Steven Smith wins arbitration vs Bologna
Steven Smith (203 cm, La Salle’06) filed a case at the Basketball Arbitral Tribunal (BAT) against his former team, Virtus Pallacanestro Bologna S.p.A (Italy-Serie A). The 31-year-old player played for Bologna in the 2011-12 season. His claim was for outstanding image payments and interest.
The BAT issued the following ruling on the claim:
1. Virtus Pallacanestro Bologna S.p.A. is ordered to pay to Mr. Steven Smith USD 71,130.62 as compensation for unpaid salary and bonus, together with interest payable at a rate of 5% per annum from 1 January 2013.
2. Virtus Pallacanestro Bologna S.p.A. is ordered to pay to Mr. Steven Smith EUR 8,053.29 as reimbursement of the advance on BAT costs.
3. Virtus Pallacanestro Bologna S.p.A. is ordered to pay to Mr. Steven Smith EUR 5,000.00 as a contribution towards his legal fees and expenses.
4. Any other or further-reaching requests for relief are dismissed.