Where Your Dreams Become Reality
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Subject: RE: Robby Andrews Turns Pro
This is ridiculous on a couple of fronts.
1) How was Webb misguided by Ray Flynn? As far as I can tell Ray got Webb a lot of money out of college when Webb needed the most guidance. Webb resigned with Nike recently. As a 29 year old adult I'm sure Webb had a lot more ability to decide what was best for him.
2) The other way this is ridiculous is the premise that shoe companies will stay away from certain athletes because of their agents. Nike, adidas, New Balance, Saucony are in the business of making money. Endorsement contracts are supposed to help them do this by helping increase value of the brand. If Nike and Adidas are still in the business of making money they will compete for Andrews.
Someone at the Marathon Trials tried to convince me Nike was upset with Ray Flynn because Jenny Barringer singed with New Balance. Good for him and good for her. An agent is supposed to get their athlete the most money possible. If they don't do that they're not upholding their fiduciary duty to their athletes.
This person tried to convince me the New Balance thing would hurt Ray's athletes in the future with Nike. If endorsement contracts are some sort of charity and our sport is full of pettiness between agents and agents yes. But Nike is in the business of making money. If they want to let all of Ray's athletes get picked up by other shoe companies because he took one to New Balance they can do that. However, I don't think they'll do that because they've shown in the past they think it's important to try and sign the top athletes.
There aren't too many shoe companies and there aren't too many top agents. If I was an athlete I would want to make sure my agents was throwing me in as part of a package deal.
So agent X takes 5 athletes to shoe company Y for $500,000. The agent could easily not care too much how much each individual athlete gets. He wants the most money total for the athletes and the shoe company wants to spend as little as possible. So it's pretty important each deal is done individually.
As an athlete my concern would not be, "Ray Flynn got Jenny Barringer too much money from New Balance so Nike is upset with him." I would be thinking "Great. I hope he gets me too much money as well."
The other area of concern I'd have as an athlete is when agents also serve as meet promoters. A lot of the top agents do this including Ray Flynn, Mark Wetmore, and Jos Hermens but it creates a conflict of interest.
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