“We've decided to end our formal business relationship with Johnny,” LeBron James' business manager Maverick Carter told Cleveland.com.
“I will continue to support and advise him as a friend,” Carter added. “However, because Johnny needs to focus on personal growth, the next phase of his career and because LRMR continues to expand beyond marketing, we made the mutual decision that it was best to terminate our business relationship.”
The decison was also made to shift the long term focus on to bigger projects.
Manziel was reportedly seen gambling at a Las Vegas casino in disguise with a blond wig, fake mustache, and glasses over the weekend. He missed a concussion checkup at team headquarters Sunday morning and could not be reached on his phone all day.
The Heisman Trophy winner is a close friend of James and has been seen at Cavaliers home games. James shared his concern for Manziel on Wednesday.
"I don't know all the details on it, I really kind of even haven't been all up on it, but I've heard a little bit of it and it's just a distraction for not only himself but for everyone that's around him, including family, people that represent him, the people around him,” James said. “He'll figure it out at some point, we all hope.”
- Christopher Chavez