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{{short description|American attorney and sports agent (born 1945)}}
{{POV-check|date=December 2007}}
{{BLP sources|date=March 2015}}
⚫
'''Randal "Randy" Hendricks''' (born November 18, 1945, in [[Kansas City, Missouri]]) is an American [[Lawyer|attorney]] and sports [[Sports agent|agent]].<ref>https://www.texasmonthly.com/articles/secret-agent-men/</ref> He was raised in Westwood, Kansas and is a 1963 graduate of [[Shawnee Mission North High School]], where he was a finalist in the [[National Merit Scholarship Program]]. He is managing partner of Hendricks Sports Management, L.P., and managing member of Hendricks Interests LLC, both in [[Houston]], [[Texas]].


==Education==
⚫
'''Randal "Randy" Hendricks''' (b. November 18, 1945 in [[Kansas City, Missouri]]) is an [[United States|American]] [[Lawyer|attorney]] and sports [[Sports agent|agent]] considered a pioneer in the field of sports representation.{{Citation needed|date=October 2007}} He was raised in Westwood, Kansas and is a 1963 graduate of [[Shawnee Mission North High School]], where he was a finalist in the [[National Merit Scholarship Program]]. He is managing partner of Hendricks Sports Management, L.P., and managing member of Hendricks Interests LLC, both in [[Houston]], [[Texas]].

==Qualifications==
* Bachelor of Science degree in pre law/finance, with honors, [[University of Houston]], 1968
* Bachelor of Science degree in pre law/finance, with honors, [[University of Houston]], 1968
* [[Doctor of Jurisprudence]], with honors, [[University of Houston Law Center]], 1970
* [[Doctor of Jurisprudence]], with honors, [[University of Houston Law Center]], 1970
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==Career==
==Career==
He practiced law with the Houston firm of [[Baker Botts]] out of [[law school]]. While there, he represented his first professional [[Sportsperson|athlete]]. In 1971, he joined with his brother, Alan, to form Hendricks Sports Management. Hendricks was involved in the movement for [[Free agent|free agency]], a change for professional athletes from the [[Reserve clause|reserve system]]. Hendricks concentrated on this area until the players earned their free agency in the late 1970s. He has continuously represented a significant number of professional athletes for over 40 years.
He practiced law with the Houston firm of [[Baker Botts]] out of [[law school]]. While there, he represented his first professional [[Sportsperson|athlete]] in [[Elmo Wright]] and became an agent when he was 24.<ref>https://www.hendricksinterests.com/hcssl/Linked/interview1.htm</ref> In 1971, he joined with his brother, Alan, to form Hendricks Sports Management. Hendricks was involved in the movement for [[Free agent|free agency]], a change for professional athletes from the [[Reserve clause|reserve system]]. Hendricks concentrated on this area until the players earned their free agency in the late 1970s. He continuously represented a significant number of professional athletes for over 40 years. They decided to focus their attention on baseball athletes in the 1980s as opposed to focusing on both baseball and football players. <ref>https://www.sportsbusinessjournal.com/Daily/Issues/2006/06/01/Sports-Industrialists/The-Daily-Goes-One-On-One-With-Agent-Randy-Hendricks.aspx</ref><ref>https://www.chron.com/news/article/hendricks-brothers-swing-for-the-fences-when-it-2029514.php</ref>


The Hendricks brothers formed Hendricks Sports Management and built an agency which represented approximately 10% of all [[major league baseball]] players for nearly 20 years. In 1999, the Hendricks sold their company to SFX Entertainment, (now [[Live Nation]]), where Randy became Chairman and CEO of the [[baseball]] group. Following the conclusion of their management contracts in 2004, the brothers reformed Hendricks Sports Management, which reestablished their profile as leaders in their industry.
The Hendricks brothers formed Hendricks Sports Management and built an agency which represented approximately 10% of all [[major league baseball]] players for nearly 20 years. In 1999, the Hendricks sold their company to SFX Entertainment for $15.7 million in cash with $5 million in deferred payments and the chance to earn additional bonuses (at the time, SFX was in the market for acquiring several sports agents prior to itself [[iHeartMedia|being acquired in 2000]]). Randy was later named Chairman and CEO of the baseball group.<ref>https://www.espn.com/mlb/news/2001/0208/1071346.html</ref><ref>https://www.espn.com/sportsbusiness/news/2003/1118/1665210.html</ref> In late 2003, it was announced that the Hendricks brothers would re-form Hendricks Sports Management, which reestablished their profile as leaders in their industry. In 2013 Hendricks transitioned from the representation of active players to advising a number of retired players.


Hendricks is the author of ''Inside the Strike Zone'', published in 1994 and nominated for the [[Casey Award]] for best baseball book for that year. Hendricks has negotiated many record contracts, and his $28 million one year contract for [[Roger Clemens]] is the highest in the history of baseball. Recently, he negotiated a record $30.25 million contract for 21 year old Cuban defector [[Aroldis Chapman]].
Hendricks is the author of ''Inside the Strike Zone'', published in 1994 and nominated for the [[Casey Award]] for best baseball book for that year. Also in that year, alongside Tom Reich and Ron Shapiro, Hendricks was a back-channel negotiator during the league strike that lasted over eight months.<ref>https://www.detroitnews.com/story/sports/mlb/tigers/2021/07/03/tom-reich-pioneering-baseball-and-hockey-agent-dies-82/7850725002/</ref> Hendricks has negotiated many record contracts, including several for Roger Clemens and his $28 million one-year contract for [[Roger Clemens]] was the highest in the history of baseball. The Hendricks brothers negotiated a five-year contract worth over $30 million for pitcher [[Aroldis Chapman]], although the methods in luring him away from being represented by Athletes Premier International led to a lawsuit and a subsequent out-of-court settlement.<ref>https://www.si.com/mlb/2010/03/02/hendricks-api</ref>

On January 10, 2017, Hendricks was busted in a sting operation targeted at soliciting prostitution carried out in Houston.<ref>https://www.nydailynews.com/2017/02/09/randy-hendricks-longtime-agent-for-roger-clemens-arrested-in-prostitution-sting/</ref>


==Recognition==
==Recognition==
Hendricks was appointed as a member of the Houston/Harris County Public Sports Advisory Committee in 1995 by Houston Mayor [[Bob Lanier (politician)|Bob Lanier]]. Hendricks wrote the election day editorial for the [[Houston Chronicle]] in favor of the referendum for new sports stadia in Houston and Harris County, Texas. The measure passed in a close vote and led to the construction of new sports facilities for professional teams, including [[Minute Maid Park]] for the [[Houston Astros]], [[NRG Stadium]] for the [[Houston Texans]] and [[Toyota Center]] for the [[Houston Rockets]].
Randy Hendricks has been named the top agent by [[Baseball America]], and among the 100 most powerful people in sports in the United States by [[The Sporting News]]. [[Forbes magazine]] recently recognized him as one of the most effective agents for his clients.

Hendricks holds the best lifetime winning percentage as an [[advocate]] in [[arbitration]] and [[collusion]] cases, and is known for his preparation and advocacy. His standing for over 35 years at the top of his industry is unparalleled in his field{{Citation needed|date=September 2008}}.


==See also==
==See also==
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==References==
==References==
{{reflist}}
{{nofootnotes|date=September 2008}}
*Schwartz, Peter, "Baseball's Best Agents", Forbes, June 20, 2007.
*Mullen, Liz, "Hendricks brothers rocket back to top", Sports Business Journal, June 25, 2007.
*Handrinos, Peter, "Baseball Men: The Agent", Yahoo!Sports, Scout.com, September 21, 2005.
*The 100 Most Powerful in Sports, The Sporting News, January 1, 2003.
*[[Alan Schwarz|Schwarz, Alan]], "Double Agents", Baseball America, March 4, 1996.
*The 100 Most Powerful in Sports, The Sporting News, January 1, 1996.
*Lingo, Will, "Top Power Brokers", Baseball America, January 20, 1996.
*Power Brokers, Baseball America, January 23, 1995.
*Power Brokers, Baseball America, January 11, 1993.
*Sperry, Paul, "Baseball's Hendricks Brothers", Investor's Business Daily, September 22, 1992.
*Duffey, Gene, "Dynamic Duo Raise the Stakes", Houston Post, June 23, 1991.
*Newhan, Ross, "These Guys Really Know How to Win", Los Angeles Times, February 24, 1991.
*25 Most Influential People in Baseball in the 90's, The National, February 19, 1991.
*Perkins, Dave, "Hendricks brothers are a real big hit when money is on the line", Toronto Star, February 19, 1991.
*Antonen, Mel, "Let's Make a Deal", USA Today, December 20, 1989.
*Custred, Jayne, "Hendricks a major league name", Houston Chronicle, July 27, 1989.
*Fisher, Anne B, "Five Stellar Advisors", Fortune, Fall, 1989.
*Rendon, Ruth, "Not-so-secret agents", Houston Chronicle, May 8, 1988.
*Pate, Steve, "Double Agents", Dallas Morning News, July 1, 1987, reprinted by permission in The Texas Bar Journal, November, 1987.
*Hand, Kenny, "Cooler Heads Saved Season", Houston Post, August 11, 1985.
*White, George, "Agents and Owners", Houston Chronicle, December 9, 1984.
*Hand, Kenny, "Contract Diplomats", Houston Post, January 22, 1984.
*Okrent, Daniel, "The Pitchers Right Arm", Texas Monthly, May, 1981.
*Hand, Kenny, "Hendrickses: Dynamic Player Agents", Houston Post, March 18, 1980.


{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]]. -->
| NAME =Hendricks, Randy
| ALTERNATIVE NAMES =
| SHORT DESCRIPTION =
| DATE OF BIRTH = November 18, 1945
| PLACE OF BIRTH =
| DATE OF DEATH =
| PLACE OF DEATH =
}}
{{DEFAULTSORT:Hendricks, Randy}}
{{DEFAULTSORT:Hendricks, Randy}}
[[Category:University of Houston alumni]]
[[Category:University of Houston alumni]]
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[[Category:1945 births]]
[[Category:1945 births]]
[[Category:Texas lawyers]]
[[Category:Texas lawyers]]
[[Category:People associated with Baker Botts]]

Revision as of 14:26, 8 May 2024

Randal "Randy" Hendricks (born November 18, 1945, in Kansas City, Missouri) is an American attorney and sports agent.[1] He was raised in Westwood, Kansas and is a 1963 graduate of Shawnee Mission North High School, where he was a finalist in the National Merit Scholarship Program. He is managing partner of Hendricks Sports Management, L.P., and managing member of Hendricks Interests LLC, both in Houston, Texas.

Education

Career

He practiced law with the Houston firm of Baker Botts out of law school. While there, he represented his first professional athlete in Elmo Wright and became an agent when he was 24.[2] In 1971, he joined with his brother, Alan, to form Hendricks Sports Management. Hendricks was involved in the movement for free agency, a change for professional athletes from the reserve system. Hendricks concentrated on this area until the players earned their free agency in the late 1970s. He continuously represented a significant number of professional athletes for over 40 years. They decided to focus their attention on baseball athletes in the 1980s as opposed to focusing on both baseball and football players. [3][4]

The Hendricks brothers formed Hendricks Sports Management and built an agency which represented approximately 10% of all major league baseball players for nearly 20 years. In 1999, the Hendricks sold their company to SFX Entertainment for $15.7 million in cash with $5 million in deferred payments and the chance to earn additional bonuses (at the time, SFX was in the market for acquiring several sports agents prior to itself being acquired in 2000). Randy was later named Chairman and CEO of the baseball group.[5][6] In late 2003, it was announced that the Hendricks brothers would re-form Hendricks Sports Management, which reestablished their profile as leaders in their industry. In 2013 Hendricks transitioned from the representation of active players to advising a number of retired players.

Hendricks is the author of Inside the Strike Zone, published in 1994 and nominated for the Casey Award for best baseball book for that year. Also in that year, alongside Tom Reich and Ron Shapiro, Hendricks was a back-channel negotiator during the league strike that lasted over eight months.[7] Hendricks has negotiated many record contracts, including several for Roger Clemens and his $28 million one-year contract for Roger Clemens was the highest in the history of baseball. The Hendricks brothers negotiated a five-year contract worth over $30 million for pitcher Aroldis Chapman, although the methods in luring him away from being represented by Athletes Premier International led to a lawsuit and a subsequent out-of-court settlement.[8]

On January 10, 2017, Hendricks was busted in a sting operation targeted at soliciting prostitution carried out in Houston.[9]

Recognition

Hendricks was appointed as a member of the Houston/Harris County Public Sports Advisory Committee in 1995 by Houston Mayor Bob Lanier. Hendricks wrote the election day editorial for the Houston Chronicle in favor of the referendum for new sports stadia in Houston and Harris County, Texas. The measure passed in a close vote and led to the construction of new sports facilities for professional teams, including Minute Maid Park for the Houston Astros, NRG Stadium for the Houston Texans and Toyota Center for the Houston Rockets.

See also

  • Sports agent: for listing of prominent sports agents, by field.

References

  1. ^ https://www.texasmonthly.com/articles/secret-agent-men/
  2. ^ https://www.hendricksinterests.com/hcssl/Linked/interview1.htm
  3. ^ https://www.sportsbusinessjournal.com/Daily/Issues/2006/06/01/Sports-Industrialists/The-Daily-Goes-One-On-One-With-Agent-Randy-Hendricks.aspx
  4. ^ https://www.chron.com/news/article/hendricks-brothers-swing-for-the-fences-when-it-2029514.php
  5. ^ https://www.espn.com/mlb/news/2001/0208/1071346.html
  6. ^ https://www.espn.com/sportsbusiness/news/2003/1118/1665210.html
  7. ^ https://www.detroitnews.com/story/sports/mlb/tigers/2021/07/03/tom-reich-pioneering-baseball-and-hockey-agent-dies-82/7850725002/
  8. ^ https://www.si.com/mlb/2010/03/02/hendricks-api
  9. ^ https://www.nydailynews.com/2017/02/09/randy-hendricks-longtime-agent-for-roger-clemens-arrested-in-prostitution-sting/
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