After 2 straight years of lousy drafts for its NFL-headed clients since its 2006 inception, costly CAA Sports finally found that the 3rd time was the charm. Let’s not forget that, under the 2-year-old division head Tom Condon’s guidance, primo NFL prospects Brady Quinn and Matt Leinart plummeted to No. 22 in 2007 and No. 10 in 2006 respectively, losing many millions of dollars as a result. (Lucky for Quinn, he’d already signed a bunch of endorsement contracts. Not Leinart, who a year later fired CAA.) Today, however, CAA Sports clients were all top draftees: Jake Long went No. 1, Matt Ryan No. 3, and Vernon Gholston No. 6. 2008 NFL Draft story here. But the cost of the operation is staggering: which is why I hear CAA renegotiated with Condon’s former boss IMG to keep paying back commissions for only 2 years instead of 3 because it was having money troubles…

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