10 Updates
Sports Business Power Player Alan Zucker Moves From IMG Worldwide To Excel Sports
Photo Credit: Forbes Business

Sports Business Power Player Alan Zucker Moves From IMG Worldwide To Excel Sports

Apr 12 2014, 9:45am CDT | by

On January 31, 2011, IMG Worldwide announced that one of its most loyal and dedicated employees was being promoted to Senior Vice President of Clients.  Roughly 3 years and 3 months later, Alan...

Filed under: news

 
 
 

15 weeks ago

Sports Business Power Player Alan Zucker Moves From IMG Worldwide To Excel Sports

Apr 12 2014, 9:45am CDT | by

On January 31, 2011, IMG Worldwide announced that one of its most loyal and dedicated employees was being promoted to Senior Vice President of Clients.  Roughly 3 years and 3 months later, Alan Zucker, also referred to in 2011 as one of IMG’s top sales people, has left the company to begin work for competitor Excel Sports Management .  Movement of key individuals within the sports and talent representation industries is par for the course; however, the departure of Zucker from IMG to Excel is notable because of the sheer power that will shift based on Zucker’s departure along with the proximity to a major event in IMG’s life as a corporate entity.

At the end of 2013 it was declared that talent agency William Morris Endeavor (WME) and private equity firm Silver Lake would purchase IMG’s assets for approximately $2.3 billion.  While it was understood that today’s IMG is very different from the IMG of the past (with less of a focus on athlete representation), agent Alan Zucker’s relationships with Peyton Manning , Eli Manning Joe Mauer , Matthew Stafford , Maria Sharapova , etc. were notable and worthwhile, since the aforesaid athletes are widely marketable and they often open doors to other revenue generating opportunities.  Insiders speculate that the Manning brothers will follow Zucker to Excel, but that Mauer, Stafford and Sharapova will remain IMG clients for the time being.

The news of Zucker’s departure is particularly noteworthy, because it comes in close proximity to what is suggested to be the date that WME and Silver Lake receive final approval to purchase IMG.  It has led some insiders to wonder whether Zucker leaving IMG is the beginning of an expected exodus  or simply a predicted bump in the road that is bound to occur whenever one behemoth acquires another gigantic corporation.  What is certain is that the IMG that WME eventually incorporates into its framework will look very different from the IMG of recent past.

Zucker, a graduate of Florida State University, now heads to Excel Sports Management and joins many former colleagues who worked with him at IMG.  Those former IMG employees include Mark Steinberg, Casey Close and Jeff Schwartz.

Steinberg joined Excel in 2011 after meeting with a number of agencies and businesses.  He immediately became partners in the venture with Close and Schwartz.  Steinberg is widely known for his robust golf representation practice, which includes Tiger Woods as a marquee client.

Close joined Excel only months prior to Steinberg and has been a major catalyst for the rapid growth of Excel’s baseball division.  Close represents Derek Jeter  and recently experienced an off-season to remember after negotiating multiple extremely lucrative deals for his clients.  Those negotiated contracts for players including Clayton Kershaw, Masahiro Tanaka and Freddie Freeman resulted in an estimated total of $700 million over the terms of the respective deals.

Finally, Schwartz is the President of Excel and has overseen his company’s growth from primarily representing some of the top basketball players in the world to now working on behalf of the best athletes in a variety of sports such as baseball and golf.  Importantly, Schwartz has built his company by surrounding himself with not only successful people, but individuals he could trust and had grown to enjoy being around after spending much time with them as colleagues at IMG.

Immediately after Mark Steinberg joined Excel Sports Management, Casey Close commented on Steinberg, Schwartz and him coming together and said, “[t]he three of us have worked in parallel paths in our respective sports and I am excited for us to come together to build something very special.”  null  Alan Zucker will join the crew and certainly add value to Excel’s operation.  Meanwhile, WME and Silver Lake have to wonder if Zucker’s departure is the end or merely just the beginning of a diaspora of talent from IMG to other entities.

Want to learn more about the business of sports? Order my book How to Play the Game  and follow me on Twitter .

Follow @DarrenHeitner

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat was ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken i ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by t ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 million ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mu ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an a ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Ba ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

EU to impose more restrictive measures against Russia
Brussels, July 30 (IANS) The European Union (EU) has agreed a package of "significant" additional restrictive measures targeting sectoral cooperation and exchanges with Russia, the European Council said in a statement Tuesday.
 
 
Green spaces impact birth weight positively
London, July 29 (IANS) Where expecting mothers live can also have a bearing on the birth weight of their babies as researchers have found that mothers who live near green spaces deliver babies with significantly higher birth weights.
 
 
What makes you a pessimist?
London, July 29 (IANS) Cannot see thing turning out to be all right? A hyperactive habenula, half the size of a pea in the brain that tracks predictions about negative events, could be the key, a study suggests.
 
 
Russian space 'sex geckos' are safe for now
Moscow, July 29 (IANS) There is good news for the geckos aboard the Russian Foton-M4 space satellite meant to study the effects of microgravity on sex and reproduction.
 
 
 

Latest from the Network

Zac Efron was 'going crazy' before rehab
Zac Efron admits he was ''going crazy'' at home before seeking help in rehab. The 'That Awkward Moment' star, who sought treatment for an alleged cocaine addiction twice last year, says he realized he had a problem when...
Read more on Celebrity Balla
 
Kanye West wants to put baby plans on ice
Kanye West wants to put his plans to have a second child with Kim Kardashian on ice. The 'New Slaves' hitmaker, who has 13-month-old daughter North with the reality TV star, is reportedly stressed out by his wife's...
Read more on Celebrity Balla
 
Hayden Panettiere will be 'an amazing mother'
Hayden Panettiere's fiancé Wladimir Klitschko thinks she's going to be ''an amazing mother.'' The heavyweight professional boxer, 38, is thrilled the 'Nashville' actress, 24, is expecting their first child and is...
Read more on Celebrity Balla
 
Mila Kunis celebrates her baby shower
Mila Kunis celebrated her baby shower on Sunday (07.27.14). The 'Black Swan' star, who is expecting her first child with fiancé Ashton Kutcher this year, attended a top secret party in her honor in Los Angeles, where...
Read more on Celebrity Balla
 
George Michael hints at Wham reunion
Los Angeles, July 30 (IANS) Singer George Michael has hinted that there could be a reunion between him and his former bandmate Andrew Ridgeley. The 51-year-old said that it was a mistake "splitting Wham!" and...
Read more on Celebrity Balla
 
Indian weightlifter Chandrakant Mali gets bronze
Glasgow, July 30 (IANS) Weightlifter Chandrakant Mali won the bronze medal in the men's 94kg category bringing home the 10th medal for India in the day at the Commonwealth Games here Tuesday. The gold went to Papua...
Read more on Sport Balla
 
EU to impose more restrictive measures against Russia
Brussels, July 30 (IANS) The European Union (EU) has agreed a package of "significant" additional restrictive measures targeting sectoral cooperation and exchanges with Russia, the European Council said in a statement...
Read more on Business Balla
 
Medals tally at Commonwealth Games
Glasgow, July 30 (IANS) Australia are leading the medals tally with 33 gold, 28 silver and 37 bronze on the fifth day of the 20th Commonwealth Games. India are now sixth with a tally of 35 medals, including 10 gold,...
Read more on Sport Balla
 
Chris Brown's neighbour threatens to shoot him
Los Angeles, July 30 (IANS) Chris Brown's neighbour has threatened to kill him if the singer will try to step onto his property. The pop star's new neighbour at the 8,000 square foot house in Agoura here has tried to...
Read more on Celebrity Balla
 
Shooters, wrestlers inspire India's medal rush in Commonwealth Games (Roundup)
Glasgow, July 30 (IANS) Shooters and wrestlers put on a stunning show as India grabbed nine medals, including three gold medals, in what was their best show so far in the 2014 Commonwealth Games here Tuesday. Sushil...
Read more on Sport Balla