King James is under investigation by the NBA for his involvement in sports agency
The NBA investigated whether Lebron James had any ownership stake in the sports Agency Klutch Sports Group run by longtime friend Rich Paul. The investigation determined that Lebron is not involved in the business as reported by ESPN’s Brian Windhorst. Klutch Sports Group manages Lebron James, and Cavs teammates J.R. Smith and Tristan Thompson among others.
Rich Paul met Lebron James years ago when his job was selling sports throwback jerseys out of his car trunk in Cleveland. Later after Lebron was drafted in 2003, he hired Paul to be his personal assistant. After working for another agency that managed Lebron, he started Klutch Sports in 2012. The rest is history.