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NBA Agents Issue Warning To Players Union

With little to no progress over the weekend between the NBA Players Association and the NBA Owners, several prominent agencies representing players are beginning to get restless.

A number of agencies issued a warning letter to the Players Union stating that they would strongly discourage the players from signing any agreement that would decrease basketball revenues from the current 57% that players receive without significant concessions from the owners.

The agents, in an earlier correspondence, had encouraged the players union to follow the path that the NFL players traveled when they de-certified and took the owners to court rather than concede critical negotiating points.

The owners are seeking to decrease the players cut of the revenue from 57% to 46% and effectively institute a hard cap that could impact an agents ability to negotiate with teams.  Union President Derek Fisher has criticized the agents for inserting themselves into the negotiations and questioned their motives.