Yea, reading through that it seems that the NBA has absolutely no right to fine any more than $1MM let alone force a sell. The only way to enact 24(l) would be if there is not a clear definition of how to punish a member for the given transgression.
34A(c-d) pretty clearly spell out that the punishments for comments detrimental are a fine not to exceed $1M and/or a suspension of "definite or indefinite" durations.
The only question is does the language in 13(a) supersede this?
quote:
ARTICLE 13
TERMINATION OF OWNERSHIP OR MEMBERSHIP
The Membership of a Member or the interest of any Owner may be terminated by a vote of three fourths (3/4) of the Board of Governors if the Member or Owner shall do or suffer any of the following:
(a) Willfully violate any of the provisions of the Constitution and By-Laws, resolutions, or agreements of the Association.
Is committing an act defined under 34A(c), which already has a clear punishment for owners, considered a "violation of the provisions". Also, with the fact that he was taped (supposedly) without his knowledge, is the term "willfully" up for debate?
It would seem that he has, at the very least a leg to stand on to challenge the $2.5M fine (and reduce it to a measly $1M) but also may be able to block this vote to forcibly terminate his membership. It does appear he is SOL on the lifetime ban though, unless he can challenge the issue of his private comments being a "statement", which I don't see working.