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Contract negotiation is a crucial service that we at PMC have a proven track record in. The rules currently governing the NBA and FIBA (global market) are constantly evolving. Currently, NBA by-laws dictate that incoming first round draft picks are slotted into salary positions dependant upon where they are drafted. These salaries are guaranteed for the first three years of a player's career. The contract figure can be negotiated up or down 20% from the initially slotted figure.
These rules increase the importance of improving and maximizing one's status prior to the NBA draft. At PMC, we develop an individually tailored draft preparation strategy for each client in order to ensure our athletes are in the best position possible heading into the draft.
Only thirty individuals are fortunate enough to become first round draft picks every year. However, hundreds of new players join the NBA, NBDL and professional leagues around the world annually. In today's market, it is important to be associated with an agent that can open up all possible options for his clients. PMC has developed a global network that we utilize to benefit all of our players. Our outstanding relationships with professional teams in the U.S. and throughout the world set us apart from others in the industry.
The negotiation team of David Cornstein and Marc Cornstein offers many strengths:
Experience:
David Cornstein has been a leader in the private and public sectors for over forty years and has negotiated billions of dollars worth of deals. He has handled several IPOS, advised mayors and governors and has produced superior results for every organization he has led. He has enthusiastically parlayed his talent into the world of sports and is actively involved in each client's career. Marc Cornstein has established a proven track record in negotiating athlete's contracts since becoming a certified player agent in 1993. Marc has been involved in numerous contract negotiations for clients playing in the NBA and throughout Europe (in countries ranging from Israel to Serbia). He has gained a reputation for providing his clients with exceptional deals and fighting for their needs. Marc has quickly become one of the most respected and powerful agents in the industry.
Preparation:
PMC is committed to meticulous research and preparation for a client's contract negotiation. Since knowledge is key to any negotiation, we offer total commitment to researching and understanding any pertinent information that will help the client in his cause.
Network:
Our relationships with franchises and companies around the world provide our clients with maximum exposure. PMC has established a track record that is well respected in the basketball and business communities. This gives our players additional leverage in the negotiation process. When we endorse a client, teams and businesses around the world listen. |
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