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It is no secret that professional sports players are some of the world’s highest-income earners. From basketball to soccer to American football, these athletes earn a top dollar through highly negotiated contracts to play the game they love. But who are the people who ensure these massive deals are secured? Agents have been on the front lines of deals and negotiations to ensure their clients receive the “big bucks” and contracts that reflect their skillset and worth. One of the more prominent firms involved in some of sports’ largest deals is Klutch Sports, led by founder Rich Paul. View this post on Instagram A post shared by Rich Paul (@richpaul) According to an AFROTECH™ profile, Paul built his career without attending college. After high school, he started reselling vintage jerseys, which led to a chance meeting with LeBron James in 2002. At the time, James, a 17-year-old basketball phenom, admired Paul’s powder blue Warren Moon Houston Oilers throwback jersey in an airport,...
In April 2023, Jalen Hurts inked a five-year, $255 million extension, including nearly $180 million guaranteed, making it Klutch Sports Group’s first significant quarterback contract, according to Sportico. Founded by Rich Paul in 2012, the leading sports agency has disrupted the industry ever since.
Rich Paul is bringing his business expertise to one of the leading global entertainment companies. The Klutch Sports Group founder and CEO has been appointed to Live Nation Entertainment’s Board of Directors, according to a press release, joining other familiar faces like Maverick Carter and Jimmy Iovine.