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Rich Paul

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Rich Paul's Klutch Sports Group Has Secured Nearly $4B In Contracts — Here Are The Top 5 Deals

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,...

Oct 1, 2024

Rich Paul's Klutch Sports Group Expands Into The MLB After Acquiring Rep 1 Baseball

Rich Paul’s Klutch Sports Group is expanding its domination in the sports world.

Dec 15, 2023

Rich Paul Confirms Klutch Sports Group Has Negotiated Over $2B In Deals Despite Those Saying, 'This Isn't Gonna Last'

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.

May 19, 2023

Live Nation Appoints LeBron James' Agent And Klutch Sports Group CEO Rich Paul To Its Board Of Directors

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.

Apr 14, 2023

Meet 3 Black Men In LeBron James' Business Circle: 'I Am So Grateful And Blessed That We Found Each Other'

They don’t call LeBron James the GOAT for no reason. On top of breaking records such as becoming the NBA’s all-time leading scorer, the basketball star has built a business empire on and off the court. As previously reported by AfroTech, James’ numerous investments — which account for over $500 million of his wealth — have led him to reach billionaire status.

Feb 21, 2023

Naomi Osaka, Patrick Mahomes To Become The Latest Athletes To Invest In The 'Fastest-Growing Sport In America'

Tennis superstar Naomi Osaka and NFL quarterback Patrick Mahomes are said to be the latest pro athletes to join the pickleball craze! According to Front Office Sports, the two superstars are set to invest in a new Major League Pickleball team that is rumored to be based in Miami, FL.

Dec 15, 2022

A New Power Couple? — Adele & Rich Paul Would Create An Empire Worth Over $300M If They Tied The Knot

Are Adele and Rich Paul the next Hollywood power couple? With rumors abounding about Adele and Rich Paul’s engagement, Pretty Little Thing has released a blog that has compiled a list of the top-earning Hollywood pairs of 2022. “We’ve looked at the couples’ combined social following, social engagement, Google search numbers, media coverage, and combined net worth to determine which couples officially reign over the others. And these are the results,” Pretty Little Thing said about their findings. Power couples are the perfect example of a true partnership. The couples that get their money together, stay together — and we absolutely believe that Black generational wealth in our lifetimes is 100 percent possible, even if they don’t always look as we expect. Dollars and cents wise, Adele and Rich Paul would definitely be amongst the most powerful pairs in Hollywood. In terms of “power couples,” they’d be joining the likes of Jay-Z and Beyoncé, Cardi B and Offset, and LeBron and...

Here's How LeBron's Agent, Rich Paul, Became Almost As Successful As His Most Famous Client

Rich Paul is living, breathing proof that being in the right place at the right time can determine your destiny. In 2002, while walking in an airport, Rich Paul met a 17-year-old rising star in the basketball world. That “rising star” turned out to be LeBron James. And according to Business Insider, without Rich Paul’s guidance, Lebron would have never returned to Cleveland, thus kicking off a career that can only be described as legendary. “Paul had been pushing for LeBron’s return to Cleveland for years, calling it ‘something of a mission,’ reported the outlet. “After James opted out of the final year of his contract with Miami, Paul encouraged the Cavs to ‘offer no restraint in the recruitment of James.’ Cleveland responded by immediately making a trade to clear enough cap space to sign LeBron.” Today, Rich Paul is a sports agency founder who has generated wealth for his impressive roster of clientele. Basketball players all over the league sign up with him in the hopes that...

Klutch Sports Group Founder Rich Paul to Release Debut Memoir Under Roc Lit 101 Publishing

Today, Roc Lit 101 — the publishing division of Jay-Z’s Roc Nation and an imprint of Random House — announced it has acquired Klutch Sports Group Founder and CEO Rich Paul’s debut coming-of-age story, “Lucky Me.” In his first memoir, Paul — who’s known for representing NBA stars such as LeBron James, Anthony Davis, John Wall, Ben Simmons and Draymond Green — pens the story of him growing up and becoming a leading figure in the sports world. The upcoming book details his upbringing in Cleveland, Ohio, his relationships with his community and family, as well as life lessons he learned that helped shape him into who he is today. “Lucky Me is more than my story,” Paul shared in a statement. “‘Lucky Me’ is the story of every young Black man who grew up like me. I want to use my story to uplift and inspire those who lived this and educate those who didn’t. I cannot tell you what it means to partner with my friend and mentor Jay-Z on this project. Lucky Me was the name of the book before I...

Mar 17, 2021