Josh Allen # 17 of the Buffalo Bills throws a pass against the Pittsburgh Steelers in the first half at Highmark Stadium on September 12, 2021 in Orchard Park, New York.
Bryan M. Bennett | Getty Images
Athletes First is the top sports agency with around $ 2 billion in contracts for 75 active professional footballers, according to a new study of high-earning agents among well-known and accredited National Football League player representatives.
Athlete’s first agent Todd France tops the list, with around $ 1.19 billion in contracts negotiated between 33 active NFL players. David Mulugheta is also on the list with 42 NFL players and $ 830 million in deals. Together, the two have negotiated just over $ 2 billion in active agreements for Athletes First.
The winning data was compiled by the digital sports betting platform Pickswise in cooperation with the global marketing agency ICS-digital. The companies used active NFL player contract information through Spotrac.com, which collects data on teams and player contracts. The study only collected deals from high profile reps and finds that NFL agents receive up to 3% commission on NFL deals. Using this percentage, France has estimated that more than $ 35 million was earned from active contracts.
Athletes First has negotiated over $ 4 billion in sports contracts, earning approximately $ 85 million in commissions Forbes. But this earnings study did not include contracts for players who were retiring or terminated, nor contracts that have expired.
One of the most famous active NFL deals is Buffalo Bills quarterback Josh Allen, who signed a six-year deal for $ 258 million last month. Allen’s average annual contract value is $ 43 million per season, ranking second only to Patrick Mahomes, quarterback for the Kansas City Chiefs. The Chiefs star signed a 10 year old $ 450 million deal with an average annual value of $ 45 million per season.
Dallas Cowboys quarterback Dak Prescott also used Athletes First to secure his $ 160 million four-year deal. Prescott has chosen to sign a shorter-term contract that will allow him to benefit from a higher salary cap upon his re-entry as the NFL’s $ 100 billion media rights deal will add to the league’s total revenue. The current NFL media deal helped the teams raise approximately $ 309 million each.
The NFL is a high risk of injury sport and most teams do not guarantee player contracts due to the high injury rate. Agents are pushing back on it by seeking as much guaranteed money as possible, including signing bonuses.
If you just take guaranteed money into account, Allen’s deal at $ 150 million is the highest in the NFL. Mahomes’ deal includes a guaranteed $ 141 million, and Prescott ranks third with $ 126 million.
Tom Condon from the high-performing Creative Artists Agency has Allen as a client after taking over for France left CAA in 2020. Condon ranks second in the results study with 24 active NFL players and around $ 954 million in contracts. His commission from the agreements is approximately $ 28 million and the client list includes Atlanta Falcons Quarterback Matt Ryan.
Mulugheta ranks third with $ 24 million in commissions, including the deal he negotiated for Houston Texans quarterback Deshaun Watson, a four-year contract valued at $ 156 million -Dollars guaranteed).
Up-and-coming agents who aren’t in the top ten include Zeke Sandhu of Elite Athlete Management and Wasserman’s Doug Hendrickson ($ 10 million in commissions) and Chafie Fields (around $ 5 million in commissions) of $ 158 million active deals.
Fields recently Pittsburgh Steelers star added JuJu Smith-Schuster and negotiated a $ 100 million deal for Cowboys Wideout-Amari Cooper deal. Cooper’s deal is the highest in the NFL for a wide receiver.
This article has been updated to reflect Josh Allen’s current agency.