NEW YORK (AP) - The federal government is investigating the business practices of the NBA players’ association.
The union confirmed Friday it has received a subpoena for documents from the U.S. attorney’s office in Manhattan and says it will cooperate with the investigation.
The NBPA also said in a statement that it has appointed a special committee to oversee an internal inquiry, including a financial audit.
Recent reports have questioned the NBPA’s finances and spending practices, largely having to do with the hiring of family members and firms that employ relatives of executive director Billy Hunter. Hunter says he will cooperate with the internal inquiry, but will not be in involved in the effort so it remains independent.
The special committee, consisting of members of the NBPA executive committee and other player representatives. The special committee has retained Theodore V. Wells, Jr. and the law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP to conduct the inquiry.
The NBPA said in the statement it looks forward to putting the matters to rest.
Carly Sullivan, a spokeswoman for the U.S. attorney’s office in Manhattan, said: “We have no comment. We don’t confirm or deny investigations.”
By John Solomon
How the government's punishing of the exposure of official wrongdoing can linger for years
Independent voices from the TWT Communities
First over-the-counter column approved for fast and effective relief from even your worst media-induced headache.
A collection of reader guest articles, thoughts and opinions by Communities writers and breaking news and information.
Great discoveries in the world of restaurants and chefs fulfill the quest for delicious food and cooking.
Paul Rondeau dissects the propaganda, media tricks, and other shenanigans targeting our families, faith, and freedom…and even life itself
Benghazi: The anatomy of a scandal
13 Photos
Vietnam Memorial adds four names
18 Photos
Cinco de Mayo on the Mall
11 Photos
NRA kicks off annual convention
8 Photos
