Nerlens Noel, Rich Paul settle legal case

Nerlens Noel, Rich Paul and Klutch Sports Group have settledNoel’s legal case – with Noel paying full commissions owed toKlutch Sports on the $5 million Knicks deal in 2020, and Noelwithdrawing all legal proceedings.

Nerlens Noel, Rich Paul and Klutch SportsGroup settle Noel’s legal case – with Noel paying full commissionsowed to Klutch Sports on the $5 million Knicks deal in 2020, andNoel withdrawing all legal proceedings. Statement: pic.twitter.com/isMq0L3rTU

The case stems from 2021 when Noel filed a $58 million lawsuitagainst Paul and Klutch, accusing them of doing "little to no work"in securing a market-value deal contract or any endorsementdeals.

Noel claimed that he turned down a four-year, $70million contract extension from the Dallas Mavericks in 2017 at thedirection of Paul, who was recruiting him to be represented byKlutch Sports.

"Paul told Noel that if he terminated his relationshipwith Mr. [Happy] Walters and signed with him instead, Paul wouldget him that 'max deal.' As part of this, Paul advised Noel that heshould cease negotiations with Dallas, accept the single yearqualifying offer, and seek a max deal on the free agent market thefollowing season," the lawsuit stated.

But no max deal came, and Noel instead signed aone-year, $4.1 million qualifying offer with the Mavericks in Aug.2017.

Noel only made $12.7 million in the four seasons afterhe turned sown the Mavericks' $70-million extension offer. Thedifference – $57.3 million – is how he and his lawyers came up withthe amount for damages they were seeking.

While the lawsuit was thrown out last September, JudgeJane J.Boyle recommend the situation be addressed within theNBPA's arbitration system.