I came across an interesting note from the world of agents and NFL contracts.
Osi Umenyiora, the defensive end for the New York Giants who has been lobbying for a new contract, restructured his deal with the team. Umenyiora, however, didn’t sign on the dotted line until he dropped his agent, Tony Agnone.
Agnone reportedly objected to his client’s signing of a below-market contract, precipitating his termination:
“He felt like it was a substandard deal. He felt like I was worth more than that,” Umenyiora said, via Mike Garafolo of the Star-Ledger. “He wasn’t going to allow me to sign something that was substandard in his opinion.” (Via Gregg Rosenthal of NFL.com).
Both men expressed admiration for the other and an intention to work together in the future. Gregg Rosenthal of NFL.com reports that Umenyiora will re-hire Agnone. Rosenthal also points out that Agnone turned down his agent’s fee out of principle.
The lesson here is a reminder of a basic rule of representation: agents, like lawyers, can provide their clients with advice, but the client must make the ultimate decision.