ESPN Reports Rashan Gary to Start Own Sports Agency
ESPN article on Rashan Gary Sports Agency. Rashan decided to change the economic model of sports agency to reduce the agent burden. His Mom, a licensed agent and a marketing employee seem to be involved. He has signed one other athlete besides himself. Go Rashan.
http://www.espn.com/nfl/draft2019/story/_/id/25823290/rashan-gary-eyes-legacy-own-sports-agency
January 22nd, 2019 at 3:19 PM ^
Rashan may need to return to Ross Business School to finish up instead of that General Studies program.
January 22nd, 2019 at 3:48 PM ^
I don't know; I think it's pretty smart. NFL rookie contracts are a pretty well defined scale based on where you are selected (with only a couple finer points that end up being some sticking points like in the Joey Bosa rookie deal). By and large there isn't a tremendous amount of negotiation that takes place where sports agent experience would have a larger impact (as evident by the overall drop in rookie training camp holdouts since the rookie cap was installed back in like 2011). Save some money on the first deal and either (a) get an agent for your second contract; or (b) take the time to learn more about the process during your first few years in the league. Smart young man.
January 22nd, 2019 at 4:04 PM ^
From his MGoBlue.com bio:
Enrolled in the College of Literature, Science and the Arts, majoring in General Studies; also pursing the Marketing and Sales Track Certificate from the Stephen M. Ross School of Business.
January 22nd, 2019 at 9:35 PM ^
Did/will he actually graduate though? It would mean more if he did.
January 22nd, 2019 at 9:05 PM ^
I'm continually amazed at how so may of our own fans do not understand what General Studies is.
BGS can be pretty much any course of study. It's popular among athletes because it allows them to fit classes around their practice schedule (if you're a football player, you're practicing from 2-6 five days a week) but that doesn't mean everyone in it is taking blowoff classes.
January 23rd, 2019 at 8:10 AM ^
No kidding. When I was at Michigan I got a biology degree, which isn’t engineering but certainly very respectable looking. I looked into a BGS and learned that you actually have to take more 300 and 400 level classes than my biology major. I decided on bio because that almost exactly mirrored my dental school pre-recs.
I know 2 people with BGS degrees. My dad, who wound up in dental school amd retired at 55 and my freshman year roommate, who went to Harvard Law. I think the BGS did ok by them
January 23rd, 2019 at 12:42 PM ^
Former Gov Snyder has a BGS. I think he did ok.
January 22nd, 2019 at 3:19 PM ^
Good luck to the young man.
If JayZ couldn't do it . . . . it may prove harder than it looks.
January 22nd, 2019 at 3:27 PM ^
Jay-Z couldn't do it?
Roc Nation has a decent amount of clients, including a few big names like Kevin Durant, Saquan Barkley, Robinson Cano, Leonard Fournette, Todd Gurley, and more.
January 22nd, 2019 at 3:31 PM ^
LOL you might want to check those RocNation numbers and client list buddy.
January 22nd, 2019 at 3:39 PM ^
Care to elaborate? Both Wikipedia and the Roc Nation site are showing those I listed as clients.
January 22nd, 2019 at 4:11 PM ^
He's on your side.
January 22nd, 2019 at 4:41 PM ^
Gotcha. Thought it was directed towards me.
Jay-Z seems to like Michigan bball players too. Representing Levert, Burke, Wagner, and Jalen Rose
January 22nd, 2019 at 6:34 PM ^
Yeah BUDDY!!!!!! BUD DEEE!!!!!! BUHHHH DEEEEE!!!!!!!!!
January 22nd, 2019 at 3:33 PM ^
Depends how you define success, he’s already a millionaire he doesn’t need to be Jerry Maguire. I think the NFL caps agent commissions at 3 pct and rookie contracts are pretty constrained. I think miles garrret had a contract for 30M over 4-yrs as a number 1 pick in 2017. Say Gary gets half that. He’d save 450k by representing himself. I’d count that as a win even if nothing else ever came of it.
January 22nd, 2019 at 3:40 PM ^
My thoughts exactly
January 22nd, 2019 at 5:11 PM ^
(That's assuming that he negotiates himself the same dollar amount as could a more experienced agent)
January 22nd, 2019 at 5:38 PM ^
The 2011 collective bargaining agreement rendered this issue mostly moot. There is now a rookie compensation pool that basically predetermines player compensation as a function of draft slot. What remains are bonuses and minor clauses. Even then the contracts aren’t hard to find so you could look at all the contracts that are out there and understand what lies within the realm of possibility and negotiate from there. Voila, you’re an agent!
Regardless of all that, total contract value and major clauses are pretty locked down. The NFL doesn’t want their cornered market to be unfettered, this isn’t ‘Nam.
(LINK)
January 22nd, 2019 at 5:15 PM ^
"If a former crack dealer couldn't do it then nobody can!"
January 22nd, 2019 at 3:20 PM ^
This was good news in mid December when it hit the boards.
Still, always good to see the Michigan Entrepreneurial difference in action. (While he wasn't a Ross grad, I think his focus was on Entrepreneurship or something similar).
January 22nd, 2019 at 5:09 PM ^
Thanks for posting this cause I was starting to wonder if I imagined things. I knew this wasnt "new news" but for a repeater post to go almost 15 comments with nobody posting the Dumb & Dumber "we landed on the moon" meme made me question myself.
I guess people must've missed it the first time so good on the OP for refreshing everyone's memory. And good on you for letting me know early stage dementia hasn't quite kicked in yet.
January 22nd, 2019 at 6:12 PM ^
Yes, this is old news and he started his agency days after he announced he was turning pro. ESPN is just trying to fill content in the non-football week.
January 22nd, 2019 at 6:25 PM ^
Sort of why posting this doesn't bother me. It is a current article and things are slow on the board.
January 22nd, 2019 at 6:20 PM ^
Agree on the Michigan Entrepreneurial difference in action. His mom is prez, iirc, so that's good. I just hope he keeps his focus on football, cuz there's obviously a LOT of competition in the NFL.
Stay focused young man and Go Blue!
January 22nd, 2019 at 3:21 PM ^
I'm pretty sure his mom is not an agent.
January 22nd, 2019 at 3:25 PM ^
Yeah that's poor phrasing on the part of the OP. His mom is involved with the company, but they have an actual licensed agent as well.
January 22nd, 2019 at 3:57 PM ^
Gary wants to get rid of the agent burden but has an agent runnng the company?
January 22nd, 2019 at 5:06 PM ^
Are we still doing phrasing?
January 23rd, 2019 at 8:15 AM ^
Not poor phrasing, but poor reading of punctuation.
January 22nd, 2019 at 3:41 PM ^
His mom is an agent, and it's very sad, but they haven't been allowed to speak in 3 years. #NCAAHatesFamilies
January 23rd, 2019 at 8:13 AM ^
I think you forgot to read the comma correctly. It is a list of three, Mom, agent and marketing rep, not two which would be Mom who is an agent and a marketing rep.
January 22nd, 2019 at 3:21 PM ^
I don't blame the OP, as this seems to be hitting a whole bunch of news outlets the last day or so, but this is old news. Strange that it's all being reported again a month later.
https://mgoblog.com/mgoboard/rashan-gary-starts-own-sports-agency
January 22nd, 2019 at 3:26 PM ^
Sorry folks:
I missed it while I was recovering from my heart attack.
January 22nd, 2019 at 3:26 PM ^
Sorry folks:
Double post.
January 22nd, 2019 at 4:13 PM ^
Moose out front shoulda told you...
January 22nd, 2019 at 5:30 PM ^
EQ, please tell me you forgot to put an '/s' after your heart attack comment.
January 22nd, 2019 at 9:20 PM ^
Same.
January 23rd, 2019 at 7:29 AM ^
Nope. Had one on 12/7. See link below for those of you that missed it. Chest pains to Blockage = Heart Attack.
https://mgoblog.com/mgoboard/mgopsa-announcement-way-ot-chest-pains
January 22nd, 2019 at 3:36 PM ^
He plans on starting it but there is a good chance Kwity Paye will heavily rotate in and finish.
January 22nd, 2019 at 3:44 PM ^
some say Rashan will have trouble "shouldering" the agency alone
January 22nd, 2019 at 3:44 PM ^
Old news
January 22nd, 2019 at 4:15 PM ^
Keith Jackson died....
January 22nd, 2019 at 3:54 PM ^
Oh boy....this could get far off topic....
January 22nd, 2019 at 3:58 PM ^
OMG! Did anyone see that Bill Clinton was elected president?
This isn't as bad as the guy who posted a thread that Keith Jackson died a few weeks ago.
January 22nd, 2019 at 4:13 PM ^
At least the “news” is more timely. One month late as opposed to 1 year. Progress.
January 22nd, 2019 at 4:23 PM ^
As I mentioned above, every sports news outlet is reporting this story today. I can't fault the OP for seeing a Michigan story all over the internet and bringing it to the blog.
https://apnews.com/b4bc64cd1f2147e981271acf956eb333
https://profootballtalk.nbcsports.com/2019/01/22/rashan-gary-started-his-own-sports-agency/
January 23rd, 2019 at 8:18 AM ^
Thanks Reggie. There was more content in the stories yesterday than in December.
January 22nd, 2019 at 4:13 PM ^
RIP Keith.