HoopsHype Agents rumors

September 18, 2014 Updates

With the new investment by Madrone Capital Partners, Wasserman will continue its role as the majority shareholder. This summer, Forbes.com recently listed Wasserman Media Group as the world’s fifth most valuable sports agency, with $1.52 billion worth of contracts under management. Sports Agent Blog

September 15, 2014 Updates

Thompson and the Warriors have until Oct. 31 to agree on an extension that would ensure the "Splash Brothers," as he and All-Star point guard Stephen Curry have been dubbed, are in the same pool for years to come. Failing to reach a deal would mean he'll become a restricted free agent next summer, a scenario that Thompson and his agent, Bill Duffy, would prefer to avoid. Yet Duffy is widely known to be demanding a maximum contract that the Warriors would prefer not to pay. His reasoning? He sees Thompson as the best shooting guard in the game. USA Today Sports

September 14, 2014 Updates

So Minnesota president and coach Flip Saunders has to make a decision on his willingness to extend Rubio's rookie contract with a deal that corresponds with a belief the T'wolves see him as franchise cornerstone. Saunders has had discussions with Rubio's agent Dan Fegan and they'll talk more between now and the Oct. 31 deadline. Without an extension, Rubio can be a restricted free agent next summer. Yahoo! Sports

September 4, 2014 Updates
September 3, 2014 Updates

The league's new labor agreement in 2011, thanks to one of the union's many concessions, moved up the deadline for signing qualifying offers to Oct. 1. Otherwise this saga potentially could have dragged out even longer. Or have you forgotten Anderson Varejao's foray into restricted free agency in the summer of 2007? In that instance, Varejao's agent Dan Fegan rejected what he felt was an unworthy offer from the Cleveland Cavaliers and waited until December until he landed the offer sheet he felt Varejao deserved. Charlotte eventually came through with a two-year, $11 million pact that the Cavs ultimately matched ... after playing without Varejao for the first two months of the season. ESPN.com

September 2, 2014 Updates
August 31, 2014 Updates
August 26, 2014 Updates
August 21, 2014 Updates
August 18, 2014 Updates

The rare contractual language is part of Durant’s deal with Kind Foods, which markets healthy snack foods. Durant signed an endorsement deal with them in March. For the next three years, because of the contract language, you will not see Durant endorsing Coke, Pepsi, McDonald’s, Burger King, Subway, or any of the other mass market behemoths that typically recruit athletes to endorse their products. Basketball industry executives who have negotiated endorsement deals for other athletes said the language was unusually restrictive. SheridanHoops

Paul and James first crossed paths in the Akron-Canton Airport as they were about to board a flight to Atlanta. James, captivated by Paul’s Warren Moon throwback jersey, asked where he got it. It turned out that Paul was selling jerseys out of the trunk of his car and was going to Atlanta to buy more. He gave James his connection in Atlanta, and he told him to drop his name for a discount, and then went on his way. “It was fate,” Paul said. “I could have missed the plane. I could have taken an earlier flight. I could have not worn the jersey. I could have been having a bad day and not spoken to him.” New York Times

They traveled to Amateur Athletic Union tournaments together and played pickup games — Paul was a member of two state championship teams at Benedictine. But mostly they talked: about their favorite television shows and girlfriends, about the classmates at their respective Catholic schools and the affluence they took for granted, about the friends from the neighborhood that they had lost to jail or worse. They also talked about the grind that Gloria James and Rich Paul Sr. endured as single parents and the wisdom and drive each had handed down to them. “He had all these life skills that he got from his dad, and pretty soon I had all these people ask me, ‘Why do you have this Cleveland guy around?’ ” James said. New York Times

It did not get far. Not long after the Cavaliers drafted James out of high school with their top pick in the 2003 N.B.A. draft, he handed a paycheck over to Paul. It was Paul’s first two weeks of a $50,000 annual salary, to do what, exactly, neither of them knew. “He told me that he really didn’t have a job for me, but that he wanted me close and we’d figure it out,” Paul said. Maverick Carter and Randy Mims, two lifelong friends of James’s, were also put on the payroll, and the “Four Horsemen” were born. They had a signature handshake, and they put a silhouette of a knight on their tennis shoes. They promised one another that they would be more than an entourage or posse. They did not know how yet, but James said he knew that he was making a sound investment. New York Times

No one was surprised that Paul was good at recruiting talent, bringing aboard N.B.A. players like Michael Kidd-Gilchrist, Tristan Thompson and Eric Bledsoe. In a bruising business long on paranoia and short on friends, Paul had earned a reputation as a smart, straight-shooting negotiator. “He is a really good communicator and knows the basketball side real well — I could see him on our side of the game someday,” said David Griffin, the Cavaliers’ general manager. New York Times

This summer, Paul told Griffin that James was interested in returning, but said there were no guarantees. “Once LeBron started getting serious about Cleveland, I knew he needed to sit with Dan in person,” said Paul. “He had to talk to him directly.” On July 6, Gilbert flew to South Florida to meet with James. They sat down at the kitchen table, and Gilbert apologized for the letter and “one terrible” night that had eclipsed the previous five rewarding years together. It was clear as well that James was ready to move on, but he was perhaps even more interested in whether the Cavs had the money to immediately build a championship team. Gilbert assured James the Cavs had the resources and were willing to use them. New York Times

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