HoopsHype Lance Young rumors
Stephen Curry has signed a 4-year, $44 million extension with the Golden State Warriors. If his agent takes a 4% commission on the total contract, that agent will receive $1.76 million. But who will be the agent that collects the commissions on the deal? The cause for confusion is that basketball agent Lance Young recently left Octagon and its basketball division, and is expected to join Jeff Schwartz’s Excel Sports Management. Sports Agent Blog
Multiple sources have told Sports Agent Blog that all of Lance Young’s basketball clients stayed with Octagon pursuant to the contract Lance Young signed with his former employer. According to someone with ties to the agency, the Curry extension was brokered by Octagon basketball agent Jeff Austin. Sports Agent Blog
NBA player agent Lance Young has leftOctagon after about a decade working there and is close to a deal to join Excel Sports Management, sources said. If Young, who co-rrpresented Golden State Warriors guard Stephen Curry and other NBA players at Octagon, does join Excel, as expected, he will be the latest of at least five agents who left rival agencies to join the New York-based NBA, MLB and golf representation firm in recent months. Young, reached on his cell phone last week, confirmed he had left Octagon, but declined to comment further. An Octagon official said last week that the agency accepted Young’s resignation, but would not comment further. Excel officials declined to comment for this story. Sports Business Daily
It was not clear which players, if any, will follow Young. He co-represented several NBA players with other Octagon agents and one source said he was not the lead agent but filled more of a client services role with some of the agency’s higher-profile NBA player clients. Curry, for example, was co-represented by Octagon basketball head Jeff Austin and Young. Austin represented Curry’s father, Dell Curry, when he was an NBA player. Young started at Octagon in the early 2000s as a client services manager in the agency’s golf division. One source said they would not be surprised if Young worked in the golf business at Excel. Sports Business Daily
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