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Contract Negotiation MLB Players Sports Agents

Baseball’s Elite Eight

I don’t know how I missed this story that was posted almost five months ago, but Forbes.com put together a piece on what they believe to be Baseball’s Best Agents. The eight agent entities (both individual and team efforts) that are highlighted account for 41% of the $2.5 billion in salaries being paid out by MLB organizations.

Surprisingly, Scott Boras does not head the list (it is based on an objective standard). Instead, the publication selected Peter Greenberg of Peter E. Greenberg & Associates (he needs to update the website). They note Greenberg’s heavy influence on Latin American baseball players…particularly Venezuelans.

Here is the precise formula that Forbes.com used to rank the eight entities:

Their current clients were compared with the closest statistical match who signed a new contract at the same age, vs. the average league salary over the length of each contract. Comparisons were made using a series of calculations devised by Bill James, a pre-eminent baseball statistician and special consultant to the Boston Red Sox.

Only players who have been eligible to file for free agency were subject to review in [the] analysis.

And here are the eight entities, ranked by Forbes.com using the standard laid out above:

  1. Peter Greenberg (Peter E. Greenberg & Associates)
  2. Randy and Alan Hendricks (Hendricks Sports Management)
  3. Scott Boras (Boras Corporation)
  4. Seth and Sam Levinson (Athletes’ Careers Enhanced and Secured Inc.)
  5. Casey Close (Creative Artists Agency)
  6. Arn Tellem (Wasserman Media Group)
  7. Greg Genske and Scott Parker (Legacy Sports Group)
  8. Tom Reich and Adam Katz (Wasserman Media Group)

-Darren Heitner

By Darren Heitner

Darren Heitner created Sports Agent Blog as a New Year's Resolution on December 31, 2005. Originally titled, "I Want To Be A Sports Agent," the website was founded with the intention of causing Heitner to learn more about the profession that he wanted to join, meet reputable individuals in the space and force himself to stay on top of the latest news and trends.

Heitner now runs Heitner Legal, P.L.L.C., which is a law firm with many practice areas, including sports law and contract law. Heitner has represented numerous athletes and sports agents as legal counsel. He has also served as an Adjunct Professor at Indiana University Bloomington from 2011-2014, where he created and taught a course titled, Sport Agency Management, which included subjects ranging from NCAA regulations to athlete agent certification and the rules governing the profession. Heitner serves as an Adjunct Professor at the University of Florida Levin College of Law, where he teaches a Sports Law class that includes case law surrounding athlete agents and the NCAA rules.