• Loading stock data...
Thursday, October 17, 2024
The 2024 Best College Athletic Departments Are Here See the winning departments

Rick Carlisle Settles With Agent Who Says He Was Stiffed on Commission

  • The Pacers coach settled a lawsuit with his former agent who negotiated his 2018 deal with the Mavericks.
  • The agent said Carlisle skipped out on annual commission payments.
Pacers coach Rick Carlisle
Brad Penner-USA TODAY Sports

Pacers coach Rick Carlisle reached a settlement Wednesday with his former agent who was suing him over missed commission payments.

An attorney involved in the suit confirmed to Front Office Sports that the case has been “resolved to the satisfaction of both parties” and will be dismissed from court in the coming days.

Jarinn Akana filed a lawsuit in December that said Carlisle hadn’t fulfilled the agent’s commission for negotiating his contract extension with the Mavericks in 2018. The two sides didn’t reach a settlement during mediation this summer, which led to a trial date set for April 28, 2025—the same time as the first round of the NBA playoffs.

The suit says Carlisle had Akana’s colleague, Dan Fegan, set to renegotiate his contract with Dallas before Fegan was killed in a car crash. Carlisle originally agreed he would pay Akana the same 3% commission that he would’ve given to Fegan, the suit says, but eventually offered a lower percentage, which Akana accepted. But, after cutting one $200,000 check, Carlisle refused to continue the annual payments owed to Akana, the suit says, while also threatening to report Akana for violating players association rules about representing both players and coaches, “despite being complicit with Akana taking such action on his behalf.” Carlisle had said the claims in the case were “not true in whole or in part.”

Carlisle left the Mavericks in 2021 in the middle of his five-year deal and took over the Pacers a week later.

The team reached the Eastern Conference finals last year for the first time in a decade and will begin the regular season next Wednesday.

Akana’s most prominent client was DeMarcus Cousins, who left for Excel Sports Management in 2019. He now represents a small number of international and G League players.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

ESPN microphones

FCC Proposes $146K ESPN Fine for Using Emergency Tones in NBA Promo

The network has paid $300,000 before for the same reason.

Why WNBA’s Next CBA Negotiations Have Huge Ramifications

The WNBA will roughly triple its media-rights revenue by 2026.

Packers Prove You Don’t Need an Owner to Feud With City

The Packers are feuding with Green Bay’s mayor over Lambeau Stadium upgrades.
podcast thumbnail mobile
Front Office Sports Today

Rays’ Stadium Won’t Be Ready by Opening Day. What Now?

0:00

Featured Today

Sep 15, 2024; Kansas City, Missouri, USA; Kansas City Chiefs fans celebrate after a touchdown by Kansas City Chiefs wide receiver Rashee Rice (4) during the first half against the Cincinnati Bengals at GEHA Field at Arrowhead Stadium.

‘This Is My Whole Life’: How Swifties Became NFL Superfans

The “Chiefties” have arrived. And they are “fully committed” to football.
Sep 21, 2024; Boulder, Colorado, USA; Colorado Buffaloes quarterback Shedeur Sanders (2) walks through Buff Walk before the game against the Baylor Bears at Folsom Field.
opinion
October 11, 2024

The NIL Era Is a Wild West. Is Anyone Surprised?

Amateurism is dead and college athletes are professionals. How’s that working out?
October 11, 2024

‘We’re Ready for FBS’: Sacramento State Is Serious About the Jump

How the Hornets got themselves on the short list of potential call-ups.
Duante' Abercrombie News Ch.4 interview
October 9, 2024

Tennessee State’s Ambitious Plan to Launch an HBCU Hockey Program

TSU has big plans, but the university is facing an existential dilemma.
Natalie Nakase

Valkyries Coach Natalie Nakase: Joe Lacob Wants a Title Within Five Years

Nakase was hired Thursday as the Valkyries’ first coach.
Gainesville, Florida, USA; Florida Gators athletic director Scott Stricklin (left) and head coach Billy Napier talk before a game against the Texas A&M Aggies at Ben Hill Griffin Stadium.
September 16, 2024

What Are Coaches Billy Napier’s and Mike Norvell’s Respective Buyouts?

Florida and Florida State have struggled mightily to begin this season.
September 16, 2024

Coaching Hot Seats Heat Up Despite Expanded Playoffs, Massive Buyouts

Despite college and pro football season having just started, several coaches are already facing public pressure.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
September 13, 2024

Pochettino, U.S. Soccer Thinking Big

U.S. Soccer formally introduced men’s coach Mauricio Pochettino on Friday.
Ken Griffin
September 11, 2024

Hedge Fund Billionaire Ken Griffin Gets USMNT Pochettino Hire Across the Line

The federation said Griffin funded a “significant part” of the deal.
September 6, 2024

Federal Appeals Court Sides With Lane Kiffin, Ole Miss in Discrimination Suit

A three-judge panel upheld a February decision to dismiss a player’s lawsuit.
September 5, 2024

How the Chiefs Are Prepping for Year 2 of Taylor Swift Mania

The pop star is expected to attend more games this season.