It’s the season of huge contracts for NBA players. The latest name on the long list of players who have secured a big contract in the past few months is Los Angeles Lakers superstar Anthony Davis. A few hours ago, he agreed to a massive $186 million 3-year extension with the Lakers, which has caught the attention of the NBA world. While everyone talks about Davis and his huge contract, the real winner is LeBron James‘ millionaire business partner.
It is none other than super-agent Rich Paul. With a huge number of superstars under him, Paul has achieved a historic feat that paves the way for future agents.
LeBron James’ millionaire agent achieves historic feat
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Rich Paul is a name that needs little to no introduction to the NBA world. After all, he is the founder and head of Klutch Sports Group, which handles over 30 NBA stars.
With a client roster having names like LeBron James, Anthony Davis, Draymond Green, and numerous others, Paul has amassed huge fortunes over the years.
A few days ago, super agent Jeff Schwartz held the #1 spot on the agents list with around $519 million in active salaries, according to Hoops Hype. He represents 2023 NBA champions Nikola Jokic, Jamal Murray, and many others.
Paul’s client Anthony Davis secured a historic $186 million, 3-year contract extension with the Los Angeles Lakers a few hours ago. This takes Paul to the top of the agents’ rankings with over $600 million in salaries, and it will be tough to catch up with him anytime soon.
Paul has sealed over a billion dollars in NBA contracts
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Rich Paul is a master of his work. He is the unsung hero behind some of the biggest contracts in NBA history. In fact, he has secured over $1.4 billion in NBA contracts over his time as an agent, according to Forbes. Interestingly, Paul was behind James’ return to the Cleveland Cavaliers in 2016.
Currently, Paul has a net worth of around $120 million. Apart from his work as an agent, Rich Paul is also LeBron James’ business partner. He met James when the NBA superstar was still in high school. This started an incredibly fruitful relationship, eventually helping King James become the highest earner in NBA history.
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