OFAC Reportedly Issues License Authorizing NBA Teams to Negotiate With Iranian Basketball Players
As a follow-up to our previous post on the OFAC issues associated with Iranian basketball player Hamed Ehadadi, Adrian Wojnarowski, the NBA columnist for Yahoo! Sports has reported that OFAC has granted the NBA a license to negotiate with NBA teams.
Wojnarowski reported this evening that:
The NBA sent out an email to executives late Wednesday afternoon informing its 30 teams they were free to enter into negotiations with the 7-foot-2 Iranian Olympian, as well as one of his teammates on Iran’s national team: guard Mohammadsamad Nik Khahbahrami.
He also reported that:
Even with the clearance, the NBA ordered its teams Wednesday to contact the league office before signing either player to a contract because the OFAC license still “restricts the manner in which any financial payments can be made.” Teams also were urged to keep all documents related to any negotiations.
Labels: OFAC, Sanctions; Iran
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