How NFL star Richard Sherman negotiated his $39 million contract without an agent. via CNBCMakeIt
As an NFL veteran entering his eighth season in the league, Richard Sherman knows the ins and outs of a solid contract.
"One of the main reasons I had decided to represent myself in negotiations was because I knew it would be a big challenge, and I never shy away from a challenge," he writes for The Players' Tribune."But also, I wanted to be represented by somebody who was going to look out for my best interest and nothing else. So I thought, 'Who better than me?'"
After making up his mind that he was going to negotiate his next contract without an agent, Sherman says he did his own homework to ensure that he'd agree to the best deal possible. In his previous contract with the Seahawks, he'd had no guaranteed money for the 2018 season. In his newly-signed deal, he's guaranteed a $3 million signing bonus up front. He will also receive an additional $2 million bonus if he passes his physical before November 11, which is the last day a team can pull a player off the Active/Physically Unable to Perform list.
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