*(Via USA Today) – National Basketball Players Association executive director Billy Hunter did not “engage in criminal acts involving embezzlement of theft of union funds,” according to an independent inquiry into the NBPA conducted by Paul, Weiss, Rifkind, Wharton & Garrison LLP.
However, the exhaustive and detailed inquiry, led by high-profile attorney Theodore Wells, concluded, “Based on the findings of this report, the NBPA should consider whether Mr. Hunter should remain as the Union’s Executive Director.”
The report said, “In our judgment, the facts do show that, at times, Mr. Hunter’s actions were inconsistent with his fiduciary obligations to put the interests of the Union above his personal interests. Further, Mr. Hunter did not properly manage conflicts of interest.
“We also find that the NBPA’s Board of Player Representatives never properly approved Mr. Hunter’s current employment contract with the Union as required by the Union’s Constitution and By-Laws, that Mr. Hunter was aware that his current contract was never properly approved and that he knowingly failed to disclose this information to the Executive Committee and the Player Representatives.”
get the full story at USA Today.