Hunter103 wrote:Wizenheimer wrote:
and exactly where does it say that the NBA is legally obligated to produce everything the union has asked for?
I believe the NBA is claiming the union has asked for records they aren't required by law to produce
Well if the records
are relevant, and the owners didn't provide them, then the union has a case. What we as a bunch of posters on the internet believe is ultimately irrelevant, but what is relevant will come out at the NLRB hearing, whichever way it goes. Until then it's useless to speculate.
That is a nice couple of ifs there. If the records are relevant, and if the owners did not provide them, but yet the owners are automatically guilty? Having thought about it for a little bit I seem to remember that the players also wanted the owners personal financials, here is a link I found from Berger.
Ken Berger wrote:The key to the NBPA's current strategy will be how the NLRB rules on the union's request for further financial information from the NBA to prove its stated $300 million in annual losses, said Jon Axelrod of Beins, Axelrod, P.C., in Washington, D.C., who has represented unions in labor disputes for 37 years. Larry Katz, the union's outside counsel, has requested additional financial documents from the owners, including those detailing third-party transactions -- where the money goes when a single entity owns the NBA team, the arena and an NHL team -- and franchise valuations.
"In my experience as a union lawyer, that stuff would be very valuable to the union in preparing its negotiating position," Axelrod said.
The NBA has furnished voluminous financial data to the union, including audited financial statements and tax returns. But Katz said the owners have not turned over accounting of third-party transactions or franchise valuations, for which the NLRB could cite the league for bad-faith bargaining.
http://www.cbssports.com/nba/story/1537 ... -legal-warSo the union wants to check the owners personal books, what they do outside of the league, the revenues and where they go from the NHL teams and arenas, and a valuation on what the team may be worth if it were sold. In other words they want a cut of what someone guesses the teams are worth, they want a cut of the money the arenas make outside of the NBA, they want a cut of the owners personal businesses, and they want a cut off of an appraised value of a team. That must be where Hunter is getting his 600-700 million from.
I know the players are acting as entitled brats, but really they think they get the right to get a cut off of everything the owner does, even outside of the league and business of basketball? I would tell them to pound sand as well.