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Athletes Business Manager
|Overview:||Managers of athletes represent athletes in business dealings with professional team executives. They try to negotiate maximum salaries and benefits for the athletes. They also map out career and business strategies for their clients and recommend financial investments.|
|Duties:||Assess the salaries and benefits of the athletes they represent and compare them with the salaries and benefits of athletes who are equivalent in terms of performance and popularity.
They represent the athletes in contractual negotiations with the owners and management of the professional team. Attempt to maximize the athlete's salary and security.
They propose contract terms and conditions that financially protect the athletes in case of injury and inability to play.
They recommend business investment strategies to athletes that will ensure a successful transition into a new career upon retirement from their athletic specialty.
|Degree(s):||A.A.S. Management: Marketing Concentration
A.A.S. Management: Real Estate-Insurance Concentration
A.S. Business Administration (Accounting and Marketing)
|Job Outlook:||Employment of athletes business manager is expected to grow much faster than average through 2018 as more people go into the field of professional sports.|
|Starting Salary:||Most managers are paid on a fee or commission basis. The higher paid the client is, the higher the income of the manager. Business managers who work full time often receive benefits. Those who are self-employed must provide their own benefits.|
|Salary Range (National Average):||$40,000 to $45,000|
|Education Level:||Training for this occupation generally requires an Associate Degree from a 2 year or community college.|
|Additional Training/Education:||A bachelor's degree in business administration with courses in investment, securities and accounting is the appropriate educational background for this occupation. Many athletic managers are lawyers or accountants or have an interest and experience as a player in sports.|
|Advancement Info:||Advancement for agents and business managers usually is in the form of signing more clients. Some advance by moving to more competitive markets, such as New York City or Los Angeles.|
Understanding acquiring positions in this field may be enhanced through continuing academic study (i.e. earning a baccalaureate or a master's degree) and/or work experience in the field, Queensborough Community College has established transfer agreements with other institutions for students who wish to further pursue their educational goals. Students are highly encouraged to meet with one of our Career Services Advisor to fully understand the opportunities available through study in their degree program.