Mark Termini

Mark Termini is a Cleveland, Ohio-based sports attorney and agent.[1] His agency Mark Termini Associates Inc represents professional basketball players,[2] and he leads contract negotiations for agent Rich Paul and Klutch Sports Group.[3]

Background and education

Termini graduated from Holy Name High School and Case Western Reserve University (1978). Both schools are located in Cleveland, Ohio. He then earned a law degree Cum Laude from Cleveland State University's Marshall College of Law in 1984.[4]

Sports business career

Termini founded the sports agency Mark Termini Associates Inc in 1986.[4] After the Dallas Mavericks selected his client Jim Jackson with the fourth choice of the 1992 NBA Draft, Jackson held out for the first 54 games of the 1992-93 season. Termini then negotiated his six-year, $20 million contract, including a full salary for the 1992-93 season even though Jackson played only 28 games.[5] At the time it marked the most lucrative contract ever for a rookie guard.[6]

Under Termini's guidance, Kevin Edwards signed a five-year, $9.6 million free agent contract with the New Jersey Nets following the 1992-93 season.[7] Termini’s client Ron Harper, then with the Los Angeles Clippers, tied Michael Jordan for the fourth-highest NBA salary at $4 million in the 1993-94 season.[8]

In August 1993, The Dallas Morning News included Termini in a group of the five most influential and high-profile NBA agents.[9]

Termini represented Pau Gasol, a four-time NBA All-Star and current member of the Chicago Bulls, when he played for the Memphis Grizzlies.[10] Former clients include Gary Trent, Calvin Booth, and Earl Boykins.[11]

In 2006, Termini helped his client Damon Jones become the first NBA player to sign an endorsement contract with Chinese shoe manufacturer Li Ning.[12]

Termini has negotiated over $400 million in professional sports contracts, and has represented 15 first round selections in the NBA Draft.[13] Termini represents Kosta Koufos of the Memphis Grizzlies,[2] and his agency also represents players in foreign professional leagues.[4]

In January 2013, Termini began working with agent Rich Paul of Klutch Sports Group. Paul’s agency represents NBA star LeBron James, as well as talented young players Eric Bledsoe and Tristan Thompson. As part of their working relationship, Termini runs the contract negotiations for Klutch Sports Group and all of its NBA clients.[2]

Termini and Paul developed a contract negotiation strategy for James prior to the 2014 NBA free agency signing period. This led to James signing a two-year contract with the Cleveland Cavaliers that gives him more contract flexibility and the potential for greater earnings.[14] Robert Lanza, former NBA Players Association General Counsel, called Termini "one of the finest contract attorneys in the country" following the contract.[15]

Termini is often quoted in the media on issues related to sports economics and sports law.[4] He has written on these topics as well.[16]

Athletic career

A former basketball standout in high school and college, Termini set records for career free throw percentage (85.4) and most assists in one season (106) when he played for Case Western Reserve University from 1974 through 1978. He scored 1,161 career points and averaged 21.7 points per game his senior season.[17] Termini is a member of the Hall of Fame as a player at both Case Western Reserve University and Holy Name High School.[4]

Personal

A lifelong Clevelander, Termini and his wife Wendy currently reside in the Greater Cleveland area.[18]

References

  1. ↑ Schmitt Boyer, Mary. "Some agents believe recent NBA deals are diminishing their power". Cleveland.com.
  2. 1 2 3 Zillgitt, Jeff. "LeBron James rep Klutch Sports adds top agent Termini". USA TODAY.
  3. ↑ Zillgitt, Jeff. "LeBron James only takes 2-year contract with Cavaliers". USA TODAY.
  4. 1 2 3 4 5 "Entertainment and Sports Law Association Symposium". Cleveland State University Cleveland-Marshall College of Law Website.
  5. ↑ Caldwell, Dave. "Mavericks Hit A Daily Double First, They Signed Quinn Buckner As Coach For Next Season. Then, Holdout Jim Jackson Entered The Fold.". Philly.com.
  6. ↑ Sullivan, Mike (March 5, 1993). "Jackson signs $20 million deal with Mavericks, plays tonight". The Columbus Dispatch.
  7. ↑ Patton, Robes. "`Un` For Edwards Made Him Rich Man". SunSentinel. Retrieved 2 August 2014.
  8. ↑ Howard-Cooper, Scott. "Harper's Salary to Be Like Mike for Next Season : Clippers: He will be paid $4 million, the same as Jordan, after team picks up option". Los Angeles Times. Retrieved 2 August 2014.
  9. ↑ "Powerful Sports Agents". The Dallas Morning News. August 7, 1993.
  10. ↑ Tillery, Ronald. "Grizzlies grab a long, tall Pole in Trybanski". ESPN. Retrieved 2 August 2014.
  11. ↑ Rios, Anthony. "Local star preps for life after basketball". The Morning Journal. Retrieved 2 August 2014.
  12. ↑ Wertheim, Jon L. "Keeping Up With the Yaos". SI.com.
  13. ↑ Valade, Jodie. "Rich Paul seeing his agent business take off, but his feet are firmly on the ground in Cleveland: NBA Insider". Cleveland.com. Retrieved 2 August 2014.
  14. ↑ Windhorst, Brian. "LeBron's money move". ESPN.com. Retrieved 2 August 2014.
  15. ↑ "LeBron's Big Decision". Bloomberg. Retrieved 28 June 2016.
  16. ↑ Termini, Mark (12/1/97). "Fan demand--not salaries--fuels sports ticket price hikes" (Volume 18 Issue 48). Crain's Cleveland Business. p. 11. Check date values in: |date= (help)
  17. ↑ "Bio". Case Western Reserve University Spartans Website. Retrieved 2 August 2014.
  18. ↑ Finnan, Bob (2006-10-15). "NBA agent Termini believes loyalty and a hands-on approach are key in business". The News Herald.
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