This High-Flying Sports Agent Recently Closed the Largest Deal in Red Sox History. Here Are His Top 2 Success Tips.The head of baseball at agency REP1 details his pillars of achievement.

ByRobert Tuchman

Chris Koras

Over the past seven years, the agency REP1 has grown from a boutique football athlete representation firm into one of the largest multi-sportagencies in the world, including an ascent to the top of the baseball industry. On January 11, 2023, the Boston Red Sox announced its largest-ever deal, signing client Rafael Devers to an extension worth $331 million — the sixth-largest deal in North American sports history and the largest third-baseman contract in baseball history. With it, Devers is now the highest-earning Dominican-born athlete ever.

The head of REP1 Baseball, Chris Koras, sat on the podium alongside Devers as Red Sox president and CEO Sam Kennedy expressed his appreciation of the innovation andleadershipKoras and his team applied to make the day possible.

In the six years Koras has been at the helm of the agency, it has grown from working with five MLB players to more than 65, including five All-Stars in 2022 and a number of both leagues' biggest stars and top prospects. Koras credits his success to these two tips.

Related:WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.

Make the pursuit of knowledge constant

When Koras assumed the role of REP1 baseball head, one of his first steps was absorbing wide-ranging field knowledge, including taking an extensive trip to the Dominican Republic.

"In order to understand baseball inside out from their perspective," he recalls, "I had our partner down there take me to almost every square inch of the country, meeting with little league instructors, advanced trainers, bankers, players, families and almost anyone else who had a vested interest in baseball and was willing to educate me."

Gathering that information before making decisions on what's next for his company was, Koras added, "the single most valuable action I have completed in my tenure. I wanted to understand the people I would be working with, and about whom I am still learning every day."

Related:Why 'Knowledge Entrepreneurship' Is Taking Off

Own who you are, whoever that may be

When Koras found out that his wife was pregnant, he started writing down "every lesson I could think of that I would want to teach my son whenever life presented a challenge."

At the top of that list was staying true to himself and having conviction in his beliefs, particularly in the face of adversity.

"In business, each member of our team brings a unique perspective born from an accumulation of their beliefs and unique experiences," Koras says. "I encourage [REP1 staff members] to strongly voice their opinion, whether it aligns with my own or not, as we pursue the collective goal of quality service. Owning what each of us brings to discussions makes everyone stronger, day in and day out. As we approached the later stages of the negotiation with the Red Sox, our team's varying skill sets and perspectives not only pushed its members further, but it also built bridges within the organization that benefit all of our clients."

Related:Believe in Yourself and Entrepreneurial Success Will Follow

Robert Tuchman

Entrepreneur Staff

Host of How Success Happens

Robert Tuchman is the host of Entrepreneur'sHow Success Happenspodcast and founder ofAmaze Media Labsthe largest business creating podcasts for companies and brands. He built and sold two Inc. 500 companies: TSE Sports and Entertainment and Goviva acquired by Creative Artists Agency (CAA).

Editor's Pick

Related Topics

Devices

Get This 4-in-1 USB-C Charger for Apple Devices for $19.99

Get this useful, lightweight charger for a great price (regularly $29).

Business News

The 20 Most Affluent Places in the U.S.

There are some places in the U.S. where the average household income is over half a million dollars.

Business Solutions

Get MS Office for Mac and Rosetta Stone for $199.99 (reg. $518)

Boost your skills and take advantage of these lifetime deals on sale for a limited time.

领导

A Guide to Effective Crisis Leadership — Key Steps to Lead Your Team Through Turbulent Times

The essential strategies and skills required to be a successful crisis leader and guide your organization through difficult times.

Personal Finance

5 Entrepreneurial Mindset Principles That Empower Financial Literacy

Adopting the right mindset is key to financial literacy. Follow these five guiding principles to enhance your understanding of wealth creation and growth.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.