20 highest-paid sports agents | Top Reviews
Sports figures (players and coaches) cannot be athletes / coaches and still be managers. Therefore, they leave all these worries to the sports manager.
Your favorite athlete has someone behind the scenes, which makes their job easier. Sports agents therefore deserve all the praise they receive because they make life much easier for our coaches and athletes.
In this blog post, we will direct him to the highest paid sports agents and their salaries.
What about a sports agent?
A sports agent is a legal representative who helps represent and manage sports players and their coaches.
Their work includes:
- Recruitment of new players.
- Negotiation of contracts and employment.
- Signing of support and sponsorship agreements.
- Public relations; awareness of social networks.
This is a job description if you ask me.
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Is being a sports agent the right career?
Absolutely. As long as this work is done by sports agents, it is likely that they will have an extremely rewarding and enriching career.
How do sports agents make money?
The amount a sports agent earns also depends on how much the athlete earns.
The sports agent earns on contracts and contracts with players, which reach approximately 3-4% and 10-20%, respectively.
How much do sports agents make?
In 2016, the Bureau of Labor Statistics revealed that the average sports agent earns about $ 89,590 a year, which hasn’t changed much since then.
Again, the price may vary depending on the league, players and other factors.
How to become the best paying sports agent.
This is the way to become the highest paid sports agent.
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It would be nice to get a degree related to sports, law, business or finance.
I personally recommend getting a Sports Management degree because other business courses are included.
2. Get a more professional degree:
The sports industry is competitive and if you want to stay ahead of many people who want to be in the same position as you, you need more professional titles to help you excel.
3. Gain experience in the field:
Following these degrees, aspiring sports agents are expected to attend internship programs to gain hands-on experience in the sports industry.
It is prudent for a trainee to prove that he or she is worthy of providing more opportunities and livelihoods.
4. Always apply for a job and get a job. It’s so simple.
At this point, we come to the juicy part of this blog post, which is a review of the world’s highest paid sports agents.
Below are twenty of them in any order.
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The 20 highest paid sports agents in the world.
1. Scott Boras:
Scott is by far the highest paid sports agent in the world. The competitors and the management of professional teams were very afraid of him.
Scott is a lawyer with $ 2 billion in contracts. Forbes called Boras the richest sports agent in the world.
He controls most baseball players, some of them Stephen Strasburg, Chris Davis, Prince Fielder.
Boras earns over $ 108 million a year in commissions.
2. Constantin Dumitrascu:
In second place, Dumitrascu earns an annual commission of $ 2 million.
The total value of his contracts with players is just over $ 1 billion, which is more than half of what Scott Boras earns.
Dumitrascu currently manages 87 customer contracts, including Douglas Costa, Nemanji Matica, Kante N’Golo, Dimitri Payet, Phillipe Coutinho and Edinson Cavan.
He also serves on the Mondial Sports Council.
3. Jonathan Barnett:
Barnett is the executive chairman of ICM Stellar Sports and a football agent who manages more than 300 clients, making him one of the best agents in the world.
Barnett has contracted $ 1.4 billion for all of its clients and earned a commission of $ 142.3 million.
Clients he manages include Saul Niguez and Mazi Gomez.
4. Jay Z:
When Jay Z doesn’t release an album or manage his business empire, one thing he does is manage athletes.
Jay Z directs about 42 athletes from various games, some of which are Yoenis Cespedes, Kyrie Irving and Robinson Cano.
His total net worth is estimated at $ 1 billion and his commission for a sports agent is $ 28.7 million.
He is one of the highest paid sports agents.
5. Bohatý Pavel:
Rich Paul is the founder of the Klutch sports agency and specializes in basketball. Some of the players he negotiated for were John Wall, LeBron James and Ben Simmons.
These are just three of the twenty-three clients Rich Paul negotiates for.
Paul negotiated up to $ 1.3 billion on a $ 46 million commission in his career.
6. Mino Raiola:
Mino Raiola is a $ 84 million football sports agent on the agency’s commission.
In his agent career, Raiola negotiated up to $ 847 million.
His clients include Zlatan Ibrahimovic, Marco Verratti, Paul Pogba and Erling Haaland.
Raiola currently has a customer base of approximately 77 people.
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7. Jeff Schwartz:
Jeff Schwartz is the founder and chairman of the Excel Sports Council, which specializes in basketball contracts.
Over the years, Jeff has negotiated contracts worth more than $ 1.8 billion and earned up to $ 73 million in commissions.
His clients include Kevin Love, Brandon Ingram, Kemba Walker and Nikola Jokic.
8. Casey Close:
Casey Close made a name for itself as one of the highest paid sports agents in the world, earning $ 63 million in tenders.
Close is a baseball agent and his clients include Walker Buehler, Clayton Kershaw, Zack Greinke and Paul Gold Schmidt.
9. Jorge Mendes:
Mendes leads athletes such as Christiano Ronaldo, James Rodriguez, Jaoa Almeida, Charles Leclerc, Patricia Mamona and Feclenco Morias.
He is very influential and earns around $ 88 million a year.
The value of its players’ contract is just over $ 568 million.
He is one of the highest paid sports agents.
10. Tom Condon:
In 2006, Condon was recognized by sports news as the most powerful agent in American football.
The players he negotiates for include JJ Watt, Calais Campbell, Peyton Manning, AJ Green, Luke Keuchly and Richard Sherman.
The value of the contract for its players is approximately $ 494 million, while Condon earns on commissions of $ 80 million a year.
10. Sam and Seth Levinson:
Sam and Seth are brothers in the baseball company ACES Inc.
Many claim that their success can be attributed to the team, but many do not know that these individual people have also accomplished extraordinary things.
Each manages approximately 60 clients, some of them David Wright, Scott Rolen, Allen Craig and others. Under the watchful eye of these brothers, a contract worth more than $ 500 million was signed.
Their combined commission income for each is approximately $ 67 million.
10. Joel Wolfe:
Wolfe became one of the most powerful agents in world history by negotiating one of the largest contracts in history, Giancarlo Stanton’s 13-year $ 325 million contract with the Miami Marlins.
In total, Wolfe has closed $ 1 billion in business with 47 clients in his account. Wolfe negotiates for clients like Yu Danish and Nolan Arenado and has earned $ 52 million in commissions.
10. Dan Lozano:
Lozano is considered one of the most classified in the industry with a 24 strong customer base and a contract of $ 895.3 million.
The transaction earned him a commission of $ 44.2 million. This baseball agent is affiliated with the MVP sports group with clients such as Manny Machado, Albert Pujols and Joey Votto.
10. Todd France:
Todd is a sports agent for clients such as Grady Jarett, Fletcher Cox and Aaron Donald.
He has negotiated deals worth up to $ 1.5 billion and has a commission of $ 44 million in his name.
10. Adam Katz:
Katz is a baseball agent who currently has clients of 41 sports stars, including Kenley Jansen, Jeff Samardzi and Yasmani Grandal.
Over the years, Katz has been able to offer $ 450 million in contracts with commissions of $ 23 million.
10. Austin Brown:
Austin Brown is co-chair of the CAA Sports Basketball Division with a business and legal background.
His earnings as a sports agent are approximately $ 26 million from contracts worth $ 657 million and $ 2.6 billion from negotiating free agent contracts.
His clients include D’Angelo Russell, Zion Williamson and Karl-Anthony Towns.
10. Frank Trimboli:
Frank Trimboli is a co-founder of Base Soccer before the acquisition of CCA in 2019. Trimbola’s career as a sports sports agent earned him about $ 29 million with bargaining over $ 296 million.
It represents more than 450 clients, including Dele Alli, James Maddison, Kyle Walker, Son Heung-Min and Raphael Varane.
10. Marek Pieper:
Mark Pieper is one of the most respected baseball agents and is widely known for his contributions to the independent Sports and Entertainment Agency.
Over the years, Pieper has negotiated a $ 462 million contract and a $ 32 million commission for 65 clients.
His clients include Patrick Corbin, Jordan Zimmermann and Justin Verlander.
10. Jeff Berry:
Jeff is a co-manager of CAA baseball sports agent and has negotiated record $ 607 million contracts for clients such as Jacob deGrom, Will Myers and Buster Posey.
He made about $ 36 million on these contracts.
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10. Bouna Ndiaye:
Ndiaye is a French basketball agent who has overcome all odds. His career as an agent proves that one can have an incredibly small customer base and still be successful in this business.
Ndiaye has only 7 customers, but has negotiated contracts worth over $ 400 million.
His clients include Evan Fournier, Rudy Gobert and Nicola Batum.
To date, he has earned $ 16 million. In addition, he is one of the highest paid sports agents.
Top 5 questions about the top 20 paying sports agents
Can sports agents bet?
He is unprofessional to play his own game with NBA / NFL agents. And because most agents want to protect their public image and protect more customers, it is very rare for them to do so.
What percentage of sports agents are lawyers?
Not all sports agents are lawyers, and you do not need to have a law degree to become a sports agent.
However, many agents are lawyers because it saves athletes the stress of hiring a lawyer to check the terms of the contract, as well as a sports agent to promote their careers.
Who are the best sports agents without legal degrees?
– The Hendrick brothers.
– Chris Weinke
– Red Grange
How are sports agents regulated?
In 2006, the National Conference of State Commissioners for Uniform Law created the Uniformed Agents Act (UAAA).
It was created to provide a national standard for sports agents and student-athlete interactions in which each state could choose to legislate.
This regulation has been amended over the years.
What is the ethics of sports agents?
A sports agent is expected to be truthful and honest in dealing with customers, but unfortunately this is not always the case because there are agents who have allowed greed to prevail.
This article explains the best paid sports agents.
Which of the above do you find more interesting, beneficial or a topic at your fingertips ?. Please let me know in the comments section below and I would love to read your thoughts.