Carmelo Anthony has opted out and will be an unrestricted free agent on July 1.
The deal is reportedly for five years and worth $25 million.
Billy Hunter was ousted from his job as executive director of the union in a unanimous vote by NBA players who said Saturday they will “no longer be divided, misled, misinformed.”
The NBA lockout has effectively whipped out more than a month and a half of the season, and Tuesday, the players experienced what it really feels like to be unemployed.
The NBA players have rejected the league’s latest offer and are beginning the process to disband the union.
Joined by superstars such as Kobe Bryant and Carmelo Anthony, player representatives from NBA teams are meeting to discuss the league’s proposal for a new labor deal.
LeBron James might be a load to handle on the court, but in the NBA labor quagmire he’s got nothing on a swamp turtle named Pogo, a comic pages pundit with a labor lesson for LeBron and the NBA players. “We have met the enemy, and the enemy is us,” said Pogo, the resident sage of cartoonist Walt Kelly’s Okefenokee Swamp.
The announcement Thursday that negotiations to end the NBA lockout would resume were followed by reports that some players are investigating the possibility of decertifying the union.
Derek Fisher denied a rift in union leadership in a letter to NBA players Monday, telling them there have been “no side agreements, no side negotiations or anything close” with league officials.
Talks to end the NBA lockout broke down Friday afternoon, and Ken Berger of CBS Sports joined The Boers and Bernstein Show to discuss the current state of negotiations.
Searching for progress to end the NBA lockout, owners and players held another lengthy bargaining session Wednesday despite the departure of Commissioner David Stern.
NBA players and owners met for more than 10 hours with a federal mediator, hoping to deliver the progress Commissioner David Stern says is needed to avoid canceling more games.
The fate of the NBA’s season could rest on Tuesday’s meetings.
NBA owners apparently weren’t bluffing when they said they wanted competitive balance just as much as a chance to profit.
Facing a Monday deadline to reach a deal or have regular-season games canceled, NBA owners and players have resumed talks toward ending the lockout.
Derek Fisher emerged from a meeting with NBA officials and, as he as all summer, reported no breakthrough on a new labor deal.
NBA owners and players have failed again to get close to a labor deal, and union president Derek Fisher says he anticipates the remainder of the preseason to be canceled.
NBA owners and players have finished meeting in small groups and will return Tuesday for what union president Derek Fisher says will likely be a “a very huge day” in the labor lockout.
NBA owners and players failed to reach a deal after about seven hours of talks Saturday, mostly about the salary cap structure, and will meet again Monday.
With exactly one month until the season is scheduled to start, NBA owners and players are meeting for a second straight day in hopes of ending the lockout.