Have you ever imagined how much MLB agents earn while getting deals for their players? Well, most baseball fans might not know the answer to the rather widely asked question in Major League Baseball. But this time, none other than MLB legend, Alex “A-Rod” Rodriguez, has opened up about the agents’ cut in any players’ contract.

For any sport to succeed in the mainstream, money plays a huge role. And when it comes to professional leagues, economics is probably the most vital aspect. In such leagues, both players and their respective teams, or owners, earn a whopping amount of money. When talking about Major League Baseball, nowadays, spending $300 million on a single player is not that big a deal for the owners.

But there is always a third party between the owners and players; the agent. Almost all MLB players hire an agent to represent themselves against the club owners, who they hope will negotiate the best possible deal for them.

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Alex “A-Rod” Rodriguez on MLB agents’ earning

Recently, when the Yankees’ legend made his appearance on Jason Tartick’s podcast, he revealed the amount of money that an MLB agent earns. A-Rod said mostly the agents’ cut is 5% of the yearly contract. For example, if a player signs a five-year deal with any team, the agent will get per year 5% of the amount agreed upon, until the contract doesn’t expire.

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“Generally, it’s a 5%. Cut. Okay, so if somebody makes a $100 million contract, you get paid 5 million. And you get paid pro-rata exactly when the player gets paid,” A-Rod said. “So if it’s a 10-year deal, and you make $10 million a year, the agent would end up making a million dollars, you know, actually, in this case, not 1,500,000 For 10 years in a row.”

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Earlier before the MLB lockout, super-agent Scott Boras got the best possible contracts for his clients: Corey Seager, Max Scherzer, and Marcus Semien. And now, star free agent, Carlos Correa, has also hired Boras to represent him in MLB. Once the lockout ends, we’ll get to know how big of a deal Boras gets Correa.