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Does no labour agreement mean no player penalties for actions?

It came to my attention recently in light of Michael beasley's "incident" that he will not actually be penalised or punished by the NBA because there is currently a lockout, so the anti-drug agreement is not in place for the players.

Reading from the article by Ira Windman, league spokesman Tim Frank states that  “The anti-drug agreement — including testing and penalties — is not in effect during the lockout.”
Here is the link for the article for anyone interested (hooray for potential lowered trade value for you rosterbators out there).
http://blogs.sun-sentinel.com/sports_basketball_heat/2011/07/nba-smoke-em-if-you-got-em.html


So the question I would like to pose is that because of this recent ruling and the fact that there is currently no binding agreement between the league and the players (as far as I know, I'm not against being corrected) does this mean that any action by an NBA player or coach will go entirely unpunished aside from perhaps being the victim of a grudge by David Stern. So if a certain shooting guard wants to speed with his kid in the car, or another certain point guard wants to brandish guns at his team mates due to a gambling fallout, does this mean they will not be punished at all by the league?

Going a little further, perhaps a few players or coaches who feel slighted by the NBA could trash the league for past misgivings. If Steve Nash (hypothetically) wanted to say 'Hey Stern, your stupid bench rule cost me a 'chip u midgety c**t' does this mean he could get away with it because there is no way the league can punish him?

Or if a certain coach of a certain Florida based team who has a certain dominant centre said 'How about you guys call some fouls for my dominant centre who gets raped every night and picks up techs because u motherf**kers won't call s**t for him because he is a freak of nature' does this mean they won't pick up a $100,000 fine?

Let me know what you guys think and if anyone knows the actual rules on this as I am just working on assumptions based on logic, hypotheticals and the linked article please back me up or prove me wrong.

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