NBPA Holds Conference Calls On Probe Of Its Business Practices
The NBPA held its first conference calls in many months Thursday night with player leadership and told player reps that Paul Weiss, the law firm which has been investigating the business practices of the union for NBA players, would soon be finishing its report. The NBPA has been the subject of a federal investigation and has been in a state of internal turmoil since last spring when President Derek Fisher asked for an audit of the union and the union’s exec committee asked for Fisher to step down as president.
A source said that Fisher is still president and was on the conference calls last night. Despite the fact that Fisher and NBPA Exec Dir Billy Hunter are at odds, the calls were not contentious, the source said. Paul Weiss is expected to report to the player leadership the results of its review in the next several weeks. Players on the call were also given an update about a new annuity that is being created for retired players, under the new NBA CBA.