4:44pm: The NBPA confirmed in a series of tweets today that it has asked for Fisher's resignation. Maurice Evans, a member of the executive committe, spoke to Craig Stouffer of the Washington Examiner about the issue, explaining why the executive committee wants Fisher to step down.
"We sent out a letter on behalf of the entire board to Derek, telling Derek that we have appreciated his leadership up until this point, up until the lockout," Evans said. "From the end of the lockout to now, we have been dissatisfied with his actions. There's been a number of actions that have been questionable, and that have lost him the confidence of the board, not the other players, because the other players are not up to speed with what's going on."
2:27pm: Fisher made a brief statement on the issue at the Thunder's shootaround today, saying that he takes his position very seriously and that he's fighting for what's best for the players. Darnell Mayberry of the Oklahoman has the full transcript of Fisher's comments.
12:03pm: Not all the player reps are on board with ousting Fisher. One player rep told Wojnarowski, "Before we let Billy [Hunter] do anything else, I want an audit of this union… A lot of guys feel that way."
11:40am: Hunter is pursuing a call of team player reps today to vote on removing Fisher from his position, tweets Adrian Wojnarowski. Wojnarowski adds (via Twitter) that it's unclear just how much power the player reps have in the decision.
FRIDAY, 10:35am: In a letter to executive committee members, Fisher urged them to live up to their "fiduciary responsibility" and vowed not to resign, according to Ken Berger of CBSSports.com.
"He's lost the confidence of the players and he's not representing our interests," one union member told Berger. "We gave him the courtesy of having the option to resign without letting this thing get messy."
THURSDAY, 10:11pm: Yahoo! Sports' Adrian Wojnarowski is reporting that Billy Hunter, the executive director of the NBA Player's Association, has convinced the union's executive committee to seek the resignation of the organization's president, Derek Fisher.
Reportedly, the main reason for their fallout came when a power struggle occurred after Fisher convinced the executive committee to vote for an independent auditor to look into the union's finances. Hunter then turned around and convinced the committee that an audit wasn't necessary, and that they should instead try to oust Fisher from his position.
Mistrust between the Player's Association's two most public figures was first created during the lockout, when various players were forced to choose which side they trusted. As it stands, Fisher refuses to step down, and has two years left to serve as NBAPA president. Hunter has three-plus years left on his contract.