[Golf Topic] 'Woods Agent' Steinberg "This Year's Income a Staggering 22.3 Billion Won"

Tiger Woods (right) and agent Mark Steinberg.

[Asia Economy Golf Specialist Reporter Kim Hyun-jun] ○…'20.2 million dollars (22.3 billion KRW)'.

This is the income of 'Woods' agent' Mark Steinberg this year. USA Today recently introduced, "Steinberg ranked 42nd among sports agents according to Forbes, the American economic magazine." Steinberg has been connected with the 'Returned Golf Emperor' Tiger Woods since 1998, and currently manages world No. 3 Justin Thomas (both from the USA) and Justin Rose (England), making him a 'big player.' He is the only golf agent to enter the 'Top 50.'

Unlike team sports such as baseball or soccer, where agents receive a certain percentage of the salary negotiation fees, golf agents take an average 20% commission only from sponsorship contracts. It is interesting that Steinberg secured contracts worth more than 101 million dollars (111.5 billion KRW) amid variables such as the global COVID-19 pandemic and the significant contraction of both the PGA Tour and European Tour.

'Ryu Hyun-jin's agent' Scott Boras is ranked first. He earned a whopping 160 million dollars (176.6 billion KRW). In Major League Baseball (MLB), he successfully negotiated a total of 3.2 billion dollars in contracts, including mega deals like Bryce Harper (Philadelphia Phillies) with a 13-year, 330 million dollar contract and Gerrit Cole (New York Yankees) with a 9-year, 324 million dollar contract. Last year's No. 1 Jonathan Barnett maintained second place (140 million dollars) thanks to soccer superstar Gareth Bale (Tottenham Hotspur).

This content was produced with the assistance of AI translation services.