Paul is expected to take several other CAA athletes with him to his new agency which is a standard practice within the industry. Upcoming 2013 free-agent Chris Paul is also represented by the CAA and is known to have close ties with the budding agent. The two are not related.
This is not the first time James has decided to shift his business matters around. Shortly after joining the Miami Heat in 2011, he switched his marketing management to Fenway Sports Group and in return gained a piece of ownership in Liverpool FC. James also partnered with Paul when he started his own marketing company, LMMR when he dropped Goodwin as an agent.