Rich Paul : Family, Net Worth, Parents, Wife, Children, Education and Salary

Rich Paul is an American sports agent based in Cleveland know all about him in this article as like his Family, Net Worth, Parents, Wife, Children, Education and Salary

Rich Paul : Family, Net Worth, Parents, Wife, Children, Education and Salary
Rich Paul
  Bio
Name Rich Paul
Birthdate ( Age) 16 December 1981
Place of Birth Cleveland, Ohio, United States
Nationality American
Marital Status  In Relation
Spouse/Partner Adele
Children Not Yet
Parents Rich Paul Sr.
Education Benedictine High School
Profession American sports agent
Net Worth $100 Million 
Last Update September 2021

Rich Paul is an American sports agent based in Cleveland, Ohio. He founded Klutch Sports Group who represents a number of prominent NBA players, such as LeBron James, as well as NFL players in more recent years.

After NBA Draft 2003, Rich got more familiar with LeBron James as he was included in the circle of his buddies that includes LeBron’s childhood friends Maverick Carter and Randy Mims.

Early Life and Family

Rich Paul was born on 16 December 1981 in Cleveland, Ohio in the USA.Paul grew up in a one-bedroom apartment above his father's store, R & J Confectionery, on East 125th and Arlington in Glenville, a neighborhood on the east side of Cleveland.His father felt he needed more structure than public school could provide and enrolled him in Benedictine, a Roman Catholic high school across the town.His father died of cancer in 1999.

After graduating from high school, Paul was mentored by Distant Replays owner Andy Hyman on selling vintage jerseys.He would buy throwback jerseys from Atlanta and sell them out of his trunk in Cleveland.In 2002, he met LeBron James at the Akron–Canton Airport, where James was impressed by Paul's authentic Warren Moon throwback jersey.The two exchanged contact information, and soon Paul had sold James a Magic Johnson Lakers jersey and a Joe Namath Rams jersey.

Rich Paul Wife, Is Rich Paul Married

Rich Paul is not Married yet but Most recently as the rumor spread over that Rich Paul is dating Adele. This rumor gets started after they were seen together at the NBA finals. However, both of them haven’t communicated anything about this. Rich likes to keep his personal life secret.

Rich Paul Net Worth

Rich Paul is an American sports agent based in Cleveland has an estimated Net Worth arround $100 Million in 2021.In 2019, it was reported that in addition to his "all-star" NBA players, Rich Paul earned approximately $70 million in one year from relatively obscure players (at the time) such as Eric Bledsoe, Tristan Thompson, and Jordan Clarkson.

Professional Career

In 2003, after the NBA draft, Paul joined LeBron James as a part of his small inner circle, along with James' childhood friends Maverick Carter and Randy Mims.He would later start working under Leon Rose, who had negotiated James' extension with the Cavaliers in 2006, at Creative Artists Agency. In 2012, Paul, along with James, left Rose and CAA to start his own agency, Klutch Sports Group.

In 2013, Paul enlisted noted long-time agent and attorney Mark Termini to run the NBA contract negotiations for Klutch.By the conclusion of their agreement in 2020, Termini negotiated $1.4 billion in NBA contracts for Klutch Sports clients from 2014 through 2019.By 2019, Klutch had a roster of 25 clients and brokered over $1 billion in contracts.Later that year, United Talent Agency (UTA) asked Paul to run its sports division through a partnership with Klutch where he expanded the division’s clients from 4 to 23.In 2020, he accepted a position on UTA's board of directors.

In August 2019, the National Collegiate Athletic Association (NCAA) changed its regulations for agents, requiring them to hold a bachelors degree. Called the "Rich Paul Rule" by the media, it was widely seen as a swipe at Paul for having not graduated from college and for working with a high school prospect Darius Bazley who decided to work as an intern for New Balance rather than attend Syracuse.

Paul argued in an op-ed in The Athletic that the rule would prevent people from less prestigious backgrounds, people of color, and those without the funds to attend college from working as agents in the future so NCAA executives could have more control.The NCAA later backed down from the regulation change.In 2020, Paul launched "Klutch Conversations" during the NBA All-Star Weekend with SocialWorks and General Mills to encourage financial literacy with youth.Paul was included in the 2020 "Ebony Power 100 List".