrow for a morning session before the test is administered Friday afternoon.

We’ll have more from the scene tonight at the Ritz and its surroundings in Friday’s post.

 

WSW: All Wet in Washington

23 Wednesday Jul 2014

Posted by itlneil in Agents, ITL

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ITL, NFL agent

Johnstown, Pa.-based Casey Muir of CRM Sports Management is a longtime ITL client who was certified in 2010. Brick by brick, he’s carved out a niche in the business despite launching his agent career without significant financial backing or affiliation with an established firm.

Though Casey has found his way in the business, it wasn’t always such a smooth ride. Take his experience on Exam Day 2010. Here’s his story, in his own words:

“So this was the agent exam of 2010, the last one before the lockout, and it was pouring, an absolute monsoon in D.C. the day of the agent exam.

“I was staying at a friend’s place outside of D.C. and took the Metro in, and when I left my friend’s place, it was not raining. So I get on the Metro, get off the Metro, and it was an absolute monsoon, just a complete downpour. The Metro let me off about four blocks away from the Four Seasons, which is where they gave the test back then.

“I walk through the doors and it looked like I had just jumped into a swimming pool. I was dressed business casual, and my slacks, shoes, socks, shirt, everything was soaking wet. I had my bag and study materials, which were also soaking wet. So I said to the girl at the receptionist’s desk, ‘Do you have a dryer?’ And she’s just looking at me dripping a puddle in the hotel lobby, and she said, ‘Hold on, I’ll be right back, let me get a manager.’

“So I’m standing there and people are coming in with their umbrellas, and everyone’s just looking at me. That’s before I had an iphone, so I had no weather app. We’ll blame it on that.

“But anyway, they’re like, ‘Listen, go in the bathroom and take off what you want us to dry,’ and I take off everything. I think I still had my boxers on. So this dude from the hotel comes in and gives me a robe and slippers, and I’m like, ‘All right, here we go,’ and I’m about to go in and take the test.

“So while I’m putting this robe on, other people are coming in and going out of the bathroom. Another guy looks at me and he’s soaking wet, too, and so he did the same thing. So there’s two of us who walk into the exam wearing a robe and slippers. I have to go through registration in my robe and my Four Seasons slippers. I took the test, and sometime during the test, they brought me my clothes. It was a nightmare, and you talk about embarrassing. . . .

“That’s how I started my career as a sports agent. In a robe and slippers. And now look at me, you know. So no matter what anyone does on that test this weekend, they’re not going to start out any worse than I did, and I turned out OK. I took a selfie in the bathroom of me in my robe. It might have been my first selfie. It was an interesting experience for sure.”

Some exam week notes

22 Tuesday Jul 2014

Posted by itlneil in Agents

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NFL Agent exam, NFLPA

On Monday, we touched on the makeup of the people who’ll be taking the NFLPA exam this week. Today, a few thoughts about the week itself.

  •  The area around the Ritz Carlton in Georgetown is a little barren for pubs and in-and-out restaurants, making quick lunch trips tricky and late-night beverage runs even trickier. That means most folks hunker down at the Ritz and make it their ‘island home’ for the 72 hours or so that they’re in town. At $400-plus/night and around $10 for a beer, that makes for some pretty pricey accommodations. And if you stay over ’til Saturday, make sure not to miss the $45 Yoga brunch! (Just kidding. I have no idea how you combine ‘yoga’ and ‘brunch.)
  • If you’re wondering, no, I won’t be staying there this week. I’m a ‘budget’ traveler. Actually, my wife and kids say I’m a ‘budget’ everything.
  • The relative ‘remoteness’ of the Ritz makes for some interesting stories. After the 2012 NFLPA exam, for instance, a big name in the football business — and this name is instantly recognizable to anyone who follows the industry — was re-taking the exam, and nearly got into a fight with another test-taker shortly after the exam finished that Friday afternoon.
  • If you’re around the Ritz this week, you won’t just be rubbing elbows with future contract negotiation heavyweights. There’s also a former amateur boxer of some note who lives there. Or does he?
  • On a more serious note, the masses huddling in one spot makes for some interesting relationships forming. Many times, the unsuspecting attorney in town to learn the ropes and make a few colleagues meets up with a former runner looking to take the test and find someone with deep pockets, and in short order, (financial) disaster ensues. This is a key lesson to learn in the industry. It’s kinda like the old joke: What’s the best way to make a small fortune in football? Start with a large fortune.
  • Make sure you come back tomorrow for War Story Wednesday. I’ve got the funniest story about the NFLPA exam in the history of funny stories about the NFLPA agent exam.
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