Brooklyn Nets All-Star guard Ben Simmons and his former team, the Philadelphia 76ers, reached a settlement agreement on the grievance Simmons filed to recoup a portion of the nearly $20 million withheld from him as a result of his failure to play games in the 2021-22 season, sources told ESPN on Monday.
Both sides agreed to confidentiality on the exact financial settlement reached.
Simmons and the National Basketball Players Association filed the grievance in April after the discussions between Simmons’ representatives at Klutch Sports and the 76ers didn’t result in a settlement, sources said. The sides entered into an arbitration process but reached a settlement agreement prior to a judgment.
Philadelphia had repeatedly insisted that Simmons was in breach of his contract under the collective bargaining agreement between the NBA and NBPA and had the right to recoup the money advanced to him before the season.
Source confirms The Sixers and Ben Simmons have reached a settlement on his $20 million grievance against the team after he sat out last season. First reported by @wojespn
The resolution reached between the sides is confidential pic.twitter.com/jJiBkJcYNm
— John Clark (@JClarkNBCS) August 15, 2022
Ben Simmons and the Sixers reached a settlement on the grievance #BenSimmons filed to recoup a portion of the near $20 million withheld last season when he refused to play per @wojespn pic.twitter.com/MJiqRTIkab
— Jeff Skversky (@JeffSkversky) August 15, 2022