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SBD/September 14, 2012/Labor and Agents
What Effect Will LeBron James' Departure From CAA Sports Have?
Published September 14, 2012
STORY JUST UNFOLDING: Grantland.com's Bill Simmons said James' move feels "like a developing story.” Simmons: “CAA has done a lot of repair work for LeBron since The Decision. ... I wonder if CAA thought there were maybe some ethical issues going on, especially if (Klutch Sports Management) is going to represent players and LeBron’s involved. Now we don’t know if he’s going to have an ownership stake in this company or not” (“PTI,” ESPN, 9/13). USA TODAY’s Jeff Zillgitt writes it “remains unclear whether Paul will bring other players from CAA” to his new firm, Klutch Sports Management. It is “likely Klutch will target top players coming out of college basketball, and James brings automatic cachet to the agency” (USA TODAY, 9/14).