6 Years Before Brokering $390,000,000-Worth Deals, NBA Investigated Rich Paul’s Klutch Sports Regarding Billionaire LeBron James’ Investment

The most beautiful part of the NBA offseason is upon us. With mock drafts and rumors everywhere, each signing affects the grand design of winning a championship. Amidst these numbers, one name that shined the brightest was Rich Paul. Rich Paul owns Klutch Sports and is a long-time friend of Lebron James. On the first day of free agency, Rich showcased his prowess by signing three insane deals totaling $ 390 million.

Witnessing this domination, The Los Angeles Lakers superstar could not help himself praising the 41-year-old on social media. He took a jab at people who doubted Rich’s effectiveness and Klutch Media. “And y’all still wanna question is Rich Paul is the H.I.M.,” James posted in a tweet. “It says a lot about you if you not feeling us. I told him less is more it’s plenty of us,” a tweet followed.

Breaking down $390 million-worth Klutch Sports’ deals

Rich Paul’s first on three successful signings of 2023 free agency came in Draymond Green. Green agreed to resign with Golden State Warriors on four years $100-million contract. Warriors earlier cleared cap space by acquiring Chris Paul for Jordan Poole. The Warriors trio is now officially back together with another legendary name by their side. Another feat for Rich Paul happened when Portland Trail Blazers gave Jeremy Grant a five-year $160 million deal. The Blazers now display that they are seriously pursuing contending for a championship with Damian Lillard. 

The final and the one that made history, Klutch Sports managed to provide Fred VanVleet with a three-year $130-million contract with the Rockets. The deal makes VanVleet the first-ever undrafted player to sign a $100 million contract in the NBA. Having first-hand experience of winning a championship, Fred will be an important asset in the Rocket’s rebuilding. 

Rich founded Klutch Sports in 2012 with Lebron James being one of the first players to be represented by the company.

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LeBron James’ investigation on links with Klutch Sports

Lebron James is not only of the greatest basketball NBA players but also an excellent entrepreneur. One of his qualities is to consume himself in whatever he does. Be it on-court or off-court ventures. He has high praise for the CEO and is also represented by Klutch Sports. Now, Lebron claiming to think of Rich as a family – led NBA to ensure the presence of the line. The barrier prevents Lebron from directly associating with the agency and benefiting from its endorsements. The consequence of such a link could not only stain James’ image but also affect his legendary career.

A thorough research by the NBA was conducted in 2017. At the time, the agency also represented James’ teammates Tristan Thompson and J.R Smith. Soon, Brian Windhorst of ESPN reported that NBA had enquired and concluded that Lebron does not own any share in Klutch Sports. 

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If the findings hadn’t resulted in favor of James, how could LeBron’s legacy been impacted? Share your views in the comments!