Mark Termini Rumors
The meeting lasted close to three and a half hours. Dan Gilbert says agents Mark Termini and Rich Paul gave away nothing. No hint or nod or wink of which direction James was leaning. It wasn’t a negotiation. These were the terms LeBron wanted: a two-year deal with a player option on the second year to maintain maximum flexibility and leverage. If he kept signing 1-and-1s, becoming a free agent each summer in the process, the Cavs’ feet would always be at the fire. The balance of power would be in LeBron’s favor.
It’s the two-week mark of the Tristan Thompson holdout, which means it’s time to give an update on the proceedings. There’s no communication ongoing between the Cleveland Cavaliers and Thompson’s agents, Rich Paul and Mark Termini, Northeast Ohio Media Group has learned.
Longtime NBA agent Mark Termini, renowned as a masterful negotiator, represents Koufos. He is also the senior advisor of negotiations for Rich Paul’s Klutch Sports Group agency. Termini has an excellent relationship with Cavaliers ownership and management.
Most agents and business associates of key Cavaliers players are on full alert to keep clients out of the tentacles of Klutch. The Klutch sales pitch has been predictable: Come with us, get paid with the Cavaliers. As much as anything, James has set up Rich Paul with a sweet gig: Paul doesn’t negotiate the contracts for clients, nor does he do the marketing for LeBron James. Those jobs belong to Mark Termini and the Fenway Sports Group, respectively. Nevertheless, Paul is the personable frontman, the secondary recruiter behind James himself.
The Suns offered Bledsoe a four-year, $48 million contract in July, but Bledsoe’s representatives insist that the guard’s value is a full maximum contract. There’s been minimal communication between Bledsoe’s representatives and Suns officials since the franchise’s offer in July. Bledsoe’s representatives with Klutch Sports, Rich Paul and Mark Termini, were unable to find a consequential offer sheet to force the Suns into matching a deal. Timberwolves president and coach Flip Saunders has been represented by Termini for much of his coaching career.
Paul, a graduate of Benedictine High School, has begun a working relationship with Cleveland agent Mark Termini, who will oversee contract negotiations for Paul’s clients. Termini founded Mark Termini Associates Inc. in 1986 and has negotiated more than $400 million in pro sports salaries. He has represented 15 first-round picks in the NBA and served on the Agent Advisory Committee to the National Basketball Players Association for the 1993, 1997 and 2003 NBA collective bargaining negotiations.
Termini will continue to run his agency and represent Nuggets center Kosta Koufos and several players overseas. His existing clients will not become part of Klutch Sports. The two companies will remain separate entities.