Artist management contracts are contracts signed by artists and managers or management teams or companies, and they outline the duties, rights, and responsibilities of both the artist and manager. artist management contracts often give managers limited power of attorney, which allows them to sign agreements or contracts for the artist in their absence if necessary. artist management contracts also specify what expenses the artist is responsible for, and how the expenses will be paid. It is common for a spending limit to be imposed in an artist management contract, requiring a manager to get authorization for expenses over a certain limit. This protects the artist from theft and money mismanagement. Allowing a manager to have too much unauthorized control over an artist's finances puts the artist at risk, as unethical managers may attempt to siphon money from an artist to keep for themselves. Artist management contracts should be reviewed by an experienced attorney to make sure they are fair to all parties.