Jeff Schwartz’ clients and net worth explored after the Excel Sports Management agent signed with Lakers star Russell Westbrook.
Lakers star Russell Westbrook parted ways with long-time agent Thad Foucher in surprise fashion last month. In a statement Foucher gave to Adrian Wojnarowski of ESPN, he explained what went down with the former MVP.
Foucher released a statement in which he urged Westbrook to remain with the Lakers. He cited “irreconcilable differences” as the reason for their partnership coming to an end. He suggested the pair were not in agreement about whether Westbrook should stay with the Lakers for the final season of his $47 million contract.
Russell Westbrook signs with new agent
Per multiple reports, Russell Westbrook has now signed with agent Jeff Schwartz, of Excel Sports Management, for his representation.
Westbrook averaged 18.5 points, 7.4 rebounds and 7.1 assists in 78 games last season and is now entering the final season of a five-year maximum deal.
Question marks continue to swirl around chemistry issues and his fit with the Lakers, with trade rumors dominating the offseason. Specifically, the Lakers have reportedly been trying to trade Westbrook this offseason in exchange for Kyrie Irving, but negotiations are still ongoing.
Jeff Schwartz’ clients list is extremely impressive
Forbes reports Jeff Schwartz is founder and president of Excel Sports Management and is the world’s foremost basketball agent. He has reportedly negotiated more than $1.8 billion in active contracts, including six deals worth more than $100 million.
Jeff Schwartz’ clients include Nikola Jokic, Khris Middleton, Kristaps Porzingis, CJ McCollum, Brandon Ingram, and Kevin Love.
Per Silver Screen and Roll, Schwartz and the Lakers have had a working relationship in recent years with the franchise signing DeAndre Jordan, Malik Monk and Andre Drummond, all Schwartz clients.
Schwartz also has recent experience in negotiating buyouts with teams. This includes Kemba Walker who has been bought out by two separate teams in recent years.
Agent Jeff Schwartz’s net worth
According to Forbes, Schwartz is the No. 1 basketball agent in terms of contracts and commissions, and is fifth on the global list of sports agents.
Schwartz reportedly earned his Juris Doctor at Temple University Law School. He started out at the International Management Group in 1992 and managed tennis stars Pete Sampras and Martina Hingis. Schwartz then joined Artists Management Group before starting Excel Sports Management in 2002.
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