Paul, who represents more than 20 National Basketball Association players, told ESPN that is not the case and he plans to meet with Pelicans officials soon.
As Davis positions himself for those discussions with new Orleans, he's made a decision to change agencies, signing on with Rich Paul and Klutch Sports, whose most notable clients are LeBron James, Ben Simmons, and John Wall.
LeBron James, who is also repped by Rich Paul, welcomed the superstar to the team on instagram.
Davis parted ways with his longtime agent Thad Foucher on September 8.
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Davis joins, John Wall, Eric Bledsoe and Ben Simmons as players represented by Rich Paul.
Davis, 25, has two years remaining on his $52 million contract with the Pelicans.
As far as the rumor mill goes, Davis' new home is a 90-minute drive from Staples Center, where James will ply his trade starting this season after signing with the Lakers in July. He signed a five-year, $145 million contract extension with New Orleans in June 2015. He's coming off his best National Basketball Association season, in which he averaged 28.1 points, 11.1 rebounds and 2.6 blocks per game. However, they could wait another season and target Davis if he decides not to re-up with the Pelicans.