A number of Wasserman’s agents photographed at the agency’s L.A. headquarters, including 2018 ‘Most Powerful’ inclusions Joel Wolfe, Thad Foucher, Adam Katz, Doug Hendrickson and Darren Matsubara.WASSERMAN

The sports agency business is booming as ever-increasing media rights deals continue to pour profits into professional sports leagues, raising salaries and making seven-figure athlete contracts the norm. The firms featured in Forbes’ 2018 ranking of the World’s Most Valuable Sports Agencies have negotiated a collective $45.7 billion in current professional athlete contracts, netting more than $2.35 billion in commissions, an increase of almost 10% over last year.

Leading the way for the sixth consecutive year is Los Angeles based Creative Artists Agency (CAA), whose $9.3 billion in contracts under management is more than double its next closest competitor. With a $900 million uptick in deals over the last year, the agency now stands to earn $348 million in commissions from its clients- a $30 million increase from 2017. Perhaps more impressively is the rise of CAA’s individual practice areas: the agency’s football ($4.1 billion), basketball ($2.3 billion) and hockey ($1.9 billion) divisions rank No. 1, and its baseball ($1 billion) division ranks No. 3. CAA’s football division by itself would be the fifth most valuable agency in the world.


Source and more:
The World's Most Valuable Sports Agencies 2018 http://www.sanwomi.com/2018/09/the-world-most-valuable-sports-agencies.html