Scott Boras Net Worth

Introduction: 

Scott Boras Net Worth, How did the American sports agent attain his wealth? Read on to find out more about Scott Boras Net Worth and his career. 

Scott Boras Early Life

He is an American sports agent. Scott Boras is the founder of the highly successful sports agency, The Boras Corporation. 

Boras focuses primarily on baseball players and has over 175 high-profile clients. However, some notable former and current clients include Stephen Strasburg, Gerrit Cole, Anthony Rendon, Alex Rodriguez, Matt Holliday, Manny Ramirez, and Jayson Werth.

He grew up in Elk Grove, California as the son of a dairy farmer. He attended the University of the Pacific where he put up record numbers for the school’s baseball team. 

Boras then spent several years playing in the minor league organizations of the Chicago Cubs and St. Louis Cardinals. Having spent four years in the minor leagues, he retired after going through three knee surgeries.

Scott Boras Career

Scott Dean Boras was born in Sacramento, California on November 2, 1952. Following his baseball career ending, Scott returned to the University of the Pacific where he earned a doctorate in industrial pharmacology and a law degree, specializing in medical litigation. 

After law school, he went to work as an associate for a Chicago law firm. In the early 80s, he decided to become a full-time sports agent. He negotiated what was then the largest contract in baseball history, a $7.5 million deal for a player named Bill Caudill in 1983. 

Soon after, he founded the Scott Boras Corporation, a California-based sports agency that now represents hundreds of professional baseball clients, including some of the highest profile baseball players in the world. He has become known for arranging record-setting contracts for his clients. 

Scott was actually the very first agent to negotiate a contract larger than $50 million (for Greg Maddux- $57 million over five years). He was the first agent to break the $100 million and $200 million contract barrier and his company ‘Boras Corp’ is one of the most valuable talent agencies in the world.

Scott Boras Net Worth

As of today, Scott Boras Net Worth is $450 Million. Scott Boras Net Worth is acquired from his career as a sports agent.

Scott earns a 5% commission on all contracts he negotiates for his clients. Between September 2017 and September 2018, he negotiated $1.88 billion worth of contracts for various clients. His commission on those deals was $105 million.

In a one week period in December 2019 Scott negotiated the following deals:

$245 million for Stephen Strasburg (from the Nationals)

$324 million for Gerrit Cole (from the Yankees)

$245 million for Anthony Rendon (from the Angles)

The total is $814 million worth of deals for clients, $40.7 million for Scott Boras.

Summary: 

Scott Dean Boras is an American sports agent. In the early 80s, he decided to become a full-time sports agent. He negotiated what was then the largest contract in baseball history, a $7.5 million deal for a player named Bill Caudill in 1983. 

Soon after, he founded the Scott Boras Corporation.

As of 2020, Scott Boras’ net worth is $450 Million.