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Rich Paul
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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.
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.
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...
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...