LeBron James officially filed paperwork with the NBA Player’s Association on Wednesday afternoon to change to a new agent. He has parted ways with former agent Leon Rose of Creative Artists Agency and will now be represented by his longtime friend, Rich Paul.
Rich Paul has left Creative Artists Agency to start his own company called Klutch Sports Management. Paul had been working with CAA since 2008 and has represented Los Angeles Clippers guard Eric Bledsor, San Antonio Spurs guard Cory Joseph and Cleveland Cavaliers forward Tristan Thompson to name a few.
James feels that Paul has gained the necessary experience over the past few years required to represent him.
Creative Artist Agency represents some of the NBA’s top level talent including two of Miami’s other big three, Dwyane Wade and Chris Bosh, Clippers guard Chris Paul, and New York Knicks forward Carmelo Anthony.
In an interview Rich Paul had with Yahoo! Sports in June, he made the following remarks about his career and life with a friend like LeBron James:
“Being young and black and going into a business where you are trying to establish position and where you are able to make business decisions with the lack of what people would call an education, not having a degree … no one wanted to give us a chance.”
“We were able to come through that and learn from a lot of people that we had around us and position ourselves to be, not necessarily just successful economically, but successful from a positioning standpoint to have a bright future.”
“It was a rough situation. But given the opportunity [James] gave all of us, it’s a blessing. It was up to us to cultivate that blessing and move forward.”
Neither James nor Paul has commented at this time on the departure from CAA and Rose. The Sports Business Journal first reported Jame’s departure from Rose and the agency.