The suit, which was filed in Dallas, Texas, claims that in a birthday party for the Klutch-represented Ben Simmons in 2017, Paul convinced Noel that he was a “$100MM man,” and that if Noel fired then-agent Happy Walters and signed with him, Paul would get him a max contract. Noel subsequently left Walters and signed with Paul.
As part of the same pitch, Paul allegedly told Noel to cut off negotiations with the Mavericks, who had offered Noel a four-year, $70MM extension, and instead sign his one-year, $4.1MM qualifying offer. After a season plagued by injury, however, his free agency proved unsuccessful, as he claims that no one from Klutch presented any ideas for how to pursue long-term contracts, and none were forthcoming on the market, leading him to sign a two-year, $3.75MM contract with the Thunder, which Noel claims was largely orchestrated by Thunder stars Russell Westbrook and Paul George, rather than by Rich Paul.
Finally, the lawsuit states that Noel learned that multiple teams, including the Sixers, Clippers, and Rockets informed him that they attempted to get in touch with Paul about offering Noel a contract, but were unable to make contact.
Noel left Klutch Sports in December of 2020, and is suing Paul and the agency for the loss of approximately $58MM stemming from the initial declined extension with Dallas.