Fisher's letter to the NBA Players in response to the Agent's letter

Guys,

I write to you from New York where we have had the most recent negotiating sessions, the latest one today. I wanted to keep everyone in the loop on the events of the past few days and since my last update.

Before I update you though, I must comment on a letter that has been brought to my attention and drafted by a handful of agents representing you. The letter which I personally read this morning is to their players and had planned to release this afternoon/evening. Your agents represent you, there's a loyalty there and I can appreciate that. I'll never question it, the work they do for you, or the decisions you and they make together. The letter however includes misinformation and unsupported theories.

As you would imagine, the agents are not aware of my seeing this ahead of its release. As a player myself, I know that each player should read everything we can. My emails, media reports, letters from their representation, to form an opinion on the situation. Educate yourself, ask questions, do it all. But not all of what you read is fact, you know this, I know this.

One issue I need to again be very clear on...nothing can be accepted without a vote by the players. If and when there is a proposal that we feel is in the best interests of us as players, each of you WILL have the opportunity to vote in person. It's in the union bylaws, it's not up for negotiation. You will have the

opportunity to see the full proposal before you agree, you will be able to challenge it, question it, anything you feel appropriate in order to know that this is the best deal for you and your fellow players.

As far as the negotiations, quite a few guys came out for the meeting on Friday. We met as a group first where we updated the players on the league and owner's position which I have briefed you on previously. Everyone in the room was in agreement, we have been more than fair in our proposals.

We then continued into the meeting with David Stern, Adam Silver and the Labor Negotiations Committee including: Jeanie Buss, Peter Holt, Clay Bennett, Jim Dolan, Larry Miller, Robert Sarver, Bob Vanderweide, Glen Taylor and Mickey Arison.

It was there that we discussed details of proposals and continued to reiterate our position on several key economic and system issues. At the conclusion of the day's meetings, yet again, it was agreed by the players present, we will continue to negotiate in good faith but what we have offered thus far is fair and reasonable.

Talks continued Saturday and again today in smaller groups.

Tomorrow, as you may have read, will be another larger negotiating session. Everyone in the regional meetings, Friday's player meeting, and throughout this process has been in support of the position the NBPA has taken. We go into tomorrow's meeting strong, remaining steadfast on the issues we will not be able to move away from. Anyone saying different is not privy to the meetings and is uninformed.

Keep the questions, comments and suggestions coming. Stand united.

Derek