Mark Termini has settled his lawsuit against Rich Paul, according to a Monday filing in federal court in Cleveland. Termini sued Paul in 2024 over accusations that he was owed $4.9 million worth of fees.
Paul hired Termini in 2012 when he launched Klutch Sports and “very significantly” relied on Termini’s experience to grow the agency, according to the lawsuit. Termini’s contract called for him to get 25 percent of the agent fees for any contract he helped negotiate.
The lawsuit accused Paul of breach of contract by failing to pay Termini the full amount of fees he was owed and intentionally waiting to ink deals for two unidentified players in December 2020. While the lawsuit doesn't name the two players, Anthony Davis signed a five-year, $190 million contract that day with the Los Angeles Lakers.