News

Nerlens Noel Files Lawsuit Against Former Agent Rich Paul

Knicks center Nerlens Noel has filed a lawsuit against his former agent Rich Paul and his firm, Klutch Sports, for breach of fiduciary duty, breach of contract and negligence. The legal dispute began after Paul, who represents superstar players LeBron James and John Wall, filed a grievance with the National Basketball Players Association, claiming that Noel didn’t pay the required $200,000 in commission on his last, one-year contract with the Knicks.

“Noel’s frustrations with Paul came to a tilt in December 2020 when he learned that Paul had a history of mismanaging and ignoring other clients and costing them significant money,” the lawsuit reads. “The belief was that Paul and Klutch Sports were only focused on serving their ‘marquee’ clients and did not have the capacity to provide competent service to other clients such as Noel, or players like Norris Cole or Shabazz Muhammad, as additional examples.”

Noel claims that Paul is responsible for $58 million in lost wages. The Kentucky standpoint met the mega-agent at Ben Simmons‘ birthday party in Los Angeles during the 2017 offseason. At that time, Noel was represented by agent Happy Walters and was offered a four-year, $70 million contract with the Dallas Mavericks. However, Noel fired Walters soon after meeting Paul, who convinced his future client that he could get him a “max deal,” and that he “was a 100 million man.”

After turning down the lucrative contract, Noel re-signed with the Mavs, agreeing to a one-year, $4.1 million deal. After a thumb injury limited him to just 30 games during the 2018-2018 season, Noel played two seasons with the Oklahoma City Thunder while making the league minimum.

Subscribe to our free weekly newsletter!

A week of sports news in your in-box.
We find the sports news you need to know, so you don't have to.

Fortunately, Noel seems to have found a refuge in New York. Last season, Noel averaged 2.2 blocks last season, good for third in the NBA, and recently agreed to a three-year, $32 million contract negotiated by his current agent George Langberg.

Alex Sherman

Alex holds a Bachelor of Arts from McGill University and is passionate about covering sports-related stories that extend beyond the box score.

Recent Posts

Paul George Exits With Knee Injury As 76ers Fall To 2-12 In Loss To Grizzlies

With their big three finally back in action Wednesday, the Philadelphia 76ers suffered another setback…

10 hours ago

VIDEO: Nike Pays Tribute to Rafael Nadal With 30-Foot Projection In Front of Eiffel Tower

https://www.youtube.com/shorts/tny--EWynOQ Nike paid tribute to Spanish tennis legend Rafael Nadal with a 10-meter-tall animated display…

1 day ago

VIDEO: Rafael Nadal Gets Emotional Tribute as He Retires From Tennis

https://youtu.be/dtJoJz9hC48 Tennis legend Rafael Nadal bid a heartfelt goodbye to his devoted Spanish fans as he brought…

1 day ago

VIDEO EXCLUSIVE: U.S. Olympic Fencer Eli Dershwitz Explains The Art Of Fencing

https://www.youtube.com/shorts/DQ9Rxhnuer4 U.S. Olympic fencer Eli Dershwitz shed light on the critical skills necessary in fencing…

2 days ago

Two Bears Offensive Linemen Return To Practice, Caleb Williams Desperate For Blocking

Two offensive linemen for the Chicago Bears returned to practice, a massive step in the…

3 days ago

VIDEO: UFC Heavyweight Champion Performs Viral Trump Dance In New York

https://www.youtube.com/shorts/s2g9t_33Myw President-elect Donald Trump received a warm welcome from Ultimate Fighting Championship (UFC) fighter Jon…

4 days ago