UTA announced a significant investment in the powerhouse sports agency Klutch Sports Group, led by its founder and CEO Rich Paul. Marking a transformative new partnership, Klutch will continue to o…
UTA announced a significant investment in the powerhouse sports agency Klutch Sports Group, led by its founder and CEO. Marking a transformative new partnership, Klutch will continue to operate under its own brand and Paul will also become Head of UTA Sports, focusing on building UTA’s sports business for athletes in all their professional endeavors, on and off the field.
This comes after the agency had a courtship to acquire Paradigm, which ended when Paradigm chief Sam Gores decided to stay independent. “Rich has built Klutch with the vision, values and entrepreneurial spirit that UTA cherishes,” said UTA CEO. “By focusing on growing clients’ businesses and putting their interests first, Klutch is built for the modern athlete who wants to thrive at the intersection of sports, media, music, art and culture.
the most important agencies in all of sports. Its clients include some of the most dynamic basketballSimmons and John Wall. In the last two years, Klutch has negotiated almost $1 billion in contracts, while expanding to offices in Cleveland and Los Angeles, added two All-NBA clients and three firstroundby continuing to find new and innovative ways to better serve the players they represent. Main Streetcollaboration with UTA.Paul. We understood the world was changing and how athletes required an entirely new perspectiveperfect partner for Klutch’s next phase of growth.
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