The last thing that the University of Southern California needs is another controversy involving agents, but that is exactly what the institution has on its hands. We are not talking about Reggie Bush money here. In fact, the whole story started with an agent giving a student-athlete (Dillon Baxter) a ride on a golf cart. Yes, even a free ride on a golf cart is considered by the NCAA to be an impermissible benefit to a student-athlete.
The golf cart displayed a 1st Round Enterprises logo. A USC student named Teague Egan is the CEO of 1st Round, which seems to be a start-up agency that works with sports, entertainment, movies, and music, but also includes a financial and philanthropic wing. Egan seems to already have some experience on the music side of the biz. He and his company represent an artist named Sam Adams. This is what Alex Monroe of a website titled, “GetYourBizSavvy” had to say about Egan (written August 20, 2010):
To tell you a little more about Teague, he’s a serious entrepreneur. He started his first business in high school and prior to starting 1st Round Records, he was working on 1st Round Entertainment full time, which is a company that promotes and throws parties in the Los Angeles area. Teague actually made 1st Round Records a branch off of his entire 1st Round company. In addition to the 1st Round Records branch there is 1st Round Sports, 1st Round Capital, 1st Round Pictures, and 1st Round Entertainment. Pretty intelligent of Teague to form a whole plethora of companies around the main one. We asked Teague his goals for 1st Round: “What were really going after with 1st Round is to make it a lifestyle brand where the term 1st Round is all about being in the winners circle.”
Lets hope that Egan’s connections to student-athletes at USC begins and ends with Baxter; USC really does not need to find its name mentioned by the media for any more agent-related activities.
Another red flag – Jordan Campbell is a partner at 1st Round. Campbell, a “founding father” at 1st Round, is a student-athlete (linebacker) who transfered from USC to Louisville. Conflict of interest?