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In Professional League Sports, Agents Are Limited by the Players

Question 4

True/False

In professional league sports, agents are limited by the players unions on what percentages they can charge for negotiating contracts with teams, which is no more than 20 percent. However, agents can earn more when negotiating contracts for endorsements and other agreements and for coaches and non-unionized clients, because these are not subject to union oversight. Most firms have standard percentages for marketing services, the highest reaching the 50 percent range.

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