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Derek Fisher Gets His Wish: The NBA Players Union Being Investigated By The U.S. Attorney’s Office

Posted by on Apr 27th, 2012 and filed under Home, NBA. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Derek Fisher Gets His Wish: The NBA Players Union Being Investigated By The U.S. Attorney’s Office

It turns out that NBAPA President Derek Fisher had legitimate reason to request an audit of NBA’s Player’s Union due to questions he has about Billy Hunter, the Executive Director of the union.

Once Fisher made that move, Hunter countered by turning to the executive committee and spoke to them about voting to ask Fisher to step down as President, which they most certainly did:

Fisher was asked to resign last week by the union’s leadership after he sought an outside review of finances. The request for him to step down came after the association’s executive committee spoke with Hunter on a conference call.

Hunter, a former U.S. attorney who led the players through two work stoppages, has a daughter and daughter-in-law on staff at the union. Another daughter is special counsel at a law firm used by the association, and Hunter’s son is a principal at a financial planning and investment firm that last fiscal year was paid $45,526 a month to run the union’s financial awareness program and advise on investments, according to filings with the U.S. Labor Department. -Source

Unfortunately for Hunter, Fisher isn’t going anywhere but there’s worse news for him.

Since 2001$4.8 million was paid to Hunter’s family members and their professional firms and that may be what led to the U.S. Attorney’s Office to step in and investigate the conduct of the Player’s Union under Hunter’s supervision.

Union Executive Director Billy Hunter was notified of the investigation by subpoena for documents on April 25, according to two people with direct knowledge of the situation. The people were granted anonymity because they weren’t authorized to discuss the investigation. -Source

Hunter is being accused of nepotism which is a fair accusation considering all the work, and money, the union has given/paid to firms in which Hunter’s family members are a part of.

All Fisher wanted was a simple audit by an outside firm, and now the U.S. Attorney’s office is involved. Jumping to conclusions is never good, but Fisher couldn’t have been suspicious for no reason at all and this pending investigation is proof.