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Indiana doesn't have a general business license at the state level, so there are no fees there. However, your business may need a state-level occupational license or municipal-level license or permit to operate.
Get a degree:Graduate programs in sport management can help aspiring agents secure internships and find opportunities to make new connections. Gain experience: To become a sports agent, you'll need to gain experience in the sports industry in general and in the area you want to specialize in.
To become certified by the NFLPA, for example, agents must pay a nonrefundable application fee of $2,500, have an undergraduate AND post-graduate degree (master's or law), participate in a two-day seminar, and pass a written examination. Agents who start their own firms may need a business license in certain states.
Sports agents generally receive between 4 and 15% of the athlete's playing contract, and 10 to 20% of the athlete's endorsement contract, although these figures vary. NFL agents are not permitted to receive more than 3%, and NBA agents not more than 4%, of their client's playing contracts.
Not all Indiana companies require licenses. However many companies have the option to get a license and some need to. There isn't a universal Indiana company license, rather there are several hundred various certifications, permits, licenses, etc., that give permission to engage in certain businesses.
The simple answer is that agents on the market to find clients are going to need to have other connections. The more reliable the connection, the better. Most commonly, sports agents will work directly with area scouts who have been ranking athletes since middle school and watching talent levels take-off in college.
Steps to Become a Sports Agent Explore your options. There are few different paths your career as sports agent can take. ... Earn your bachelor's degree. ... Consider an internship. ... Earn your state license. ... Purchase professional insurance. ... Consider an advanced degree path. ... Earn league certification. ... Begin your job search.