David Falk Net Worth | TheRichest
David Falk
Birthname David B. Falk Birthplace Long Island, New York, United States Education George Washington University Law School, Syracuse University, MacArthur High School Profession Sports Agent Net worth $50,000,000 Source of Wealth Sports Agent Nationality American Country United States Marital Status Married (Rhonda Frank) Children 2 (Daina, Jocelyn)Quick Links
Sports agent, David Falk, who has represented some of the biggest names in pro basketball (including Michael Jordan) and has been considered one of the major driving forces of the modern NBA, just donated $15 million to Syracuse University.
Falk and his wife Rhonda are both graduates of Syracuse and their donation is one of the largest single gifts the university has ever received.
The College of Human Ecology will in turn be renamed the David B. Falk College of Sport and Human Dynamics.
This isn't Falk's first donation to his alma mater either. In 2008 he donated $5 million to Syracuse to start the David B. Falk Center For Sports Management.
Falk negotiated the then-highest contracts in NBA history for Patrick Ewing and Danny Ferry. He also negotiated professional sports' first $100 million contract for Alonzo Mourning as part of an unprecedented free agency period, during which his company, FAME, changed the entire salary structure of the NBA, negotiating more than $400 million in contracts for its free agent clients in a six-day period.
In January 2007, Falk re-launched FAME, and today serves as its founder and CEO. He represented only 7 players in 2007, a far cry from the prime of his sports agent career in the 1990s, when he represented as many as 40 players at a time.
Earnings & Financial Data
Date | Category | Description | Amount |
---|---|---|---|
1997 | Sale of Asset | Value of Falk Associates Management Enterprises (FAME) upon sale to the entertainment group SFX | $100,000,000 |
1974 | Salary | Salary from ProServ for his full-time job after graduation | $13,000 |
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