SFX Sports Group chairman and CEO David
Falk knows how to score big in the competitive business of
sports marketing.
David Falk's list of clients reads like a who's who of the sporting
world. The 50-year-old chairman and CEO of SFX Sports Group has
worked major deals for
Michael Jordan and many other mega-athletes,
such as Alonzo Mourning,
Patrick Ewing, Elton Brand, and James
Lofton. Along the way, Falk's company has redefined the sports
marketing business by landing its athletes multimillion-dollar
contracts with the likes of
Nike, Gatorade, General Motors,
McDonald's, Coke, Wheaties, and AT&T. Michael Jordan the
athlete became Michael Jordan Inc. with a big helping hand from
David Falk.
It's no secret that there is big money to be made in sports
marketing these days, and no one knows this better than Falk. SFX
Sports Group is now a 12-city international enterprise composed of
the top management and marketing agencies in the world; together,
they reported $150 million in revenue last year. But even in the
midst of all this money, it's people skills that still rule Falk's
business: persuasion, persistence, fair play. For evidence, look no
further than last year's trade of Patrick Ewing from the New York
Knicks to the
Seattle SuperSonics, a deal so complicated that it
proves Falk's negotiating prowess and stick-to-it-'til-it's-done
ethos.
Now, Falk is working to expand his
golf division - as if the
addition of
Greg Norman and
John Daly to his client roster isn't
enough. Falk feels that part of SFX Sports Group's future lies in
the sport of golf, so he is looking not only for golfers to
represent, but also to acquire golf-management and course-design
companies that he feels would fit well under the SFX Sports Group
umbrella.