Full Name Teague Egan | Name Teague Egan | |
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Born July 6, 1988 (age 35) ( 1988-07-06 ) Fort Lauderdale, Florida Occupation Founder and CEO of 1st Round Enterprises | ||
Teague Egan (born 6 July 1988) is an American businessman, investor, and philanthropist. He is the founder and CEO of 1st Round Enterprises. At age 22, he became youngest and first contract agent certified by the National Football League Players Association prior to graduating college. After studying business entrepreneurship at the University of Southern California, Egan completed the Executive Program in exponential technology at Singularity University.
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Early life
Teague Egan was born in Fort Lauderdale, Florida and attended Pine Crest School before he graduated from St. Thomas Aquinas High School in 2007.
Career
Egan started 1st Round Enterprises out of his college dorm room in 2008, with his classmate Sterling Brewster. The entertainment promotions company held events at entertainment venues throughout the Hollywood area, including the J Restaurant and Lounge.
Record label
Quickly after in 2009, Egan co-founded 1st Round Records, an independent record label with partner and friend Zack Johnson. In March 2010, the company released Sammy Adams debut album Boston’s Boy, which reached number one on the iTunes hip-hop charts. The label has gone on to sign numerous acts such as Bridge, Forever Kid, Yonas, and Robert Lawrence across different genres including hip hop, pop, R&B, and electronic music.
Sports agent
Egan became an NFLPA certified contract agent in October 2010 making him the youngest certified agent in the history of the National Football League. In certifying Egan, the NFLPA waived its requirement that agents hold an undergraduate and postgraduate degree on the basis of Egan’s negotiation experience from prior business ventures. He was the first person to obtain a contract agent certification from the NFLPA while still an undergraduate student.
Controversy
In November 2010, he was found to have given a free ride in his personal golf cart to USC football player Dillon Baxter, which was a violation of National Collegiate Athletic Association rules concerning extra benefits to student-athletes. Authorities deemed the one block golf cart ride to be worth a value of $5, and ordered Dillion to donate the $5 total to a local charity of his choice as repayment for the ride. In December 2010, Egan’s contract agent certification was revoked by the NFLPA, which cited his gifting of a ride to Baxter in its revocation. USC went on to institute a new athletes and agents policy, which required "advance notification from all students, staff and third parties about any involvement with a sports agent prior to any interaction with student-athletes on USC's campus.” This has become known as the “Teague Egan rule.”
1st Round Enterprises
Egan founded 1st Round Enterprises in 2009 with Zack Johnson, Sterling Brewster, and Riley Egan. 1st Round Enterprises released Sammy Adams’ album Boston’s Boy in 2010. The company also has a venture capital arm that has invested in numerous companies including UNCL, a comfort clothing line, Humin, a personal contacts technology application, and BPG Werks, a power sports machine manufacturer, among others. Egan formed 1st Round Athletics in February 2014. The same month, 1st Round Athletics released a sportswear line featuring men’s and women’s athletic apparel made from a mineral-embedded fiber textile.
Entrepreneurship
Egan was one of the original founding ambassadors of the Kairos Society. He is the director of its Alumni Committee. He also sits on the board of advisors of the Nantucket Project.
Family
Egan lives in the Marina Del Rey area of Los Angeles, California. His father, Michael Egan, was the founder of Alamo Car Rental, and was previously involved in Nantucket Nectars, and theGlobe.com. Teague Egan co-founded 1st Round Enterprises with Riley Egan, his brother who serves as president of 1st Round Pictures.