Below is a checklist you can use to walk through the process of signing an agent. If you already have an agent, portions of this checklist may still be helpful for reviewing and/or strengthening certain aspects of your relationship with your current agent. If you do not already have an agent, first determine if your current level of play in Basketball requires you to have one.
Choosing an agent:
- Determine what kind of representation you want:
- Large agency or one-on-one representation.
- Comprehensive representation in all matters (business, financial, legal, etc.), or only representation in team-related matters (contract negotiation, etc.).
- Consult FIBA’s list of certified FIBA Agents and ask your national federation, coaches and trusted colleagues about the reputation of prospective agents.
- Conduct a background search on agents you are interested in working with and verify all educational degrees, credentials and/or licenses of prospective agents.
Making an agreement:
- Require your agent to disclose all previous professional relationships to identify any conflicts of interest.
- Create a written contract detailing the terms of the agreement between you and the agent (e.g. length of agreement, payment structure, scope of agent’s role, process for terminating contract, etc.). If an agent is going to handle your finances consider using an independent auditor to conduct regular audits of your accounts.
- Before signing anything, review the contract with an outside lawyer and if necessary, have the contract translated into your native language to ensure you understand the terms and obligations.