Bill Duffy Rumors
Wiggins no longer has an agent, not after firing one of the league’s most respected ones, Bill Duffy, after he negotiated a five-year extension in which the Wolves gave Wiggins all they could by NBA rules. Wiggins said Friday he’s not certain if he will hire another agent again. Instead, he has a manager, a lawyer and the experience of his parents, both of whom were professional athletes. “It’s not as hard as you think,” Wiggins said. “Me and Bill, we were good. It was nothing against him at all. It was more about a business point of view from my end. I wish him all the best of luck, I wish his agency the best of luck because they did nothing but good on my side.”
After agent Bill Duffy negotiated a five-year, $148 million maximum contract extension for forward Andrew Wiggins with the Minnesota Timberwolves, it is unclear how quickly Wiggins will sign the deal after he filed papers to sever ties with his representation at BDA Sports.
Minnesota management sent Duffy and Wiggins a contract for a rookie extension deal, but Wiggins filed paperwork Tuesday with the National Basketball Players Association to terminate his relationship with the agency, Duffy told ESPN.
Duffy, the chairman of BDA Sports and one of the league’s most prominent player agents, told ESPN on Tuesday that he had recently been made aware of rival agencies and potential start-up enterprises who were recruiting Wiggins with inducements that included no commission fees on contracts.
In the offseason, the largest source of “sourced” information comes from the agent community. While there are some agents, you have likely heard of such as Dan Fegan, Andy Miller (ASM Sports), B.J. Armstrong (Wasserman), Bill Duffy (BDA Sports), and Jeff Schwartz (Excel Sports), these are the top of the food chain in the agent world. However, the army of support agents that work under them or the smaller agents that have a small group of clients make up the biggest percentage of the agent community. They also make up the largest sewing circle of NBA information out there.
Taylor spoke with Wiggins when the two attended assistant coach Ryan Saunders’ wedding in July, but the owner is looking for a little more substance before they close the deal. Wiggins’ agent, Billy Duffy of BDA Sports, is expected to arrive in town next week to continue the discussions, and a five-year, $148 million extension could happen soon after.
“The lack of smoothing has made it quite a bit challenging this summer,” prominent agent Bill Duffy said last week. “This, in addition to the decline in revenue distributed into the marketplace this summer has resulted in a significant and unanticipated stagnant free agent market. There are also quite a few teams that have chosen to not aggressively participate in the free agent market.” Indeed, teams like Atlanta and Indiana, while adding players, have done so very prudently, not looking to spend large amounts of money in rebuilding situations. Other teams like Detroit, Milwaukee and New Orleans, that were close to exceeding the tax threshold and paying luxury tax next year, have been very judicious in their moves to stay below the threshold.