One of the most important individual in a sportsperson’s professional career is their agent. From networking to negotiating contracts with teams and sponsors, agents can make or break a player’s career. Dealing with dollars that run into the millions means that these agents bring in big bucks, for their client and for themselves. This has worked exceptionally well for Rich Paul, founder of Klutch Sports Group. Some of his most popular clients include Lebron James, Jalen Hurts, Odell Beckham Jr., Anthony Davis, Chase Young and DeAndre Hopkins.
Recently, the 41-year-old sat down for an interview where he revealed a shocking detail about his clientele.
LeBron James’ agent flexes multi-billion dollar value
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Paul, in an interview with CBS News was asked by the host to share some of the big names that everyone would recognize. He quickly replied, “I mean which sport do you want?” He dropped a few names that would sure make anyone jealous of his connections. When asked about the total value of contracts he has negotiated, Paul stumbled for a bit.
Rich Paul then answered with doubt, “I would say it’s 3 billion. I think..”
The Cleveland native deals with so many dollars, that he doesn’t even know the full value, which is at $4 billion! Guess it is most common for someone who is on the go at all times.
Getting Richer with every deal
Rich Paul is known to negotiate multiple million dollar contracts bringing the best out of the deal for his clients.
This year he got his client, Fred VanVleet, the largest contract for an undrafted player ever. With three years at the max, he worked out a $130 million deal for the Houston Rockets point guard.
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Last year, he negotiated Cleveland star Darius Garland a $200 million deal, the richest in franchise history.
Having been in the industry for so long, Paul has accumulated an immense amount of knowledge and insight into the workings of the sports world. In 2020, Paul launched “Klutch Conversations” during the NBA All-Star Weekend.
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In association with SocialWorks and General Mills, it aims to encourage financial literacy among young people. With just a high school diploma to his name, Paul has managed to rise above the ranks and is now a revered name in NBA
Continue Reading: Best Friend Rich Paul’s $197,230,450 Move Dethroned LeBron James for Massive Cleveland Crown, Despite Beating Historic Odds vs Stephen Curry’s Warriors