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The athlete’s first representative leads the $ 2 billion agency list on NFL contracts

Buffalo Bills’ Joshualen # 17 throws a pass against the Pittsburgh Steelers in the first half at Highmark Stadium on September 12, 2021 in Orchard Park, NY.

Brian M. Bennett | Getty Images

Athlete First is a top sports agency with about $ 2 billion in contracts with 75 active professional soccer players, according to a new survey of high-income agents representing well-known and certified National Football League players. increase.

Athlete First Agent Todd France is at the top of the list, with about $ 1.19 billion in contracts being negotiated among 33 active NFL players. David Mulugheta is also on the list, with $ 830 million in deals with 42 NFL players. Together, the two have over $ 2 billion in active contracts negotiated for Athlete First.

Revenue data was edited by sports betting digital platform Pickswise in collaboration with global marketing agency ICS-digital. Both companies used active NFL player contract information through Spotrac.com, which collects data about teams and player contracts. The survey only collects transactions from prominent personnel and states that NFL agents receive up to 3% commission on NFL transactions. Using that percentage, France estimated that it had deducted more than $ 35 million from active contracts.

Athletes First has negotiated over $ 4 billion in sports contracts and paid a commission of about $ 85 million. Forbes.. However, this revenue survey did not include contracts for retired or cut players or expired transactions.

One of the most prominent active NFL deals is Josh Allen, a Buffalo Bills quarterback who signed a $ 258 million deal over the last six years. The average annual value of Allen’s contract is $ 43 million per season, second only to Kansas City Chiefs quarterback Patrick Mahomes.Chiefs Star signed in 10 years $ 450 million transaction The average annual value per season is $ 45 million.

The Dallas Cowboys quarterback, Dak Prescott, also used Athlete First to win a four-year, $ 160 million contract. Prescott chose to sign a short-term contract and set it up to benefit from a high salary cap when resigning, as the NFL’s $ 100 billion media rights contract will increase league-wide revenue. The current NFL media deal has helped teams bring about $ 309 million each.

The NFL is a high-risk injury sport, with a high rate of injury, and most teams do not guarantee player contracts. Agents support this by asking for as much deposit as possible, including contract deposits.

Considering only the guaranteed money, Allen’s transaction is the highest in the NFL at $ 150 million. Mahomes’ transactions include a $ 141 million guarantee, and Prescott is the third with a $ 126 million guarantee.

Powerhouse Agency Creative Artists Agency Tom Condon has Allen as a client after taking over France. Depart CAA in 2020.. Condon is second in the earnings survey and has contracts with 24 active NFL players for approximately $ 954 million.His fee from the deal is about $ 28 million and the client list includes the Atlanta Falcons Quarterback Matt Ryan..

Mulugheta will be third with a $ 24 million fee, including a deal negotiated with Houston Texans quarterback Deshaun Watson. The contract lasts four years and is $ 156 million (guaranteed $ 110 million).

Up-and-coming agents not in the top 10 include elite athlete management Zeke Sandhu, Wasserman’s Doug Hendrickson (fee of $ 10 million), and Chafie Fields (fee of about $ 5 million) for $ 158 million in active trading. Included from.

Recent field Added Pittsburgh Steelers Star JuJu Smith-Schuster has negotiated a $ 100 million deal with the Cowboys Amari Cooper. Cooper’s deal is the best in the wide receiver NFL.

This article has been updated to reflect Josh Allen’s current agency.

The athlete’s first representative leads the $ 2 billion agency list on NFL contracts

Source link The athlete’s first representative leads the $ 2 billion agency list on NFL contracts

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