Fire the agent! Morant terminated the contract again! Losing 50 million after two bans
On June 13, according to Grizzly reporter Damichael Cole, Morant and the agency Lift Sports Management officially terminated the contract. This is the second time Morant terminated a contract with an agency in the past year. Lift Sports Management was founded by Mike Miller, the company that Chinese player Lin Wei currently belongs to. Since Morant entered the league in 2019, his agent has been Jim Tanner, and the two have worked together for five years. In April 2024, Morant and Jim Tanner terminated their contract, and the two sides parted ways, and Morant immediately joined Lift Sports Management. Unexpectedly, after working with Mike Miller for a year, the two broke up. Morant's current contract is US$197 million for five years, expires in the summer of 2028, with US$124 million for three years. This summer, Morant can sign a two-year, $128.4 million early contract renewal with the Grizzlies. Let me talk about another number: NBA agents can get a maximum commission of 4%, and commercial endorsements can get a maximum commission of 20%. If Morant reaches a contract renewal with the Grizzlies this summer, he can save more than $5.1 million in the broker's commission. Morant is not the first player to do so, and in February this year, Alexander parted ways with his agent. This summer, Alexander is eligible to sign a super maximum salary of $294 million with the Thunder for four years! Alexander will not hire a broker in the short term. He saved more than $10 million in broker commissions. Wouldn't it be nice to buy a luxury house? Speaking of Morant, his breakup with his first agent is actually related to his own off-court trouble. Morant was suspended twice and missed the best team, losing nearly $50 million in total. At that time, the agent was helping Morant's public relations and worked as everything the agent could do. Morant may not have realized his problem yet. He is only one year younger than the SGA and one year later. But SGA has now won the regular season MVP and led the team to the finals, while Morant is still struggling to get off-court trouble. Do you think the Grizzlies will renew Morant's contract in advance? Will the Grizzlies still build a team around him?
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