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Marc Roberts | |
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Born |
Newark, New Jersey, U.S. | September 20, 1959
Occupation | Sports agent |
Spouse | Marci Lynn Mazzotta |
Children | 2 |
Marc Roberts (born September 20, 1959) is an American entrepreneur, real estate developer and businessman. He is the first person to take a sports management company public in the United States.
Roberts was born in Newark, New Jersey, and raised in nearby West Orange. [1] Roberts "got into the agent business" at the age of 19 while attending American University in Washington, D.C., where he played on the university's basketball team. [2] Roberts's teammate, Russell Bowers, was the nation's leading scorer, and Roberts became his agent against his coach's orders. [2] Roberts dropped out of American University after three semesters to focus on being a sports agent full time. [3] [fn 1]
Roberts began promoting amateur boxing bouts at Plainfield High School in 1980. [4] At the age of 19, Roberts became the youngest person to promote a professional boxing match. [5] When Roberts was 21 years old, his client Donald Curry won a world championship, his first client to do so. [6] In 1988, Roberts, then aged 28, signed three new boxers, including Ray Mercer and Shannon Briggs. [7] In 1990, Roberts took his sports management company, Triple Threat Enterprises, public on NASDAQ. [8] Roberts later founded Worldwide Entertainment & Sports Corporation, which became the first "full–service sports management company" to go public on NASDAQ. [5]
Roberts developed an interest in real estate and started investing in small projects. In 2000, he moved to Florida where he concentrated on residential real estate. A short few years later, Roberts had completed over $1 billion in condominium conversion projects around the country and was a partner in Sunvest, a condominium conversion company. Roberts'other investments include oceanfront properties in Florida ( Singer Island, Fort Lauderdale, South Beach, several intracoastal properties in Palm Beach County) and a 32‐story residential building, called the Metropolitan, on the Upper East Side of Manhattan. [9]
Roberts then shifted to commercial properties in Miami by co‐founding Miami Worldcenter, the second largest mixed use development planned in the United States. Marc Roberts Companies became a real estate investment and development firm with upward of $1 billion in investments.[ citation needed] Roberts' portfolio includes over 10 acres of property in Miami contiguous to the Miami Worldcenter Roberts is also a co‐owner of Club E11even, a nightclub and cabaret in Miami.[ citation needed]
In 2005, Roberts was honored as Man of the Year by the Crohn's and Colitis Foundation of America. [10]
As of 2018, Roberts lives in Miami Beach, Florida with his wife Marci Lynn and two sons, Ryan and Justin Roberts. [11]