Because he didn’t give his client notice in time, NBA player Anthony Carter lost a million dollar salary. Agent Bill Duffy admitted his mistake and paid the money back.
Agent Bill Duffy informed his client, NBA player Anthony Carter, too late.
So this lost $ 4.1 million salary.
Duffy admitted his mistake and promised to pay Carter the money back.
Seventeen years later, he did it.
Because a mistake cost his client $ 3 million in salaries, an NBA player’s agent paid back the sum over seventeen years and settled the damage as promised. The former basketball professional Anthony Carter confirmed the “New York Times” according to a report published on Monday. According to this, consultant Bill Duffy missed a deadline after the 2002/2003 season by the end of which he should have informed the Miami Heat on behalf of Carter about the whereabouts of the professional. Carter, who was 27 at the time, would have been sure of a $ 4.1 million salary.
Because he had to leave Miami after a weak season and expiry of the deadline and then only played for the then applicable minimum salary of about $ 750,000 for the San Antonio Spurs, Carter suffered great financial damage. Duffy did not hide from responsibility and worked out a plan with his client on how he would pay him the lost salary out of his own pocket over the years – and now, seventeen years later, he has paid the final installment.
He was big enough to admit his mistake
Carter, who played for the Miami Heat, San Antonio Spurs, Minnesota Timberwolves, Denver Nuggets, New York Knicks and Toronto Raptors in his fourteen-year NBA career, never parted ways with Duffy (“Mistakes happen”), and also for the reputation of the Agents the story known in the USA was not the expected total write-off. On the contrary, the greatness of admitting the mistake and taking responsibility for it has earned him the reputation of a loyal and honest advisor, whom the budding Slovenian superstar Luka Doncic from the Dallas Mavericks trusts today. The now 45-year-old Carter is now back with the Miami Heat: He has been working there as an assistant coach since 2016.