Cleveland Cavaliers superstar LeBron James was reportedly found to have no stake in Klutch Sports Group following an investigation by the NBA.
According to ESPN's Brian Windhorst (h/t Ryne Nelson of Slam Online), the league looked into whether James had any ownership, but no evidence of an ownership share was found.
NBA players are not permitted to own a stake in agencies.
Klutch Sports Group is run by Rich Paul, who has represented LeBron throughout his NBA career.
In addition to James, Klutch Sports Group represents Cavaliers teammates Tristan Thompson and J.