Anthony Carter’s Agent Cost Him $3 Million. The Agent Paid Him Back. – The New York Times:
“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.”
As criticism rained down on Duffy, the agent offered to make it right. He would pay Carter $3 million out of his own pocket — through an agreed-upon payment schedule — to make up for the mistake, essentially the difference between his Spurs contract and the Heat salary he had forfeited. It was an unusual and virtually unprecedented move.