New York Times – After the 2002-03 season, Carter, then 27, was planning to exercise a $4.1 million player option to remain in Miami. Picking up the option was a no-brainer. Carter was coming off a disappointing season in which he averaged 4.1 points on .356 shooting in 49 games. For a player with that stat line, $4.1 million was a fortune.
Except Carter’s agent, Bill Duffy, failed to notify the Heat by the June 30 deadline that Carter was coming back. Instead of locking in another season in Miami, Carter accidentally became a free agent.
The mistake cost him at least $3 million. Carter had to settle for a minimum contract with the San Antonio Spurs — roughly $750,000 — the next season, rather than the $4.1 million he would have locked in by exercising his option.
The fact that Bill Duffy is still a licensed NBA agent, let alone Luka Doncic’s agent, after losing Anthony Carter $3 MILLION dollars because he forgot to file some paperwork is legitimately unbelievable.
Not only that, he’s still Anthony Carter’s agent! (Or at least still “looks over” Carter’s contracts) That is a ride or die friend, folks. If Carter gets pinched and needs a fall guy, Duffy better be first in line to take the bid. Carter must have had Duffy on speed dial as his gopher for anything and everything like Sean Boswell in Tokyo Drift.
To be fair he did pay Carter back for the lost wages over the last 17 years, which is not to be minimized because that is some honorable stuff right there. But my god, imagine being the agent and realizing what you’ve done? Must have felt like the mom from Home Alone except instead of committing a light bit of child abuse, you just punted on $3 MILLION dollars.
In an old ESPN article from Marc Stein, Duffy blames an unnamed staffer for a “clerical error,” which is the least believable thing I’ve ever read. You don’t entrust a $4.1 million contract to a paper pushing intern, you make sure that shit gets signed, sealed, and delivered. If that really is the case though and that is a true story, I hope Duffy walked into the guy’s office and fired him Ari Gold style.
If nothing else, I suppose this is a feel good story that should remind us that money isn’t everything. Duffy screwed up, paid Carter back, Carter went on to make $17 million in the NBA during his career and is now an assistant coach for the Miami Heat. Duffy for his part got some goodwill for doing the right thing and landed the next great NBA mega star in Doncic as his top client. See? Everything works out in the end.