Excel Sports Management, the company where Tiger Woods’s agent Mark Steinberg is a partner, was named the second most valuable agency in the industry by Forbes Magazine.
Woods and Steinberg have been with Excel since 2011, when the two made the move from IMG. Steinberg has represented Woods since 1998. In addition to the athletes it represents in basketball and baseball, Excel’s roster of PGA Tour golfers includes Justin Thomas, Justin Rose, Matt Kuchar, Gary Woodland and Daniel Berger.
Forbes’ report on the most valuable agencies includes numbers on the agencies’ commissions and contract value. Excel has $149.6 million in commissions and a total contract value under management of $3.09 billion. Forbes credits Excel’s rise up the rankings to its founding partners, Casey Close and Jeff Schwartz, as well as Steinberg’s contributions in golf and, of course, the all-important fact that Excel can claim Woods as a client. Although he has yet to play competitively in 2016, Woods is still one of the highest paid athletes in the world.