FIBA, the world's baskeball governing body, has approved overseas clubs signing NBA players during the lockout, even those like Deron Williams who are under contract.  It's the last roadblock for Williams and other NBA players who want to play overseas during the labor dispute. The ruling is seen as a victory for the players.

Secretary general Patrick Baumann says in a statement Friday that FIBA supports "any player wishing to play the game, wherever and whenever. We do so while obviously taking the interests, rights and obligations of all parties into account."

• FIBA: NBA stars can play overseas, at own risk - AP
• League players cleared to compete overseas, federation says - Reuters
• FIBA: NBA players can play for other leagues during lockout - Jeff Zillgitt - USA Today
• FIBA clears way for NBA players to play overseas - Kurt Helin - NBC Sports
• NBA Lockout: 10 Consequences of an Extended Work Stoppage - Mark Medina - Los Angeles Times
  
• PR N°15 - FIBA clears NBA players to play abroad during lockout - FIBA