It’s been a rough few months for agent Dan Fegan and his business partners at Relativity Sports, and the news keeps getting worse: John Wall broke ties with the man who has represented him since he entered the NBA.
Sources: John Wall has fired agent Dan Fegan
— Darren Heitner (@DarrenHeitner) January 12, 2016
Big losses for Relativity Basketball: Ed Davis, Austin Rivers, DeAndre Jordan, John Wall
— Darren Heitner (@DarrenHeitner) January 12, 2016
Sources indicate John Wall leaning toward signing w/LeBron's agent Rich Paul
— Darren Heitner (@DarrenHeitner) January 12, 2016
Wall, 25, also recently walked away from his relationship with adidas, and is in the market for a new sneaker deal.
The All-Star point guard says he has yet to sign with new representation.
Just heard briefly from John Wall re: firing Dan Fegan. “Long story,” said Wall, who added he hasn’t signed with anyone else yet.
— David Aldridge (@daldridgetnt) January 12, 2016
Per the WaPo and Nice Kicks:
Fegan had represented Wall since he left Kentucky after one season and became the No. 1 overall pick in the 2010 draft. The decision to dismiss Fegan comes after negotiations for a new sneaker contract with Adidas fell through and Wall’s deal with the company expired at the end of September, a couple months after Adidas signed Houston Rockets guard James Harden to a 13-year, $200 million contract to make him their marketing focus in basketball.
All summer and into the start of the season, adidas, the Washington Wizards’ All-Star point guard and his representatives at Relativity Sports had been hammering through details – an agreed-upon base number, mostly – and progressing towards a new shoe deal extension that would link John Wall and his emerging signature adidas footwear business deep into his career, for many years to come. […] After very nearly agreeing to the framework of a new deal in early July, just as John was unveiling his second JWall signature model and knocking out a cover shoot for SLAM’s KICKS Magazine, the negotiations soon came to a standoff.
By mid-September, the deal was “falling apart,” according to an industry source.
