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On To The Next One: Jason Richardson

Philadelphia 76ers guard Jason Richardson (23) poses for a photo during media day. Credit: Howard Smith-US PRESSWIRE

Jason “J-Rich” Richardson is on to the next one.  He has terminated his relationship with basketball agent Dan Fegan, but has not yet chosen a replacement.  In 2011, Richardson signed a 4-year, $25 million contract with the Orlando Magic, and was traded to the Philadelphia 76ers in August 2012.  He has an option in 2014 and will be an unrestricted free agent in 2015.

The past month has not been kind to Fegan.  In addition to the departure of Richardson, Fegan lost Brooklyn Nets power forward Kris Humphries.  Humphries’ business manager said that Humphries wanted a company that could not only effectively negotiate his professional contracts, but also an agency with deep connections for marketing opportunities.

Fegan recently left Lagardère Unlimited and is rumored to be joining basketball agent Happy Walters at Relativity Sports, although that move has not yet been confirmed.  Josh Robbins of the Orlando Sentinel heard Richardson say the following about Fegan after making his decision to go in a different direction:

“I think a lot of guys feel like there were just left in the dark with a lot of things: him changing agencies, or whatever he did with the change.  Just kind of neglect.”

While Humphries and Richardson have cut ties with Fegan, the basketball agent still has a client list full of very successful NBA players, including Dwight Howard, John Wall, Ricky Rubio, Stephen Jackson, Shawn Marion, Nene, and Kevin Martin.  However, Fegan needs to make sure that the aforementioned players do not feel as though they are left in the dark and neglected.

By Darren Heitner

Darren Heitner created Sports Agent Blog as a New Year's Resolution on December 31, 2005. Originally titled, "I Want To Be A Sports Agent," the website was founded with the intention of causing Heitner to learn more about the profession that he wanted to join, meet reputable individuals in the space and force himself to stay on top of the latest news and trends.

Heitner now runs Heitner Legal, P.L.L.C., which is a law firm with many practice areas, including sports law and contract law. Heitner has represented numerous athletes and sports agents as legal counsel. He has also served as an Adjunct Professor at Indiana University Bloomington from 2011-2014, where he created and taught a course titled, Sport Agency Management, which included subjects ranging from NCAA regulations to athlete agent certification and the rules governing the profession. Heitner serves as an Adjunct Professor at the University of Florida Levin College of Law, where he teaches a Sports Law class that includes case law surrounding athlete agents and the NCAA rules.