UTA on Wednesday said it has made a significant investment in the powerhouse sports agency Klutch Sports Group, led by its founder and CEO Rich Paul, a move that among other things will create UTA Sports and bring Los Angeles Lakers stars LeBron James and Anthony Davis into the agency fold. As part of the partnership, Klutch will continue to operate under its own brand and Paul will become Head of UTA Sports, focusing on building UTA's sports business for athletes in all their professional endeavors, on and off the field. This comes after UTA had a courtship to acquire Paradigm, which ended when Paradigm chief Sam Gores decided to stay independent.