More
Nerlens Noel, Rich Paul settle legal case

Nerlens Noel, Rich Paul settle legal case

Nerlens Noel, Rich Paul and Klutch Sports Group have settled Noel’s legal case – with Noel paying full commissions owed to Klutch Sports on the $5 million Knicks deal in 2020, and Noel withdrawing all legal proceedings.

The case stems from 2021 when Noel filed a $58 million lawsuit against Paul and Klutch, accusing them of doing "little to no work" in securing a market-value deal contract or any endorsement deals. 

Noel claimed that he turned down a four-year, $70 million contract extension from the Dallas Mavericks in 2017 at the direction of Paul, who was recruiting him to be represented by Klutch Sports.

"Paul told Noel that if he terminated his relationship with Mr. [Happy] Walters and signed with him instead, Paul would get him that 'max deal.' As part of this, Paul advised Noel that he should cease negotiations with Dallas, accept the single year qualifying offer, and seek a max deal on the free agent market the following season," the lawsuit stated.

But no max deal came, and Noel instead signed a one-year, $4.1 million qualifying offer with the Mavericks in Aug. 2017.

Noel only made $12.7 million in the four seasons after he turned sown the Mavericks' $70-million extension offer. The difference – $57.3 million – is how he and his lawyers came up with the amount for damages they were seeking. 

While the lawsuit was thrown out last September, Judge Jane J. Boyle recommend the situation be addressed within the NBPA's arbitration system.

Kids KN95 Masks
Stem Cell Therapy Mexico - Puerto Vallarta
KN95 Masks
Latest Injuries
Goran Dragic
Illness
Dragic is questionable for Monday's (Jan. 23) game against Atlanta.
2023-01-23
Chimezie Metu
Knee
Metu is questionable for Monday's (Jan. 23) game against Memphis.
2023-01-23
Immanuel Quickley
Knee
Quickley did not play in Sunday's (Jan. 22) game against Toronto.
2023-01-23
Michael Porter Jr.
Personal
Porter Jr. did not play in Sunday's (Jan. 22) game against Oklahoma City.
2023-01-23
Deandre Ayton
Illness
Ayton did not play in Sunday's (Jan. 22) game against Memphis.
2023-01-23
OG Anunoby
Ankle
Anunoby did not play in Sunday's (Jan. 22) game against New York.
2023-01-23
Kristaps Porzingis
Ankle
The Wizards announced that Porzingis is week-to-week with a sprained left ankle.
2023-01-23
Landry Shamet
Foot
Shamet did not play in Sunday's (Jan. 22) game against Memphis.
2023-01-23
Nikola Jokic
Hamstring
Jokic did not play in Sunday's (Jan. 22) game against Oklahoma City.
2023-01-23
Dalano Banton
Hip
Banton did not play in Sunday's (Jan. 22) game against New York.
2023-01-23
Kids KN95 Masks
Lingerie
Costumes
Dresses
Sexy Lingerie
Subscribe to our newsletter
SUBSCRIBE
Follow Us
Download Our App!
Stay up-to-date on all things NBA
Download the BasketballNews.com App on the App Store
Download the BasketballNews.com App on the Google Play Store
Copyright © BasketballNews.com 2020. All Rights Reserved.
NBA News & Rumors