NBA Players Seeking Legal Way Out of Chinese Basketball Association Contracts

6 Dec

When players money got funny and there was no end date in sight for the NBA Lockout, players began signing contracts with the the Chinese Basketball Association. Now that things are moving forward, these guys would like to come back. But not so fast…

According to Yahoo! Sports, Denver Nuggets free agents J.R. Smith(notes) and Wilson Chandler(notes) are still pursuing ways to get out of their Chinese Basketball Association contracts but have yet to find a prompt avenue back to the NBA.

Smith and Chandler play for the Zhejiang Chouzhou Golden Bulls and Zhejiang Guangsha Lions, respectively, and sources said those teams could be willing to agree to steep buyouts to let the players return to the NBA. The players would have to return all the salary they’ve made, plus agent fees and an additional $1 million to satisfy owners – but that still won’t assure them they could play in the NBA.
As a member of FIBA, the government-run Chinese Basketball Association would still control the players’ letters of clearance, and sources in China insist the league has no interest in allowing the NBA players to leave before season’s end in March. NBA teams can’t sign free agents without letters of clearance showing the players are free of contract breaches elsewhere in the world.

One Response to “NBA Players Seeking Legal Way Out of Chinese Basketball Association Contracts”

  1. reputation management April 25, 2012 at 6:02 am #

    Quality SEO Rankings has One of the Industry Leaders in the SEO business. This full service SEO Consultation Firm has been widely recognized as the top SEO Company for the last several years. With the top experts in the industry, Quality SEO Rankings offers a wide range of SEO services allowing them to accomplish your website’s mission.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: