HoopsHype Agents rumors

September 18, 2014 Updates

It should be noted that though I have no idea what other items would be on that list, there were two “interesting” things that happened around that time — the Rockets hired Howard’s former trainer with the Orlando Magic and they later added Dwight’s brother to the Rio Grande Valley Vipers, though it was largely believed that he wasn’t a good enough prospect to make that jump. See JR Smith-Chris Smith for how nepotism package deals can work. Clutchfans

Earlier this week, it was reported that Wasserman Media Group received a $100 million investment from a Silicon Valley investment group. The investment from Madrone Capital Partners is the second investment Wasserman has taken since the sports agency’s creation over a decade ago. According to SportsBusiness Journal, two years ago, Wasserman received $25 million from Highbridge Capital Partners. Sports Agent Blog

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

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