SBD/Closing Bell

NBPA Spent $5.4M On Audit Of Former Exec Dir Billy Hunter

The NBPA spent about $5.42M on “the internal audit that resulted in the firing” of Exec Dir Billy Hunter, according to filings with the U.S. Labor Department. The forms list a total of 438 union members, which breaks the cost down to $12,378 per player. Annual union dues are $10,000. The biggest expense, at $3.56M, was to Paul Weiss Rifkind Wharton & Garrison LLP, which conducted the review. The next biggest expense was $1.23M to Deloitte Financial Advisory Services, “which was retained by Paul Weiss” (BLOOMBERG NEWS, 7/23).
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