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Rich Paul gives way, Norris Cole signs qualifying offer

Finally one of Rich Paul's clients has ended his holdout.

Less than two weeks away from the start of training camp, Norris Cole continued to sit in limbo. According to the Times-Picayune yesterday, both his representation and the Pelicans remained at a standstill.

Well, it looks like Paul, Mark Termini and the rest of Klutch Sports have had a sudden change in heart.

Guard Norris Cole signed a 1-year qualifying offer paying $3.03 million with Pelicans & will be a UFA next year, agent Rich Paul told Yahoo.