What is a management agreement?

A management agreement is a contract between an artist, performer, or athlete and their manager. It outlines the terms of their working relationship, such as the services the manager provides, the rights and responsibilities of both parties, and any financial compensation. In West Virginia, these agreements may also establish how long the relationship will last, the commission the manager will receive, and any terms related to publicity or endorsements. This agreement will also dictate the percentage of income that the artist, performer, or athlete must pay to their manager, which is typically in the range of 10–20%. It is important to note that, as with most contracts, these agreements should be reviewed and approved by a lawyer to ensure that the interests of both parties are protected.

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