If you don’t follow college football, you may not be familiar with Baker Mayfield. He is the quarterback for the University of Oklahoma, the reigning Heisman Trophy winner, and a player who is expected to be selected in the first round of April’s NFL draft. What is his relevance to the pages of FanGraphs? Well, what is interesting to me about Mayfield is that he might not hire an agent to represent him.
Writes Mike Florio of NBCSports:
The argument against hiring an agent is simple: Thanks to the rookie wage scale, contracts for incoming players basically negotiate themselves. (Also, agent fees are no longer tax-deductible.)
Earlier today, Nathaniel Grow addressed the difficult situation in which the players union has found itself vis-à-vis owners. “The MLBPA Has No Leverage,” is how Grow titled that post. With baseball having introduced limits on amateur spending and having added recommended bonus for draft bonuses, it’s possible that more high-profile baseball prospects will question whether or not an agent is necessary when entering professional baseball. Several recent first-rounders like Hunter Harvey and Kyle Parker opted to negotiate for themselves and to varying degrees of success.
While negotiating pro contracts for amateur baseball prospects is more complicated than in, say, football as teams try to gauge signability and maximize their bonus pools and agents filter information for prospects, etc., what happens when negotiating major-league contracts becomes less and less about art and more and more about science? How will player representatives add value then?
Is it possible, to borrow Grow’s language, that agents have no leverage, either?
Read the rest of this entry »