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REPORT HAS THOMAS SEEKING A WAIVER FROM THE NBA TO KEEP CBA

          With CBA Owner Isiah Thomas reportedly still in talks
     with the Pacers about the team's vacant coaching post, the
     "issue of whether Thomas can unload the CBA before the
     Pacers run out of patience remains," according to Mark
     Montieth of the INDIANAPOLIS STAR.  The "attempted
     transaction" of the CBA to the NBPA "has been cloaked in
     silence" with "no report of progress" since Thomas signed a
     letter of intent on June 28 to sell the league to the union. 
     Meanwhile, Jewell Harris, Managing Partner of the CBA
     expansion Gary Steelheads, said that Thomas told him that
     "he would seek a waiver that would allow Thomas to continue
     to own the CBA if he becomes the Pacers' coach."  NBA and
     CBA reps said that they were "unaware of any such waiver
     request" (INDY STAR, 7/12).  In IN, Steve Patterson cited
     Steelheads investors as saying that while NBA Commissioner
     David Stern "has already said" Thomas' proposed dual
     interest would be in conflict, Thomas did ask for a waiver. 
     Harris: "The worst thing that could happen at this point --
     and we don't consider it bad -- would be if [Thomas] doesn't
     accept the Pacers' offer and he remains involved in the CBA. 
     But he believes if he gets this waiver, he won't have to 
     divest himself" (Gary (IN) POST-TRIBUNE, 7/11).

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