Jeremy Lin’s Agent Making Money

Yet another Lin story. The agent makes a mark. He gambles on a player who doesn’t get drafted like Jeremy Lin. This means no guarantees unless he gets picked up and Roger Montgomery doesn’t get paid. He has 1 player in the NBA, 2 in Europe and Lin. Check out the terms for agents as seen in the NY Times. “Indeed, for agents with only one or two clients — with income derived from fees of up to 4 percent they receive on player contracts and up to 20 percent on endorsement deals —”

Basically, the reason to post this… now look who’s smiling. (NY Times – Montgomery)