[Haynes] SGA has parted ways with his agent & intends to represent himself

[Drygon]

Lol, SGA did not want to give his agent 10% of that incoming $360M supermax deal.

Edit: I was wrong, the agent fee is actually 4% in NBA

Read on Twitter

[Black Jack]

What's the saying about a man who is his own lawyer

j/k SGA

[zero rings]

These dudes are taking 10%?

If that’s the case, every player in the league needs to fire their agent.

[zimpy27]

LoL I get it

[Dr Aki]

In before he signs with Klutch

[ejftw]

What's the saying about a man who is his own lawyer

j/k SGA

Worked well for Dwight Manfredi

[zimpy27]

These dudes are taking 10%?

If that’s the case, every player in the league needs to fire their agent.

Well agents have access to GMs on other teams, something a player can't have.

For a surefire max deal guy it doesn't make sense to have an agent unless it's for getting marketing deals.

[Drygon]

These dudes are taking 10%?

If that’s the case, every player in the league needs to fire their agent.

Nope, my fault. They are taking 4% per the rules is NBA.

The NBA Players Association limits agent commissions to 4% of a player’s salary. While that might sound small, the numbers become significant when you consider the scale of today’s NBA contracts. For instance, an agent negotiating a $100 million contract will earn $4 million just from that one deal.

https://thesportseconomist.com/behind-the-scenes-2024-nba-agent-salaries-revealed/

For a surefire max deal guy it doesn't make sense to have an agent unless it's for getting marketing deals.

Haynes said he would still be represented by Simon G from Isla Management for all off court stuff

[SharoneWright]

These dudes are taking 10%?

If that’s the case, every player in the league needs to fire their agent.

Shai’s number is predetermined. Other players get at least some benefit.

[mademan]

ya if youre an auto max/supermax guy, giving 4% to someone to do nothing there is pretty ridiculous. Just hire a couple lawyers to read the contract for a fraction of a fraction of that 4%

[zero rings]

These dudes are taking 10%?

If that’s the case, every player in the league needs to fire their agent.

Nope, my fault. They are taking 4% per the rules is NBA.

The NBA Players Association limits agent commissions to 4% of a player’s salary. While that might sound small, the numbers become significant when you consider the scale of today’s NBA contracts. For instance, an agent negotiating a $100 million contract will earn $4 million just from that one deal.

https://thesportseconomist.com/behind-the-scenes-2024-nba-agent-salaries-revealed/

For a surefire max deal guy it doesn't make sense to have an agent unless it's for getting marketing deals.

Haynes said he would still be represented by Simon G from Isla Management for all off court stuff

Still way too much. A player like Shai would get a max offer from all 30 teams without so much as an interview. I’m not paying a lawyer ~15 million to proofread my contract lol

[Black Jack]

4% may be too much but I do think your average ball player having an agent is a good idea.

I would just negotiate them down. 4% up to $100M then it goes down a lot.

[JustBuzzin]

He Gone!

Luka/SGA the Lakers did it again!

[shotsquatch]

Why do players hire agents? Think about it this way: if my agent gets paid a portion of what I earn, he is heavily incentivized to find ways for me to make more money.

[Dominator83]

Smart business man. Sign the contract and THEN hire an agent for promotional stuff

[mademan]

Why do players hire agents? Think about it this way: if my agent gets paid a portion of what I earn, he is heavily incentivized to find ways for me to make more money.

Sure. But if youre a max guy, there's not much your agent can do. And you can get an agent to for everything besides your NBA contract

[djsunyc]

[Myth]

What’s his next contract going to be? Roughly $250M? 4% of that is $10M. I bet he’ll get an agent again after signing for a few years just to arrange other sponsorships. But I would think he could just get an agent now with that stipulation.

[Jasen777]

They are lots of things other than salary that can be negotiated in contracts and it's probably best for a player not to do that on his own. But for someone who will be handed a max they should get an agent to accept a flat fee for their role that is much less than 4%.

[azcatz11]

This is like hiring a realtor who takes 3% automatically and does nothing. SGA is a smart man