Posts tagged LM-30
Sources: FBI probes finances from business owned by MLBPA, NFLPA
June 4, 2025 // The OneTeam partnership has become a major financial boon for both associations and has grown in valuation as it added the players' unions of women's basketball, men's and women's soccer, and other sports and college athletes to its portfolio. OneTeam was valued at $1.9 billion in 2022, when RedBird Capital sold its 40% stake to three other investment firms. The MLBPA's and NFLPA's relationships with OneTeam have come under scrutiny before. In late 2024, an anonymous unfair labor practices complaint was filed with the National Labor Relations Board, alleging "nepotism, corruption, mismanagement" at the MLBPA.
Gov’t Seeks 6-Month Sentence for IUOE Ex-Prez in DOL Forms Cas
May 16, 2025 // Federal prosecutors have requested a six-month prison sentence for James Callahan, former president of the International Union of Operating Engineers (IUOE), after he pled guilty to failing to disclose $315,000 worth of event tickets and additional benefits in his annual reports to the U.S. Department of Labor (DOL). Callahan, who served as IUOE’s general president from 2011 until his resignation in January, submitted false statements in LM-30 reports, which union officers are required to file to disclose potential conflicts of interest between their personal finances and their duties to the union and its members.