SBD/6/Sports Industrialists

WOOLF'S REPUTATION TAINTED BY CHARGES OF IMPROPRIETY

     A front-page story in Monday's BOSTON GLOBE examined the
legacy of pioneer sports agent Bob Woolf and how the company
bearing his names struggles to remain competitive.  Since his
death in November '93, Woolf Assoc. has dealt with "a spate of
lost clients and lawsuits from his era that together have laid
bare a Boston sports icon's questionable financial practices."
Uncovered documents and testimony from clients and employees
implicate Woolf and the firm with "regularly overcharging
players, engaging in an apparent conflicts of interest by taking
both fees and investment commissions," and pursuing a series of
bad ventures for clients.  Woolf's widow, Anne:  "This criticism
would have made him really sad.  He was trying to do his very
best for his clients, give them a good future and protect them
after their playing days were over."  Currently, Woolf Assoc. is
trying to shape "a new identity" with "a young team of agents and
only three employees left over from the Woolf regime."  The firm,
which has lost 2/3 of its NBA clientele, has increased baseball
clients and expanded into auto racing and golf (Daniel Golden,
BOSTON GLOBE, 2/5).
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