NFL star Alvin Kamara switches brokers, leaving powerhouse Klutch Sports activities Group

Alvin Kamara # 41 of the New Orleans Saints runs the ball during a game against the Tennessee Titans at Nissan Stadium on December 22, 2019 in Nashville, Tennessee.

Wesley Hitt | Getty Images

The running back of the National Football League, Alvin Kamara, has changed agents again.

The New Orleans Saints star left powerhouse agency Klutch Sports Group – home of National Basketball Association superstar LeBron James – and worked with Atlanta-based Quality Control Sports Management. According to NFL Players Association guidelines, players who change agents must notify the union by letter and wait five business days before the transaction is official.

On your website, Quality control offers Kamara and other NFL players. Los Angeles Rams Wideout DeSean Jackson is part of the company’s stable after taking over Terra Firma Sports Management Last June. Kamara had relationships with quality control officials prior to joining the NFL in 2017.

Quality Control also represents major league baseball players and is a music industry powerhouse with a history of managing global artists including Cardi B and hip hop group Migos.

Kamara, 26, is under contract with the Saints until at least 2025 after she approves five years, $ 75 million complete in September last year. The deal has been negotiated, but Klutch is the second highest contract in the NFL among running backs, just behind Ezekiel Elliott of the Dallas Cowboys, who has a $ 90 million deal.

Klutch landed Kamara in 2020 after the agency bought Revolution Sports to help launch their Football department. Kamara was represented by Klutch agent Damarius Bilbo, and the company is led by prominent NBA agent Rich Paul, who serves as the company’s CEO. Klutch operates under the entertainment company United Talent Agency after investing in 2019.

New Orleans Saints running back Alvin Kamara

Chris Graythen | Getty Images Sports | Getty Images

Paul is one of the most influential agents in the NBA, especially since he represents the game’s biggest star, James. He also represents top players like Los Angeles Lakers forward Anthony Davis, Atlanta Hawks star Trae Young, Draymond Green of the Golden State Warriors and most recently Chicago Bulls security guard Zach LaVine, who had a breakout season Has.

Klutch was founded in 2012 and has now raised more than $ 1 billion in contracts under management. But the agency is also under fire from a former client who accuses negligence.

Last month the New York Knicks Center filed a lawsuit against Nerlens Noel against Paul and Klutch, claims he lost $ 58 million in profit after joining the agency in 2017. After failing to land a lucrative NBA contract, Noel left Klutch last year.

The agency is also in the headlines as it represents Philadelphia 76ers star Ben Simmons, the subject of trade rumors after falling out of favor with the franchise. CNBC reached out to Paul on Friday for comment, but he didn’t respond until this article was published.

Kamara stormed for 3,340 yards and 43 touchdowns in 60 career games with the Saints. In its fifth season, Kamara is the biggest star in the franchise after Drew Brees’ retirement. The Saints start their 2021 season against the Green Bay Packers on Sunday.

The article has been updated to reflect Kamara’s previous relationship with quality control and to list his direct representative during his time at Klutch.

Alvin Kamara says he hasn’t spent any of his soccer cash

Getty Images

Like long-time NFL tight end Rob Gronkowski, four year veteran runs back Alvin Kamara found a way to pay his bills without touching his football money.

Kamara appeared on Uninterrupted’s Kneading Dough series and said he did none of the money spent yet He deserves to play professional football.

“I got my signing bonus and I went and got some wings and thought, ‘Man, I’m not spending any of this money. ‘. . . I still haven’t spent $ 1 of my football money – new money or rookie contract money, ”Kamara said of Bleacher Report.

A player like Kamara who makes money on advertising contracts can live on that revenue while transferring the football money. The challenge then is to get the football money to a place where it can earn good interest but the client remains safe.

It’s a good lesson for anyone who suddenly has a lot of money. It is very tempting to have a number of large expenditures. It is wise to save as much of it as possible, protect it, and invest it wisely and prudently.