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O.J. Mayo Will Sign With New Agent, Marketer

OJ Mayo
Source: ojmayoonline.org
OJ Mayo

O.J. Mayo, who left agent Calvin Andrews of BDA after the agency was being connected with alleged payments by runners to the phenom, is close to signing with a new agent and a marketer.

Multiple sources have told CNBC that Mayo is "99 percent sure" he is going with Leon Rose, the CAA agent who represents LeBron James. In an interesting twist, Mayo is also close to signing LRMR for marketing, the firm that also represents James, run by his long-time friend Maverick Carter.

LRMR's only other professional athlete marketing client is Miami Dolphins wide receiver Ted Ginn.

Years ago, Mayo was thought by many to be the next LeBron James, but isn't expected to command nearly the seven-year, $90 million Nike deal that James signed in 2003. Mayo has been tabbed to be as high as the third pick in the draft behind Derrick Rose and Michael Beasley. The pay-to-sign scandal is not expected to affect his draft status.

It's not clear when Mayo handed in the paperwork, but if he filed a termination notice to the union on the day he terminated Andrews (May 22), he would be allowed to name his agent on Friday. The union states that a player must wait 15 days after terminating an agent before informing them of a new representative. Nothing will be official until that time.

Questions? Comments? SportsBiz@cnbc.com

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