Published 19:00 IST, May 16th 2020
Spencer Dinwiddie claims to join team of fans' choice if they help him reach Bitcoin goal
NBA: Brooklyn Nets star Spencer Dinwiddie recently asked fans to make his GoFundMe page reach its goal, after which he would join a team of their choice.
Advertisement
Brooklyn Nets star Spencer Dinwiddie recently started a Spencer Dinwiddie GoFundMe p with a goal of $24,632,600. He asked fans to make Spencer Dinwiddie GoFundMe p reach its goal, after which he would join a team of ir choice with a one-year contract with a minimum salary. In September last year, he h tried converting his contracting into an investment opportunity. NBA h declined his idea.
Advertisement
Spencer Dinwiddie GoFundMe: Dinwiddie wants fans to help him reach his $24.6 million target
Fans to help Spencer Dinwiddie GoFundMe p to reach its goal?
In his te, Dinwiddie explained why he wants fans to help him. He stated that current 2625.8 BTC is somewhat equivalent to $24,632,630 USD. If y hit target, he would let his fans decide his next team for him where he will sign a one-year contract. He ded that if target is t met, he will donate everything to charity. He ded that fan engments come in all shapes and sizes, so he wants everyone to have fun.
Advertisement
While many assumed that Dinwiddie was being sarcastic, actually doing so might violate terms from Collective Bargaining Agreement (CBA). If crowd funds his contract, a team might be able to afford a player which y rmally cant and will be a 'circumvention'. As per NBA's official definition of circumvention, league can reject deals that might t be illegal but still somehow violate spirit of those rules.
Advertisement
Dinwiddie's offer actually violates CBA's Section 1(b), which states that third party can pay for basketball services. This will also violate Sections 2(a) and 2(b), which state that one cant decide contracts beforehand. While Dinwiddie is t deciding with a team in vance, he is making an agreement with third party.
Advertisement
19:00 IST, May 16th 2020