Tag: Dan Fegan

Rick Adelman

Adelman would like to see Kevin Love’s contract get done


Agent Dan Fegan — who represents Kevin Love — was courtside at Staples Center Friday night to watch his star power forward. Timberwolves GM David Kahn also was seen walking around the building.

Rick Adelman would like the two to get together and talk.

They have until next Wednesday to reach a deal for an extension to Love’s rookie contract, but the sides reportedly are $20 million apart. Adelman is too savvy to step in the trap of what is a far deal, but he was happy to talk about how he wants to see it get done.

“I think from a coaching standpoint he’s really important — he’s crucial to us,” Adelman said before his team took on the Clippers. “I’m hoping that is going to happen for his sake. He came out with a great start and hopefully they are going to come to some resolution.

I don’t know what would happen if it didn’t… It certainly would help him and that would help us. Not to have it hanging over there.

The Wolves reportedly are set to offer him four years, $60 million — which matches what other teams could offer but is short of the max deal of five years, $80 million that could be offered. What Love’s teammate at UCLA Russell Westbrook just got from the Thunder.

If no deal is reached by next Wednesday, the Wolves would extend a qualifying offer to Love ($6.1 million next season) and he would be a restricted free agent. Meaning he could go seek out other offers from other teams, but the Wolves could match it. And they would — no offer would be higher than what the Wolves have already put on the table.

The concern for Minny — Love signs the qualifying offer, plays for one year then becomes an unrestricted free agent.

It is likely the Wolves are trying to get Love to take less than the max, but there are questions about if he would. Or should. He is already one of the best power forwards in the game and the guy that is the face of the Wolves marketing. He puts butts in seats.

Adelman just likes what he sees on the court — and wants to keep that.

“He really came in (to camp) in terrific shape,” Adelman said. “I’ve known him a lot of years and he is so much more active right now. He’s moving better, he’s running better, just everything about him is much quicker. But he’s been consistent in his rebounding, he’s relentless at both ends of the court, he’s shot the ball really well. With the point guards we have it’s really good for him, it can open up a lot of things for him on the pick and rolls and he gets a lot of shots that way.

“He’s just a guy you center (your franchise) around.”

Sounds like a max guy to us.

Coby Karl may not be done in Denver after all

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Thumbnail image for nuggets-logo1.jpgCoby Karl has NBA talent, but he probably hasn’t played enough games in the big leagues to be considered an NBA player. That title is reserved for those who have had more than a weekend retreat on an NBA roster, and though Karl has technically been a part of 24 NBA contests, he’s never really had a team to call home. Each of his stints in the NBA have brought Karl instruction and experience, but they also seem to come with the understanding that he’s considered a stopgap player rather than a valued addition.

He’s there in case of injury, to serve as a practice body, and to help all of his teammates without a thought as to where his own career will take him. The roles Karl has been asked to fill are needed, but his various teams’ unwillingness to let him showcase his own skills are very much tied to his current status as an uncommitted, recently-waived free agent.

Karl was cut loose last week by the Denver Nuggets, who had signed him for last season’s coda. However, according to Karl’s agent, Dan Fegan, who spoke with FanHouse, Coby could potentially be back with Denver next season:

Dan Fegan, the agent for the son of Nuggets coach George Karl, said in
an interview with FanHouse on Sunday that Coby Karl will clear waivers
on Tuesday. His options then will be further assessed. “Coby has proven that he can contribute at the NBA level,” Fegan said
of the two-year NBA veteran. “He’s gotten better every year. And we’re
still in discussions with Denver regarding his situation. Just because
he’s gotten waived doesn’t mean that he won’t be part of the Nuggets.”

…Indications are that one option could be for Coby Karl, who had been in
line to have his $854,389 salary fully guaranteed for next season, to
re-sign with Denver on a contract that is partially guaranteed for next
season. He also could draw interest from another NBA team and playing
in Europe next season is another option.

I wouldn’t set any of this in stone based on a quote from Karl’s agent (who, like it or not, has every reason to pump up the rumored interest in his client), but the report does at least give some indication that the Nuggets could be interested in bringing Coby back on an unguaranteed deal. If nothing else, it’s worth a note as Karl continues to explore his options for next season.

Dwight Howard jumps to Dan Fegan as agent

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Thumbnail image for Howard_game.jpgTwo months back, Dwight Howard left Aaron Goodwin as his agent, with rumors swirling a family member would take over, but now he has landed with Dan Fegan.

Which makes it a pretty good summer for Fegan, who also has John Wall on his client list.

Ken Berger of CBSSports had the story first, and the lines of reasoning from Howard’s camp.

Fegan also is a well-versed participant in the ongoing CBA negotiations that could dramatically affect Howard’s on-court earning potential. Unlike this summer’s crop of free agents, who can land one more massive payday under the current CBA, Howard and other young stars face uncertainty as owners aim to take a substantial bite out of the salaries paid to the highest-earning players.

“Dwight wanted to be represented in the CBA talks,” a person close to the Magic center said.

But what Howard was really looking for was an out-of-the-box, full-service and long-term approach to on- and off-court marketing, according to a one of Howard’s close advisors. Fegan also is now backed by the international clout and deep pockets of the French media giant Lagardere, which recently bought Fegan’s powerful BEST agency and renamed it Lagardere Unlimited.

There is something else going on here, as neither of these ring all that true from where we are sitting.

Fegan did play a role in previous CBA talks, when he was the most powerful agent going, but he is not going to have that kind of pull this time around. His current client lineup is nice, but not THAT nice.

The marketing angle makes less sense. Goodwin’s people got Howard a ton of endorsement, including McDonald’s and those ubiquitous T-Mobile ads. They worked to help him create a real social media platform to broaden his marketability. Bottom line, Goodwin did a very good job.

Fegan may as well, he’s another powerhouse lined up with a powerhouse international firm. But it still feels like a piece of the puzzle is missing from this story.

John Wall picks Fegan, BEST as agent

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The epic battle amongst agents to sign biggest prize in this year’s NBA draft — point guard John Wall — is over.

It was won by the guy and company about to become the newest big player on the NBA scene.

Wall has signed with Dan Fegan of Blue Entertainment Sports Television (BEST), according to DraftExpress.com. In addition, BEST is working on a deal to handle at least a part of the lucrative marketing arm of Wall as well, which may include a sneaker deal.

Fegan, a Yale Law School graduate and one of the most powerful agents in the NBA, made a big splash for Jonathan Blue’s agency, which acquired his practice in 2008, with this signing.

It has been heavily rumored in recent weeks that BEST will be acquired by French sporting and publishing giant Lagardere S.A., as reported by Sports Business Journal. The sale has not yet been finalized according to sources, but is surely in the works at this point.

BEST — with its new owner on the way — is looking to come in and challenge CAA and the Wasserman Media Group as the top dogs in the NBA agent game.

On the court, Wall expected to step right in and be competing with Derrick Rose and Russell Westbrook for the “best young point guard in the Association” label. Working out Wall’s rookie deal is not going to tax Fegan — it’s all very formulaic for the first round picks. But if he lives up to his potential, his second deal will have Fegan throwing around the word “max” a lot.