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David Falk Net Worth

David Falk Net Worth

Net Worth: $50 Million

Statistics
  • Source of Wealth Sports Agent
  • Birth Place Long Island, New York, United States
  • Marital Status Married (Rhonda Frank)
  • Full Name David B. Falk
  • Nationality American
  • Date of Birth 1950
  • Occupation Sports Agent
  • Education George Washington University Law School, Syracuse University, MacArthur High School
  • Children 2 (Daina, Jocelyn)
More StatsView More

About David Falk

Sports agent, David Falk, who has represented some of the biggest names in pro basketball (including Michael Jordan) and has been considered one of the major driving forces of the modern NBA, just donated $15 million to Syracuse University.

Falk and his wife Rhonda are both graduates of Syracuse and their donation is one of the largest single gifts the university has ever received.

The College of Human Ecology will in turn be renamed the David B. Falk College of Sport and Human Dynamics.

This isn’t Falk’s first donation to his alma mater either. In 2008 he donated $5 million to Syracuse to start the David B. Falk Center For Sports Management.

Falk negotiated the then-highest contracts in NBA history for Patrick Ewing and Danny Ferry. He also negotiated professional sports’ first $100 million contract for Alonzo Mourning as part of an unprecedented free agency period, during which his company, FAME, changed the entire salary structure of the NBA, negotiating more than $400 million in contracts for its free agent clients in a six-day period.

In January 2007, Falk re-launched FAME, and today serves as its founder and CEO. He represented only 7 players in 2007, a far cry from the prime of his sports agent career in the 1990s, when he represented as many as 40 players at a time.

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of David Falk's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

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Choose Year
  • Earnings 1998
  • Earnings 1975
Earnings 1998 N/A
Sale of Asset 1998

Value of Falk Associates Management Enterprises (FAME) upon sale to the entertainment group SFX

$100,000,000
Earnings 1975 N/A
Salary 1975

Salary from ProServ for his full-time job after graduation

$13,000