The Goldman Sachs Group, Inc. (NYSE:GS) is nearing a deal to buy a majority stake in talent agency Excel Sports Management, LLC at a valuation of about $1 billion, the Financial Times reported on Thursday, citing two people familiar with the matter. Goldman?s asset management division is in late-stage talks to buy a controlling stake in the agency that represents Tiger Woods, Caitlin Clark and Derek Jeter, the report added. The deal could be announced as soon as next week.

Goldman Sachs and Excel Sports did not immediately respond to Reuters? requests for comment.