Stay grounds Hawks, Thrashers
By TIM TUCKER
The Atlanta Journal-Constitution
Published on: 07/07/06
Those are the results of a court order issued Thursday.
The Maryland judge who last month ruled that Belkin is entitled to buy out the other Hawks-Thrashers owners at cost issued a stay of the ruling Thursday, pending appeal, but he attached a significant condition to the stay.
He ordered that, pending appeal, the other owners are to "not initiate the purchase, sale, trade or negotiation of any NBA or NHL player contract ... excluding contracts involving present or future draft picks and contracts for any other player with a contract duration of one year or less."
Montgomery County (Md.) Circuit Court Judge Eric Johnson said in court that the order would not apply to players with whom negotiations already have been initiated, meaning, for example, that the Hawks apparently are free to complete their planned signing of free-agent point guard Speedy Claxton to a multiyear contract.
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