Andrew Bogut has obtained an initial insurance policy proposal from FIBA, making it more likely that he will play in the National Basketball League (NBL) of his native Australia. A decision on whether or not Bogut goes into action — as well as the team for whom he will toil — could come in the next few days.
Bogut today wrote this rather cryptic message on Twitter:
The Age, a Melbourne-based newspaper, pinpointed out the reason behind Bogut’s tweet: FIBA has responded with appropriate insurance coverage proposal. In the story, Bruce Kaider, the agent for Bogut, discussed the process of taking the the policy, vetting it properly, and getting Bogut onto the hardwood of his homeland.
”We have got our insurance policy which we have got our legal team here and in the US looking at. It’s a bit of backwards and forwards with FIBA on the insurance policy,” Kaider said last night.
”We are hoping we will get something done over the weekend if it comes back as we expect it and there is nothing too sinister in there that is going to stop Andrew from playing.
”We will know more by the end of the weekend exactly where we stand as far as whether he is or he isn’t going to play in the NBL.
”But we are a lot more optimistic now than we were probably were a week ago.”
If Bogut and his management team go forward with the decision to play, Andrew would then have to choose among the three teams courting his services: the Sydney Kings, Adelaide 36ers and Gold Coast Blaze. (The Gold Coast’s pitch to sway Bogut went so far as to photoshop him into its blue uniform for a newspaper ad (above).) In addition to any salary paid to Bogut, the NBL team signing him must also pay for the insurance policy. Previous estimates of the cost of the coverage put the price tag in the neighborhood of half a million dollars.
At the same time Bogut looks for lockout work, the NBA is holding labor meetings in New York. The denouement of both the Bogut decision and the NBA work stoppage could arrive simultaneously, and if the NBA ends its impasse, then Bogut’s choice would immediately become moot. Since Bogut remains under contract with the Bucks, he would be subject to a FIBA rule that requires so-called “lockout deals” to dissolve upon resolution the NBA labor conflict.
The National Basketball League begins its season on October 7th.