Play Fantasy Use your Fantasy skills to win Cash Prizes. Join or start a league today. Play Now
Blog Entry

NBPA withholding licensing fees to pay for Boies

Posted on: November 22, 2011 10:12 am
Edited on: November 22, 2011 11:01 am
 
By Matt Moore 

Everyone gets paid. Except the arena workers, the cops who need overtime, the parking lot guys, the local shops and restaurants, and the players. But the lawyers? They sure as heckfire get paid. 

ESPN's Dave McMenamin reports that the NBPA is withholding licensing fees from the players to pay for David Boies and his high-profile firm to represent them against the owners. McMenamin tabs Boies' fee at $1,220 per hour, which is now being paid for by profits the players would otherwise collectively see from jersey/trading card/ video game sales.  Other estimates on Boies have him at $960 per hour, which, you know, is so much better. Boies publicly commented in 2007 to the Wall Street Journal  that charging over the $1,000 mark was probably a bit much. 
"Frankly, it's a little hard to think about anyone who doesn't save lives being worth this much money," says David Boies, one of the nation's best-known trial lawyers, at the Armonk, N.Y., office of Boies, Schiller & Flexner LLP.
via Lawyers Gear Up Grand New Fees - WSJ.com.

Of course this doesn't reflect market changes, inflation or the fact that his current client is high profile enough to warrant a higher rate. Boies' firm is on record from earlier this year saying they still charge the $960, but that may be dependent upon how the case wraps up:
David Boies, chairman of Boies, Schiller & Flexner and a prominent trial lawyer, charges $960 an hour, a spokeswoman for the firm said. But just a third of his time is devoted to matters that are billed hourly. More often his deals with clients involve alternatives such as pegging fees to his success, she said.
via Top Lawyers Push Rates Above $1,000 an Hour - WSJ.com.

Either way, while the players are losing paychecks every day while Boies and the league argue over who should call one another first -- no, we're serious, that's what they're arguing about --  and that's after the union decided to disclaim interest and dissolve the union... without holding a full vote of membership. 

At some point the players have to be wondering about what direction all this is going, and if the efforts to try and save them some money are going to wind up costing them more than they're saving.

Everyone gets paid.

Well, except for the people laid off, the concession vendors and the television production crew support.
Comments

Since: Mar 17, 2010
Posted on: November 23, 2011 1:15 pm
 

NBPA withholding licensing fees to pay for Boies

Boies is not just charging 1220 per hour but all costs related to the suit. This guy is going to make a bundle for losing in court or just being part of a stupid negotiation. Union members had best unite. You don't need Wade or LeBum or any of the $ players they are the minority. Bad union decisions. Fragmented and the owners knew it and they are playing their cards right. The players are hosed now.



Since: Sep 30, 2011
Posted on: November 22, 2011 10:01 pm
 

NBPA withholding licensing fees to pay for Boies

Well at least Boies will be able to afford to take his family to an NBA if this ever gets worked out...................seeing as the players are paying his tab through revenue made from jersey and video game revenue.

The sick part is that Boies can look himself in the mirror and feel good about collecting his $1,000 per hour while the arena worker's, cops, parking lot attendants, etc all lose their homes and struggle to put food on the table.

What a joke..............nobody gives a rats a$$ about anyone else directly or indirectly involved other than their own self seving interest; makes me sick.



Since: Oct 16, 2011
Posted on: November 22, 2011 8:48 pm
 

NBPA withholding licensing fees to pay for Boies

Boies looks like a creepy child molester, you couldnt pay me a $1,000 an hour to look at that face. Maybe with all the money hes making during the lockout he could get some plastic surgery and a hair transplant.



Since: Aug 1, 2009
Posted on: November 22, 2011 7:29 pm
 

NBPA withholding licensing fees to pay for Boies

atleast someone is winning this season



Since: May 29, 2007
Posted on: November 22, 2011 2:43 pm
 

NBPA withholding licensing fees to pay for Boies

Now would be a good time for some of the players to get a degree.  When Scott Boras was injured, he pursued a degree in law.  His baseball career didn't work out with the Cubs, but he's doing all right for himself.  LeBron -- Kent State is accepting applications.  It's not too late.



Since: Mar 7, 2009
Posted on: November 22, 2011 2:21 pm
 

NBPA withholding licensing fees to pay for Boies

Couldn't have said it any better.  I wonder if the a league could now be formed with players that want to play?



Since: Oct 10, 2011
Posted on: November 22, 2011 1:35 pm
 

NBPA withholding licensing fees to pay for Boies

Look at Boies' picture. He's happy more than ever... lol



Since: Nov 20, 2008
Posted on: November 22, 2011 1:05 pm
 

NBPA withholding licensing fees to pay for Boies

Is it any wonder 70% of NBA players go broke within a few years of retiring or being cut. The players just don't have the business acumen, experience or leadership to play with the billionaire sharks who they are embarrassingly trying to out negotiate.Toting Kobe,KJ and Rondo out in thier best gangsta posse pose every so often as a show of solidarity is high school stuff which I guess is what is to be expected as few if any actually could pass a high school equivalency exam. The players look bad here and it's getting worse every minute and the fact nobody really seems to care from a public/ fan perspective other than a few basketball writers who are trying to justify their unnecessary paychecks. 




Since: Jul 26, 2009
Posted on: November 22, 2011 12:01 pm
 

NBPA withholding licensing fees to pay for Boies

I'm sure theybare so happy to be paying their attorneys. This has become a big joke. Players are looking worse by the day.



Since: Nov 22, 2011
Posted on: November 22, 2011 11:51 am
 

NBPA withholding licensing fees to pay for Boies

Hello!! Fashion,low price,Reliable quality,the good shopping places,
Cheap wholesale and retail Nike Air jordan shoes $40,
Nike shox shoes $40, Nike Air max shoes $41,
Nike Air Force one $40, Nike Dunk Shoes $42,
Gucci shoes $45, D&G shoes $46,
Timberland Shoes, LV shoes $46,
Griff Shoes, Women Boots,
belt $18, Hat $12,
sunglasses $16,
handbags,Jeans $39,
Watch,T-Shirt $20,
(NFL MLB NBA NHL) jerseys $25,
Free shipping,Accept paypal.
Welcome interested friends to order,
Maybe you will find suitable for your lover and friend's gift,
welcome to:====== ======


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com