Not at all sport agent are licensed attorneys,but several are,and for good reason: It allows them to understand the law as it pertains to sports and contact negolation and allows them the opportunity to earn extra income as an attorney for athletes. Agents that also serve as attorneys not only help when a player gets in legal trouble, but when its comes to setting up wills, trusts, prenuptial agreements and filing business documents, as many athles are also entrepreneurs.