As news broke that the Los Angeles Lakers had not only fired longtime general manager Mitch Kupchak, but also lured power agent Rob Pelinka as his replacement, the ears of player representatives across the country perked up. Pelinka boasts an impressive list of clients—ranging from James Harden to Buddy Hield—and will have to divest his ownership stake in his agency, Landmark Sports, which has sparked a vast number of phone calls from rival agents. “It will be like the wild, wild west,” one rival agent told The Crossover. “It’s like a real life Jerry Maguire,” said another.
A league source also said Pelinka will still collect his allotted fees for the remainder of each player contract he has negotiated. For all player contracts above the minimum salary, agents who negotiate deals are due 4% of the player’s annual salary. For example, through James Harden’s $118 million extension with the Houston Rockets alone, Pelinka will earn $4.72 million through 2020, while also commanding an assured multi-million dollar annual salary from Los Angeles. DraftExpress lists the current and future known guaranteed salary for Pelinka’s primary clients at a staggering $363,740,424, equating to over $14.5 million for his services.
Waiters said that he’ll remain with Pelinka’s Landmark Sports Agency for the foreseeable future, and represented by agent Brandon Rosenthal. Pelinka was Kobe Bryant’s longtime agent, an obvious Lakers tie. Some of his other NBA clients include Chris Bosh, James Harden and Eric Gordon. Waiters said Pelinka going to the Lakers in such a capacity was “a dream come true.” “He took a big-time job that you really can’t turn down,” Waiters said.
Walton said he had no involvement with the Lakers hiring Pelinka, which can’t become official until he completes the divestiture process with his business. Walton sounded fine with the idea after meeting Pelinka casually through players he has represented, including former Lakers guard Kobe Bryant, Golden State forward Andre Iguodala and Cleveland forward Channing Frye.