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NBA players rejected the league’s latest offer today and began disbanding the union, likely jeopardizing the season. “We’re prepared to file this antitrust action against the NBA,” union executive director Billy Hunter said. “That’s the best situation where players can get their due process.” He said players were not prepared to accept the NBA Commissioner David Stern’s ultimatum, saying they thought it was “extremely unfair.”

Stern had urged players to take the deal on the table, saying it’s the best the NBA can offer and warned that decertification is not a winning strategy. “This is the best decision for the players,” union president Derek Fisher said. “I want to reiterate that point, that a lot of individual players have a lot of things personally at stake in terms of their careers and where they stand.” Hunter said the union was in the process of converting to a trade association and that all players will be represented in a class-action suit against the NBA. The proposal rejected by the players called for a 50-50 division of basketball-related income and proposed a 72-game season beginning Dec. 15.

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