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{{short description|American attorney and sports agent[1] (born 1945)}}
{{short description|American attorney and sports agent (born 1945)}}
{{BLP sources|date=March 2015}}
{{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]][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]].
'''Randal "Randy" Hendricks''' (born November 18, 1945, in [[Kansas City, Missouri]]) is an American [[Lawyer|attorney]] and sports [[Sports agent|agent]].<ref>{{Cite web |last=Cohen |first=Jason |date=1999-04-01 |title=Secret Agent Men |url=https://www.texasmonthly.com/articles/secret-agent-men/ |access-date=2024-05-22 |website=Texas Monthly |language=en}}</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==
==Education==
Line 9: Line 9:


==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 1972, 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.
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>{{Cite web |title=Baseball Men - The Agent |url=https://www.hendricksinterests.com/hcssl/Linked/interview1.htm |access-date=2024-05-22 |website=www.hendricksinterests.com}}</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>{{Cite web |date=2006-06-01 |title=The Daily Goes One-On-One With Agent Randy Hendricks |url=https://www.sportsbusinessjournal.com/Daily/Issues/2006/06/01/Sports-Industrialists/The-Daily-Goes-One-On-One-With-Agent-Randy-Hendricks.aspx |access-date=2024-05-22 |website=www.sportsbusinessjournal.com |language=en}}</ref><ref>{{Cite news |last=JUSTICE |first=RICHARD |title=Hendricks brothers swing for the fences when it comes to their clients |url=https://www.chron.com/news/article/hendricks-brothers-swing-for-the-fences-when-it-2029514.php |access-date=2024-05-22 |work=Chron |language=en}}</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 [2], (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 [3]. In 2013 Hendricks transitioned from the representation of active players to advising a number of retired players.
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>{{Cite web |title=ESPN.com - Major League Baseball - Suit throws into question representation for many players |url=https://www.espn.com/mlb/news/2001/0208/1071346.html |access-date=2024-05-22 |website=www.espn.com}}</ref><ref>{{Cite web |title=ESPN.com: SPORTSBUSINESS - Agents Hendricks leave SFX baseball group |url=https://www.espn.com/sportsbusiness/news/2003/1118/1665210.html |access-date=2024-05-22 |website=www.espn.com}}</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, including several for Roger Clemens [4] and his $28 million one-year contract for [[Roger Clemens]] was the highest in the history of baseball. He negotiated a record $37.25 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>{{Cite web |last=Blum |first=Ronald |title=Tom Reich, pioneering baseball and hockey agent, dies at 82 |url=https://www.detroitnews.com/story/sports/mlb/tigers/2021/07/03/tom-reich-pioneering-baseball-and-hockey-agent-dies-82/7850725002/ |access-date=2024-05-22 |website=The Detroit News |language=en-US}}</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>{{Cite web |last= |first= |date=2010-03-02 |title=SI: Hendricks, API reach settlement in Aroldis Chapman case |url=https://www.si.com/mlb/2010/03/02/hendricks-api |access-date=2024-05-22 |website=Sports Illustrated |language=en-us}}</ref>


On January 10, 2017, Hendricks was busted in a sting operation targeted at soliciting prostitution carried out in Houston.<ref>{{Cite web |last=Red |first=Christian |date=2017-02-09 |title=Randy Hendricks, longtime agent for Roger Clemens, arrested in prostitution sting |url=https://www.nydailynews.com/2017/02/09/randy-hendricks-longtime-agent-for-roger-clemens-arrested-in-prostitution-sting/ |access-date=2024-05-22 |website=New York Daily News |language=en-US}}</ref>
Less well known has been Hendricks' career for over 40 years in managing a real estate portfolio of raw land and residential developments in the greater Houston area[5]. In May 2014 he sold a significant tract of land for the expansion of [[The Woodlands, Texas]][6][7], the most successful "new town" [[master-planned community]] in the United States. That land is now known as The Woodlands Hills development.


==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]].
Hendricks has been named the top agent by Baseball America [8], and among the 100 most powerful people in sports by The Sporting News [9]. Forbes Magazine recognized him as one of the most effective agents for his clients [10]. He has frequently been recognized as one of the best in his profession for over 30 years [11].

Hendricks has been recognized for both his preparation and advocacy in arbitration and collusion cases, and holds one of the best lifetime records in those cases [12].

⚫
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[13]. 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==
==See also==
Line 28: Line 24:


==References==
==References==
{{reflist}}
*1. Handrinos, Peter, "Baseball Men: The Agent", Yahoo Sports! Scout.com, September 21, 2005. Schwarz, Alan, "Double Agents", Baseball America, March 4, 1996. Pate, Steve, "Double Agents", Dallas Morning News, July 1, 1987, reprinted with permission in the Texas Bar Journal, November, 1987.
*2. Carroll, Chris, "Houston baseball agents talk deal for SFX Entertainment acquisition," Houston Business Journal, May 16, 1999.
*3. Mullen, Liz, "Hendricks brothers rocket back to top", Sports Business Journal, June 25, 2007.
*4. Associated Press, "Clemens becomes highest paid pitcher in baseball history", Houston Business Journal, January 21, 2005.
*5. Wollam, Allison, "Baseball agents take a swing at new communities", Houston Business Journal, April 18, 2005. Hooper, Carl, "Cypress Forest to be built", Houston Post, March 23, 1986.
*6. Guillen, Darla, "2014's Biggest Residential Real Estate Stories", Houston Chronicle, December 26, 2014.
*7. Bivins, Ralph, "The Woodlands, Part 2: Woodlands Developer Buying 2,000 acres for community 13 miles north of the Woodlands", Realty News Reports, August 8, 2014.
*8. Lingo, Will, "Top Power Brokers", Baseball America, January 20, 1996.
*9. "The 100 Most Powerful in Sports", The Sporting News, January 1, 2003. "The 100 Most Powerful in Sports", The Sporting News, January 1, 1996. "Power Brokers", Baseball America, January 23, 1995. "Power Brokers", Baseball America, January 11, 1993. "25 Most Influential People in Baseball in the 90's", The National, February 19, 1991. Okrent, Daniel, "The Pitchers Right Arm", Texas Monthly, May, 1981.
*10. Schwartz, Peter, "Baseball's Best Agents", Forbes, June 20, 2007.
*11. 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. Antonen, Mel, "Let's Make a Deal", USA Today, December 20, 1989. Fischer, Anne B., "Five Stellar Advisors", Fortune, Fall, 1989. Hand, Kenny, "Hendrickses: Dynamic Player Agents", Houston Post, March 18, 1980. Manuel, John, "Draft Winners & Losers", Baseball America, August 17, 2010.
*12, Perkins, Dave, "Hendricks brothers are a real big hit when money is on the line", Toronto Star, February 19, 1991. Newhan, Ross, "These Guys Really Know How to Win", Los Angeles Times, February 24, 1991. Handrinos, Peter, "Baseball Men: The Agent", Yahoo Sports! Scout.com, September 21, 2005.
*13. Hendricks, Randal, "Play Ball", Houston Chronicle editorial page, November 5, 1996.
*Custred, Jayne, "Hendricks a major league name", Houston Chronicle, July 27, 1989.
*Rendon, Ruth, "Not-so-secret agents", Houston Chronicle, May 8, 1988.
*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.


{{DEFAULTSORT:Hendricks, Randy}}
{{DEFAULTSORT:Hendricks, Randy}}

Latest revision as of 11:53, 22 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[edit]

Career[edit]

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[edit]

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[edit]

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

References[edit]

  1. ^ Cohen, Jason (1999-04-01). "Secret Agent Men". Texas Monthly. Retrieved 2024-05-22.
  2. ^ "Baseball Men - The Agent". www.hendricksinterests.com. Retrieved 2024-05-22.
  3. ^ "The Daily Goes One-On-One With Agent Randy Hendricks". www.sportsbusinessjournal.com. 2006-06-01. Retrieved 2024-05-22.
  4. ^ JUSTICE, RICHARD. "Hendricks brothers swing for the fences when it comes to their clients". Chron. Retrieved 2024-05-22.
  5. ^ "ESPN.com - Major League Baseball - Suit throws into question representation for many players". www.espn.com. Retrieved 2024-05-22.
  6. ^ "ESPN.com: SPORTSBUSINESS - Agents Hendricks leave SFX baseball group". www.espn.com. Retrieved 2024-05-22.
  7. ^ Blum, Ronald. "Tom Reich, pioneering baseball and hockey agent, dies at 82". The Detroit News. Retrieved 2024-05-22.
  8. ^ "SI: Hendricks, API reach settlement in Aroldis Chapman case". Sports Illustrated. 2010-03-02. Retrieved 2024-05-22.
  9. ^ Red, Christian (2017-02-09). "Randy Hendricks, longtime agent for Roger Clemens, arrested in prostitution sting". New York Daily News. Retrieved 2024-05-22.
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