A report on the investigation into the NBA players' union's business activities showed that Billy Hunter, its executive director, did nothing illegal but his actions might not have been in the best interests of the players.
An eight-month review, which was released Thursday by the firm Paul, Weiss, Rifkind, Wharton & Garrison, discovered that Hunter "acted in a manner inconsistent with his fiduciary obligations to the NBPA. As a result, at times he entangled the union in actual or potential conflicts of interest, failed adequately to disclose those conflicts and took inappropriate advantage of his position as executive director."
The biggest concerns included Hunter's new $3-million annual salary, which was not properly approved by the union in 2010.
The report, which came about in part by NBPA President Derek Fisher's insistence in April 2012 to review business practices, called into question whether Hunter should remain as executive director of the players' association.
"Based on the findings of this report, the NBPA should consider whether Mr. Hunter should remain as the union’s executive director and whether new and more effective controls should be enacted to govern the NBPA, its foundation and its executive director, whoever that may be," the firm said in a release.