Union memo: Agents should prepare

Updated: July 1, 2010, 1:41 PM ET
By Marc Stein | ESPN.com

The NBA Players Association, in a brief but sober memo circulated to player agents mere hours before the start of free agency, has issued its latest warning about a possible lockout in 2011.

The memo, obtained by ESPN.com, advises agents who are worried about players who might have "difficulty budgeting" over the next year in advance of a potential lockout "can and should negotiate an 18- or 24-month payment schedule for [their] 2010-11 salary."

The memo continued: "This will ...

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