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

NFL Requests Video Footage Of Packers’ Star Josh Jacobs Incident

Green Bay Packers running back Josh Jacobs remains on the commissioner’s exempt list for a…

14 hours ago

Emotional Return For Raiders’ Jack Bech Ends In Devastating Fashion

Las Vegas Raiders WR Jack Bech left the Caesars Superdome with a broken forearm after…

14 hours ago

Spurs Legendary Ex-Coach Gregg Popovich Marries Ex-Wife Of Assistant Coach

Former San Antonio Spurs coach Gregg Popovich recently got married to Mary Barth Budenholzer, the…

14 hours ago

Dolphins’ RB De’Von Achane Out For The Year, Raising Prospects For First Ever 0-17 Season

Miami's situation has gone from bad to worse for the Dolphins. Star RB De'Von Achane…

15 hours ago

Sean McVay Hopes The Rams Won’t Play Another Game In Australia After Week 1 Loss

After a lackluster season-opening loss, Los Angeles Rams coach Sean McVay said he will not…

2 days ago

Saquon Barkley Injury Update: RB Ready To Play Against Bears

Philadelphia Eagles RB Saquon Barkley left last Sunday's game against the Tennessee Titans with a…

2 days ago