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UTA-Backed Klutch Sports Group Expands Scope With Acquisition Of Agency REP 1 Baseball

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deadline.com
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UTA-backed Klutch Sports Group has acquired sports agency REP 1 Baseball, using it as a foundation for a newly formed division, Klutch Baseball.

Chris Koras, CEO of REP 1 Baseball, will serve as the Head of Baseball for the new division. In 2019, UTA made an investment in Klutch, which was founded by Rich Paul.

In addition to serving as CEO of Klutch, Paul is also Co-Head of UTA Sports. REP 1 has negotiated more than $2 billion in contracts for a number of top-tier Major League Baseball players.

The dollar value of contracts has surged in recent years, highlighted just days ago by the record-smashing signing of Shohei Ohtani by the Los Angeles Dodgers for $700 million.

Read more on deadline.com
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