Dinwiddie wanted to enable investors to essentially buy shares of his three-year, $34.4MM contract. He would have allowed investors, who would have paid a minimum of $150K, to bet on whether he would secure an even more lucrative contract after the second year of his deal. The NBA ruled that such an arrangement is prohibited by the CBA, since ‘no player shall assign or otherwise transfer to any third party his right to receive compensation from the team under his uniform player contract.'”
Dinwiddie plans to meet with league officials to further describe the concept and try to convince them to reverse the ruling.
We have more on the Nets:
- Forward Wilson Chandler is apologetic over his performance-enhancing drug-related suspension, as he told Brian Lewis of the New York Post. Chandler was suspended 25 games by the league in August after he signed a veteran’s minimum deal with the Nets. “This has definitely affected me in a negative way, disheartening,” Chandler said. “Definitely wish I could take it back, but I can’t now, so I just try to move forward.”
- Forward Rodions Kurucs refused to answer questions regarding allegations that he assaulted his girlfriend under the advice of legal counsel but he said the team has supported him during his legal battle, Lewis writes in the same story. “Yeah for sure, guys reached out. They were just so supportive. I know they have family [atmosphere] here,” he said. “So I always know that they’ve got my back and they are always here for me to talk or I can trust them 100 percent.”
- Forward Taurean Prince wants to be the team’s defensive stopper, according to Billy Reinhardt of Nets Daily. Prince, a restricted free agent next summer, was acquired from the Hawks in the Allen Crabbe deal. Prince was slowed by ankle injury last season. “I think my first two years I was definitely on my way to being a great defender,” Prince said. “There was an injury situation halfway through the season – came back a little too early. I played pretty much hurt the last 25-30 games. I never made an excuse, but now I’m 100% healthy. I’m going to demand guarding every All-Star we play, every best player on the floor at every time, no matter the position.”