David Mulugheta, born in 1982 and now 43 years old, has become one of the most powerful sports agents in the NFL. With an estimated net worth of $38 million in 2025, he stands among the wealthiest agents in professional football. His rise from humble beginnings in Dallas, Texas, to president of team sports at Athletes First shows a story of determination, loyalty, and business skill. But how did he reach this level, and why has his name become central in NFL contract negotiations?
Who Is David Mulugheta and Where Did He Come From?
Mulugheta grew up in Dallas, Texas, in an immigrant household that valued education and hard work. After completing his undergraduate studies at the University of Texas at Austin, he earned his law degree at the University of Nebraska. While his path could have taken him into traditional law practice, he chose a different arena—sports representation.
In 2010, he joined Athletes First as an intern, learning the inner workings of one of the most respected agencies in American sports. Within just two years, he became an NFLPA-certified contract advisor, showing that he had both the knowledge and the drive to make a mark in the industry.
How Did Mulugheta Build His Career as an NFL Agent?
The turning point came in 2013, when he represented multiple players in the NFL Draft. Four of his clients were selected that year, including Kenny Vaccaro in the first round. This early success proved he could attract and guide top talent. From that moment on, Mulugheta’s career climbed at a fast pace.
His ability to build strong relationships with clients separated him from other agents. He wasn’t just a negotiator; he became a trusted figure for athletes navigating the pressures of professional sports. Over time, he developed one of the most impressive client lists in football.
Who Are David Mulugheta’s Biggest Clients?
Mulugheta now represents more than 40 NFL players, including some of the league’s brightest stars. His roster features Jalen Ramsey, Deshaun Watson, Micah Parsons, Jordan Love, Michael Thomas, and Kyle Pitts. Each of these players has secured high-value contracts, often setting benchmarks in their positions.
One of the most notable deals was Deshaun Watson’s five-year, $230 million fully guaranteed contract with the Cleveland Browns in 2022. That agreement made NFL history, and Mulugheta was at the center of it. Similarly, he brokered a five-year, $105 million deal for Jalen Ramsey with the Los Angeles Rams, making him the highest-paid defensive back at the time.
Why Is Mulugheta’s Name in the News with the Cowboys?
Recently, Dallas Cowboys owner Jerry Jones made dismissive remarks about Micah Parsons’s agent, hinting he wasn’t worried about him. Parsons, the Cowboys’ defensive star, quickly defended Mulugheta, showing the bond between player and agent.
This episode highlighted Mulugheta’s influence in negotiations. While Jones downplayed his presence, the fact remains that Mulugheta is directly tied to Parsons’s future contract talks. With Parsons expected to secure one of the biggest defensive contracts in NFL history, Mulugheta will once again play a crucial role.
What Is His Role at Athletes First?
As president of team sports at Athletes First, Mulugheta oversees some of the biggest deals in professional football. His leadership ensures the agency remains at the top of the NFL representation market. Athletes First is recognized for having one of the largest client pools in the league, and Mulugheta’s presence has only strengthened its reputation.
He manages contract negotiations, endorsement opportunities, and the long-term careers of athletes. More than just handling numbers, he ensures his clients are financially protected and personally supported.
How Does Family Influence His Work?
Mulugheta often credits his family for grounding him throughout his rise. He is married with three sons, and his commitment to his family life has been a driving force in his career. The loyalty he shows at home extends to his clients, many of whom consider him more than just an agent.
A close example is Jalen Ramsey, who is godfather to one of Mulugheta’s children. Their friendship illustrates the level of trust that goes beyond business. Mulugheta’s success isn’t just about money but also about building lifelong bonds.
What Is David Mulugheta’s Net Worth and How Did He Earn It?
As of 2025, Mulugheta’s net worth is estimated at $38 million. His wealth comes primarily from commissions on negotiated contracts. Sports agents typically earn 3 percent of the total value of NFL deals, and with Mulugheta’s clients signing some of the most lucrative agreements in history, his earnings have grown quickly.
For example, Watson’s $230 million contract alone could have brought Mulugheta millions in commissions. Add to that Ramsey’s $105 million deal and the multiple other contracts he has managed, and it is clear how he reached such financial success. His ranking as the 11th most powerful agent in the world is a reflection of both his income and influence.
Why Is Mulugheta Considered a Trailblazer?
In a field historically dominated by older, white agents, Mulugheta has carved out a path for young Black sports representatives. He often speaks about wanting to inspire others to follow his lead, proving that talent and determination matter more than background.
His journey from intern to agency president in just over a decade is remarkable. He is not only shaping the financial futures of athletes but also reshaping the landscape of sports representation itself.
