10:40am: The Heat deny making a three-year, $15MM offer to Reed, tweets Ira Winderman of The Sun-Sentinel.
8:46am: Multiple players are parting ways with agency ASM and agent Andy Miller, and Willie Reed has filed an arbitration claim seeking $13.5MM, league sources Jeff Goodman and Chris Haynes of ESPN.com. Reed alleges he was defrauded by the agency.
The agency’s troubles are related to former agent Christian Dawkins, who was one of 10 people arrested this week in the FBI’s probe into fraud and corruption in NCAA recruiting. Dawkins was reportedly let go by ASM back in May after racking up more than $40K in charges on a player’s Uber account. An investigation by the National Basketball Players Association determined that worked out to 1,865 Uber rides, and “all but a small number” of those charges were made without the player’s permission.
However, despite no longer being certified, Dawkins remained the primary ASM representative for multiple players, including Reed, Edmond Sumner, and Justin Patton. All three of those players have now severed ties with Dawkins, Miller, and ASM, according to Goodman and Haynes, who note that Reed left the agency in July, while Sumner and Patton have done so this week.
Sources tell ESPN that Dawkins advised Reed to turn down a three-year, $15MM offer from the Heat this summer, suggesting he’d receive more lucrative offers. The big man ultimately signed a one-year, minimum salary deal with the Clippers that will pay him about $1.5MM, which explains why his arbitration claim is worth $13.5MM.
While Miller has until October to respond to Reed’s claim, it remains to be seen whether the agency will retain all of its higher-profile clients in the wake of a federal raid on ASM’s offices. Miller and ASM represent dozens of NBA players, including big names like Kyle Lowry, Serge Ibaka, Myles Turner, and Kristaps Porzingis.