Truth & Rumors > NFL

Only one top prospect enters draft sans agent

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06:55 AM ET 04.22 | Matt Elam, in addition to a whole lot of talent, will take one significant designation with him into the NFL Draft. The safety who played three years at Florida before deciding it was the right time to leave school is about to receive a lot of money after he is drafted, and unlike every other player who is eventually selected in the same round as him, Elam may not have to pay a portion of his salary to a football agent. ... Elam has not signed a Standard Representation Agreement ("SRA") with an NFLPA certified Contract Advisor. That means he will not have to pay up to three percent (3%) of his salary to an agent. There is nothing normal about this situation.

Forbes.com

Matt Elam, Icon Sports Matt Elam, Icon Sports
April 22, 2013  07:16 AM ET

No lawyer? I like the way this guy thinks. He's probably about to get screwed, but maybe he'll be a trend setter.

April 22, 2013  08:11 AM ET

Or, he hasn't decided yet which loudmouth will represent him.

April 22, 2013  08:23 AM ET

Nope, his brother played several years in the NFL and has been advising him. Also, this guy was a finance major in college and doesn't feel an agent brings anything to his team. Sounds like he'll be just fine.

April 22, 2013  08:23 AM ET
QUOTE(#1):

No lawyer? I like the way this guy thinks. He's probably about to get screwed, but maybe he'll be a trend setter.

He is like all of them. He has already hired a PR guy, a publicist and marketing research team. Only difference is his brother appears to be doing some pro bono work for him.

April 22, 2013  08:58 AM ET
QUOTE(#4):

He is like all of them. He has already hired a PR guy, a publicist and marketing research team. Only difference is his brother appears to be doing some pro bono work for him.

Or is this just a posse dressed up in suits?

April 22, 2013  09:07 AM ET
QUOTE(#1):

No lawyer? I like the way this guy thinks. He's probably about to get screwed, but maybe he'll be a trend setter.

Nah! The kid left school early, and it wasn't for altruistic reasons. He smelled the money. I Don't blame him at all, that first contract is written by the new CBA slot rules.

April 22, 2013  10:49 AM ET

You'd think it would be worth 3% just to be able to say in conversation, "You'll have to talk to my agent about that."

April 22, 2013  11:18 AM ET
QUOTE(#3):

Nope, his brother played several years in the NFL and has been advising him. Also, this guy was a finance major in college and doesn't feel an agent brings anything to his team. Sounds like he'll be just fine.

The duration and price of your contract are still basically slotted by your draft position, right? Just some particulars to work out, so he might be okay.

But he probably needs to get an agent before his next contract.

April 22, 2013  11:31 AM ET
QUOTE(#8):

The duration and price of your contract are still basically slotted by your draft position, right? Just some particulars to work out, so he might be okay.But he probably needs to get an agent before his next contract.

All true, and you can bet he will.

 
April 22, 2013  10:57 PM ET

Wish him good luck, but 3% isn't unreasonable to negotiate a good contract.

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