U.S. attorney’s office investigating NBA players union
New York, NY, United States (AHN Sports) – The U.S Attorney’s Office is conducting an investigation into the NBA Players Association.
The NBPA Executive Director was informed Friday of the investigation as the Attorney’s Office has subpoenaed documents.
“The NBPA will cooperate fully with the government’s investigation,” the union said in a statement.
President Derek Fisher recently asked for a formal review of the organization’s finances and it looks like he was on to something.
Fisher refused to resign after the union’s executive director Billy Hunter made a push to have him ousted.
Allegations of nepotism against Hunter have surfaces as he has two family members working at the union office. In addition, one of Hunter’s daughters is a special counsel for the union while his son is a principle at an investment firm that manages money for the union.
Hunter’s family members and their businesses have been paid almost $4.8 million by the union since 2001, according to public records.
Hunter says he will cooperate with the internal inquiry, but will not be in involved in the effort so it remains independent.