Details on How Rich Paul Allegedly Tricked Nerlens Noel Into Thinking He Was a ‘$100 Million Man’ Costing Him $58 Million in Earnings is Insane
If you haven’t heard the news by now Nerlens Noel is suing Lebron James’ best friend Rich Paul for $58 Million in lost earnings. This is shocking to most people, because Rich Paul is hailed as one of the best agents in the NBA that does right by all his clients. However, allegations from the lawsuit surrounding Rich Paul tricking Nerlens Noel into think he was a max contract player, which led to $58 Million in loses is downright insane.
According to a report from Sports Agent Blog, this situation allegedly started at Ben Simmons’ birthday party when Rich Paul told Nerlens Noel he was a “$100 Million man”, and convinced to to end his relationship with agent at the time Walters. It’s alleged Rich Paul guaranteed Nerlens Noel he could get him a max contract on the free agent market, and that’s when things got real bad.
Nerlens Noel allegedly had a 4 year $70 Million offer from the Mavericks that Rich Paul told him to decline, because he could get a max contract elsewhere. Instead he made him sign a 1 year qualifying offer for $4.5 Million, which would enable him to be free agent after the season. Rich Paul made $180K off that deal, then things got even worse.
During free agency Nerlens Noel thought no teams reached out to him, which led to him signing a 1 year league minimum deal with the Thunder. What he would find out from Brett Brown later was that the Sixers were trying to reach out to him for a lucrative deal, but Rich Paul refused respond, which means he probably did the same to other teams as well.
There’s a lot more to the Nerlen Noels Rich Paul lawsuit story, but this seems to be what stands out most from what is being reported around the internet. Noels is currently on a 3 year $30 Million contract with the Knicks, so it isn’t all bad.
This situation is a real bad hit to Rich Paul’s reputation, and could hinder him getting new clients moving forward.
Author: JordanThrilla Staff
Explore Related Articles
Does Lance Stephenson Have Fake Hair? A Lance Stephenson Hairline Movement...
The Lance Stephenson Hairline Movement is a trend that has taken the fashion world by storm, and is changing the future of hair loss for black men around the world. In recent years, men have been using various techniques to cover up their bald spots, and give the illusion...
Crazy Stat Proves Luke Walton is Second Best Coach in Sacramento...
Despite Luke Walton having another lackluster season with Kings finishing 12th in the West, it was announced he will return as coach next season to many people's surprise. Over the past few seasons people have been calling for Luke Walton to be fired, and he has been dubbed one...
Chris Paul Hugs Lil Wayne Hat Off To Pay Homage to...
It's in the history books now, Chris Paul has made the finals, and there isn't anyone more happy to see that than people from New Orleans where his career started. That love was expressed when Chris Paul hugged Lil Wayne to pay homage to New Orleans, while celebrating the...
