The pandemic may have upended the sports world, but business is booming for its top agencies.
By the numbers: The 40 most valuable sports agencies in the world negotiated deals worth over $56 billion in 2020 and brought in commissions worth $2.9 billion — a 10% rise from 2019 and a 55% gain since 2015, per Forbes.
The Professional Golfers' Association announced Sunday night that its board of directors voted "to terminate the agreement" to hold the 2022 PGA Championship at President Trump's New Jersey golf course.
Driving the news: PGA of America CEO Seth Waugh said in a video posted to the organization's website it had "become clear" that having the championship hosted at Trump Bedminster "would be detrimental to the PGA of America brand, and would put at risk the PGA's ability to deliver our many programs, and sustain the longevity of our mission."
