Report: Rich Paul, Klutch Sports to Create NFL Division Led by Damarius Bilbo

Arguably the most powerful agent in the NBA is moving into NFL representation. 

Rich Paul's Klutch Sports Group reportedly is working on a deal to hire agent Damarius Bilbo to run a new football division, per ESPN's Adam Schefter.

Bilbo, 36, currently lists 16 NFL players as clients, including holdout running back Melvin Gordon. He was suspended for three months and fined earlier this year for violating regulations when an $18,000 marketing contract for Jarvis Landry was deposited in his account.

An investigation found that the funds, which Bilbo later transferred to Landry, were deposited in his account by mistake.

Klutch has rapidly grown into one of the most powerful sports agencies in America, with Paul building up a strong client list spearheaded by friend LeBron James. The agency currently represents James, Ben Simmons, John Wall, Draymond Green and Anthony Davis, among others.

Bilbo would bring a client list that includes Gordon, Landry and Alvin Kamara to start the brand's football wing. It's unclear what level of involvement Paul would have in the football side of things, if any, but the Klutch name may send a shiver down the spine of NFL general managers.

Klutch has been at the forefront of the player empowerment movement that's overtaken the discourse in the NBA in recent years. Paul negotiated the 1+1 contracts for James that changed the landscape of how players negotiate their deals, and he got out in front of Davis' trade request from the New Orleans Pelicans.

Football is a far different animal from a representation standpoint, and Klutch will have to deal with power brokers like Drew Rosenhaus who have decades of experience. That said, don't be surprised if Paul and Bilbo try to shift the paradigm in the NFL.