Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Sports Contracts: Money vs. Years

Details

  • Description

    Sports agent Molly Fletcher on the future of sports contracts.

  • Duration 3:42
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Marketing number joining us now is Molly -- -- sports agent.

Baseball spring training is just -- week here it's starting this week as a matter of fact a lot of players.

Have opted Molly for these one year deals now this doesn't mean trend is that is it good for them is a better for the team what's -- Olympus.

We I think the way to look at it is that it's it eliminates the risk premium owners when you have a one year deal right -- -- the insurance dollars have gone up to ensure a long term contract players -- you're -- more of that and you know it depends on the player depends on the position.

On whether they prefer -- But but is this something being pushed more by the players or by the teams.

You know I think players that believe that there one your numbers are gonna hold up they're gonna wanna do when you're deals because they think they'll get paid -- and I and -- and not long term.

Now let's just gotten Hussein has entered a good bet it seemed like gap we've always play better in the last year the I'm gonna have.

Your -- -- contract you'll do pretty.

Absolutely that's exactly right yet -- I mean I think one year deals.

They create a platform for players sometimes to make more and the truth is when you do -- long term deal you know you're gonna probably leave a little bit of money on the table but 'cause you get that security.

You have but you might also -- some performance on the table again -- you know what I'm not I was -- -- not right well not right now but -- I don't know it feels that way more more more lately or talk about the last -- MB PR -- -- he was clearly these steroid -- -- test but.

It was a technicality.

Do you think its image has been permanently damaged.

You know I think it all comes on how they all human movement forward you know -- I know for a fact that -- players want the game to be clean players want thinking to be pure and to be what it really has.

And I think and certainly owners and -- baseball -- so I certainly hope that everybody deals with that we tighten the process up and the players -- -- again.

-- he did go our sort of -- Merrill type you know you know point finger wagging that pointing at the establishment.

Pointing at the -- them.

Do you think that was a right way to come out come come after this source and -- been somewhat a little bit more humble after all.

And it wasn't that is his his sample was found to be clean it was just that there was a bubble right in the process.

You know I think what he wants is to be expunged -- -- which he has Bannon and I'm proud of and I'm happy for I don't know.

Could you get him could you get a -- endorsement deals right now.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Now obviously on the other end of the spectrum of probably the easiest guy in Iraq right now will be Jeremy land right at that absolutely I think cats then the right way so far -- insanity.

Well I know he's turned a little bit you -- deals down you I think that the biggest thing for him right now it's consistency and he can't forget that the engine behind all of this is basketball.

So they're in seventh place right now I think he's got to get out there continued actually he's got -- -- next into the playoffs.

And if he does those things really well then there in the playoffs he can continue to stay consistent on the corporate you we've got to -- -- turn hours he's got out of Hewlett continue to.

My having five dollars returned are we still sort of in recessionary -- I think we're seeing more -- come back out of the -- little bit but you know what -- need to be really careful with the way that they spend their money with athletes -- with individuals because they in turn connect -- brand of that athlete of that individual.

And they damage for the back Ira.

And of course -- and we have to say with with respected journal and in addition to winning probably had sustainable right -- Molly Fletcher.

Bit by bit and I -- having you here.

Load More