Andrew Thau Named Co-Head of UTA Sports activities - thqaftqlm

Andrew Thau Named Co-Head of UTA Sports activities

UTA veteran Andrew Thau has been named co-head of UTA Sports activities alongside Wealthy Paul, the founding father of company Klutch Sports activities Group. The 2 executives have been working collectively since UTA made an enormous funding in Klutch in 2019.

UTA Sports activities was created almost 4 years in the past in anticipation for better funding in sports activities whereas leveraging Klutch’s consumer sheet, which incorporates high-profile professional athletes equivalent to Los Angeles Lakers star LeBron James and Philadelphia Eagles quarterback Jalen Hurts. Paul says appointing Thau was a “no-brainer” attributable to his rapport and complementary ability units.

“We’re interchangeable in loads of methods by way of this initiative,” Paul, a UTA board member, stated in a video interview. “You want that duo, that one-two punch, and extra. It makes all of the sense on the earth.”

Thau emphasizes that bolstering the company’s connectivity into sports activities is without doubt one of the largest mandates for the corporate because it appears to construct a aggressive sports activities arm. UTA is taking a web page from rivals CAA and WME by not solely repping athletes but in addition offering them with choices in different areas of leisure like movie and manufacturing.

Thau, who oversees the corporate’s company and authorized affairs as chief working officer, acknowledges he can’t spot athletic expertise the best way Paul can, however he believes he brings his personal set of expertise and expertise to the desk. He has been integral to UTA’s progress since he joined in 2007. As a UTA managing director, he has led the expansion of the mother or father firm by means of integrations and acquisitions of firms together with Curtis Brown Group, MediaLink and MediaHound. The Banc of California board member helped convey personal fairness agency EQT into UTA as an investor final 12 months. EQT, a notable companion as a earlier investor in Sportradar, is the most important outdoors shareholder in UTA.

UTA will proceed to pursue numerous M&A alternatives, Thau says, and plans to be aggressive in constructing its group. Final 12 months UTA employed senior vice chairman Dan Shell, who final ran the school division at Oak View Group.

“There’s an enormous alternative within the sports activities world,” he stated. “We’re formidable and aspirational. It at all times has been critically essential from the day we partnered with Wealthy, and that is simply the subsequent section of the evolution of the plan.”

Paul, who lately launched sportswear attire model Klutch Athletics, enjoys having Thau close by as he balances his duties with UTA whereas specializing in his different companies.

“I might be doing one thing else and know that [the job] goes to be performed on the stage that we wish it to be performed,” stated Paul, who can also be on the board for Dwell Nation Leisure. “[Thau’s new title] is extra of a formality than something.”

(Pictured: Andrew Thau)

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top