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This is a list of the largest sports contracts. These figures include signing bonuses but exclude options, buyouts , and the endorsement deals. This list does not reflect the highest annual salaries or career earnings, only the top 100 largest contracts and thus is largely limited to athletes in team sports and auto racing .
A sports agent is a legal representative (hence agent) for professional sports figures such as athletes and coaches. They procure and negotiate employment and endorsement contracts for the athlete or coach whom they represent.
The contract had a full no-trade clause and $80 million in deferred payments to be paid by 2029. [182] Just a day later on December 10, 2019, Boras once again set records when he landed free agent Gerrit Cole a contract with the New York Yankees worth $324 million over 9 years. This contract became the largest ever given to a pitcher in terms ...
Since the 1960s, all regular season and playoff games broadcast in the United States have been aired by national television networks. Until the broadcast contract ended in 2013, the terrestrial television networks CBS, NBC, and Fox, as well as cable television's ESPN, paid a combined total of US$20.4 billion [11] to broadcast NFL games.
Also, in 2020, NBA agent Omar Wilkes became head of the Basketball division of Klutch Sports. [16] By the conclusion of their agreement in 2020, Termini had negotiated $1.4 billion in NBA contracts for Klutch Sports clients from 2014 through 2019. [17] In 2021, Klutch Sports Group was named among Time magazine's 100 Most Influential Companies. [18]
As the negotiator behind four of the five largest contracts in team sports history and the pre-eminent agent in the NBA, [20] Falk was a contributor to the spike in player salaries that saw the average NBA contract rise from $330,000 in 1984, the year Jordan was signed, to $4.5 million in 2001, when he stepped down as Chairman of SFX Sports Group.