NHL UNION LEADER COMES UNDER FIRE

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, February 24, 1993                   TAG: 9302240258
SECTION: SPORTS                    PAGE: B7   EDITION: METRO 
SOURCE: Associated Press
DATELINE: LAWRENCE, MASS.                                LENGTH: Short
NHL UNION LEADER COMES UNDER FIRE
The NHL Players Association, founded and led for 24 years by Alan Eagleson, loaned more than $1.17 million to companies in which Eagleson's friends had an interest, a newspaper investigation has found.
The Lawrence Eagle-Tribune said $775,000 from union escrow funds was loaned over five years to Norman Donaldson or companies tied to him for high-risk real estate investments. The newspaper said Donaldson was a tennis partner and associate of Eagleson, and that mortgage agreements included no penalty clauses for late payments.
Also, more than $400,000 was reportedly loaned from the escrow funds to a company connected to another friend, Irving Ungerman, whose son later became Eagleson's law partner.
The Eagle-Tribune says Eagleson, who resigned as executive director of the players' union in 1991, never mentioned the loans to the players.
"If I had known about loans or any of that stuff, an investment committee or Eagle using our money to loan to his friends, you know darn well I would have raised the topic and asked questions," said Boston Bruins assistant general manager Mike Milbury.
The newspaper's investigation has included other allegations against Eagleson, including claims that he represented players and a potential owner at the same time, posing a conflict of interest.

by Archana Subramaniam by CNB