NBPA Player Reps Reportedly Never Approved Executive's $15 Million Deal
Billy Hunter, executive director of the National Basketball Players Association, could be in danger of losing his job after reportedly failing to get the correct approval on his five-year, $15 million extension in 2010.
Hunter signed the contract at an NBPA executive committee meeting on June 23, 2010, at the Wynn Hotel in Las Vegas, but he and (union general counsel Gary) Hall, the late union general counsel, never brought the deal to a vote of the 30 team player representatives for approval, multiple sources told Yahoo! Sports.
Furthermore, a report from Ken Berger of CBS Sports states that a business review from the law firm retained by the NBPA last year is about to release its findings.
The business review at the crux of an NBPA power struggle is expected to be released by the end of the week, league sources told CBSSports.com. Despite indications that no illegalities were uncovered in the union's business dealings, there are deep concerns among those close to the union about how damning the report will be and how it will be perceived.
It also says there are prominent agents who are looking at potential replacements who could take Hunter's job if he steps down in light of this situation.
Last April, Yahoo! Sports reported that Hunter was seeking a financial investment between $7-9 million from the players union that would go to a bank with ties to his son.
In addition to that, Hunter and union president Derek Fisher have butted heads during the lockout last year over the way Hunter conducted business.
This new controversy is just the latest in a career marred by it for Hunter, who took over as head of the NBPA in 1996. There have been two lockouts during his tenure, both of which led to severe fan and media backlash.
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