FACTS: Leon Wood was drafted by the Philadelphia 76ers in the NBA annual college draft on 1984 NBA draft. After being unsuccessful during contract negotiations, Wood was offered a one year contract at $75,000. Patrick Williams, Vice President and General Manager of Philadelphia the contract was offered to Wood not because of the limitations of the 1983 memorandum agreement, but to preserve Philadelphia's exclusive right to negotiate with Wood following the regulations set forth by the NBA. Williams asserts that Philadelphia was prepared to seek a way around the salary cap in order to negotiate a multi-year contract with Wood but could not get Slaughter, Wood's representative,
FACTS: Leon Wood was drafted by the Philadelphia 76ers in the NBA annual college draft on 1984 NBA draft. After being unsuccessful during contract negotiations, Wood was offered a one year contract at $75,000. Patrick Williams, Vice President and General Manager of Philadelphia the contract was offered to Wood not because of the limitations of the 1983 memorandum agreement, but to preserve Philadelphia's exclusive right to negotiate with Wood following the regulations set forth by the NBA. Williams asserts that Philadelphia was prepared to seek a way around the salary cap in order to negotiate a multi-year contract with Wood but could not get Slaughter, Wood's representative,