Drew Rosenhaus Biography & Net Worth
|Popular Name:||Drew Rosenhaus|
Drew Jordan Rosenhaus
October 29, 1966
South Orange, New Jersey, United States
|Net Worth:||$165 Million|
Among some of the world’s most notable sport agents, is Drew Rosenhaus, who focuses on representing professional football players. Also an entrepreneur, he has been in this line of profession since 1987 and has now become known as one of the most talented and successful representatives to speak on behalf of players, negotiating the best deals, and securing top contracts for his clients. It is said that he has negotiated more than $7 billion of National Football League contracts throughout his lifetime, and continues to add to his tally to this day through his own Miami-based sports agency Rosenhaus Sports. We’ll look at Drew Rosenhaus net worth and earnings, as well as details of his personal life and numerous deals as contained in this Drew Jordan’s biography.
Drew Rosenhaus’ Biography & Career
Drew Jordan Rosenhaus was born in South Orange, New Jersey, United States on October 29, 1966. His family relocated to North Miami in Florida four years after he was born. He was a strong supporter of the Miami Dolphins as a young boy and even attended the team’s practices and home games.
For his educational pursuit, Drew attended the University of Miami, graduating in 1987. He then enrolled at Duke University, graduating from Duke University School of Law in 1990.
It was in the year 1989 that Drew Rosenhaus became a licensed sports agent. Being just 22 years old at that time, he was considered as the youngest registered sports agent in the United States, and by nature of his being a graduate of the University of Miami, he had many contacts and clients coming from the Miami Hurricanes football program.
Drew is the owner of a Miami-based sports company which carries out its activities under the name Rosenhaus Sports Representation (RSR). The firm consists of other principals, including director of marketing Robert Bailey and Vice President Jason Rosenhaus (Drew’s brother).
After the 2011 National Football League Lockout, Rosenhaus negotiated over 90 contracts, said to be worth approximately $600 million, in one month. The following year, Drew and his brother Jason face controversy and alleged breach of contract and deceit by suspended staff Daniel F. Martoe in a settlement filing with the NFL Players Association. At the same time the NFL Players Association investigated the sports firm for mismanaging former client’s checks and for persuading several former football players to invest in an Alabama casino that failed.
At the present time, Rosenhaus represents over 170 players, including many high-profile clients, most of which are famed for having eccentric personalities. Some notable players Rosenhaus has represented in the past or still represents include Terrell Owens, Antonio Brown, Chad Johnson, Warren Sapp, Frank Gore, Rex Grossman, Jimmy Smith, Plaxico Burress, Rob Gronkowski, LeSean McCoy, and Tyreek Hill.
Drew Rosenhaus also has a life in the media outside his sports agency. He has authored two books to date. His first book, titled ‘A Shark Never Sleeps: Wheeling and Dealing with the NFL’s Most Ruthless Agent’, is his autobiography which became available in 1997. In 2008, he published another book titled ‘Next Question: An NFL Super Agent’s Proven Game Plan for Business Success’.
He is the first sports agent to be featured on the cover of Sports Illustrated, and he set this record in 1996. He has appeared on many television programs including hit shows like Showtime’s ‘Inside the NFL’, HBO’s ‘Real Sports with Bryant Gumbel’, and CBS’s ‘60 Minutes’. He has featured on the sitcom Arli$$ and is also a weekly contributor on WSVN Miami’s Sunday night sports show ‘Sports Xtra’.
Rosenhaus was also featured in two ESPN documentaries ‘The Dotted Line’ and ‘The U’, and has appeared in commercials for ESPN’s Sportscenter and Burger King. He was also seen in a cameo role in the 1996 movie Jerry Maguire, and appeared in the 1999 movie ‘Any Given Sunday’ as well.
Drew Rosenhaus Net Worth
Mr. Rosenhaus is a highly successful sports agent who has been in the business for more than three decades. He is considered one of the richest and most successful sports agents of all time. His ability to influence negotiations had a pull in the business where he has now negotiated contracts worth more than $7 billion for over a hundred players, especially through his own sports company called Rosenhaus Sports Representation (RSR).
Drew Rosenhaus net worth currently stands at $165 million. He makes his money through the salary he earns for his work and also through commissions. It has been said that he charges a lower fee rate compared to other agents, which enables him attract more players and raise more money for his clients He earns around $30 to 40 million in commission personally in a typical year, earns a percentage-based salary relative to how much money he secures for his clients. While the average agent may earn about 15-20% of the money earned by an athlete, Rosenhaus claims that he only gets 3% of his client’s paydays. In return for these charges, any agent typically hopes to help the client secure at least five times more money through his leverage and negotiation experience, and Drew shows to be able to do that just perfectly.