HoopsHype Happy Walters rumors

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Not often does one player leaving one agency for another result in a lawsuit but that's what happened after Milwaukee Bucks center Larry Sanders left agent Andy Miller and ASM Sports for agent Dan Fegan and Relativity Sports in the summer of 2013 during the height of free agency. Last month, a New York judge dismissed that lawsuit, which accused Relativity of client stealing and sought financial compensation, and ruled the "Defendants' motion to dismiss Plaintiff's complaint is granted for failure to state a cause of action." The ruling is vindication for Fegan, president of Relativity Sports' basketball division, and Happy Walters, the CEO of Relativity Sports, who was also a defendant in the complaint filed nearly a year ago. USA Today Sports

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Howard was flanked with his agent, Dan Fegan, and Happy Walters, the CEO of Relativity Media and an agent in the company. What those close to Howard had been saying privately for months was clearly apparent through the probing that Howard did himself with Rockets officials: Winning was his most important priority in the process, and most of the evening was spent discussing how the Rockets had a history of constructing themselves around iconic centers in pursuit of championships. Yahoo! Sports

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Walters said adding Fegan was a key move, not just because of his client list, but because of additional areas where he can add value to the group. “Dan has had No. 1 draft picks; he’s done all the negotiating you can do, but Dan is ready to help build a business and that is what we are excited about,” Walters said. “That is what we want to put together here. A lot of smart guys who have a lot of experience looking at how we want to grow sports in the future. What intangibles are we going to be able to identify and monetize and grow businesses around in the future?” Sports Business Daily

November 15, 2012 Updates

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