How a Game of Telephone Derailed the Werenski Deal

Sometimes the biggest trades fall apart not because of money or term sheets, but because someone didn't get the memo - or got it wrong. The Werenski trade negotiations hit a wall when a miscommunication between parties created confusion that neither side could recover from. In a league where deals are made and unmade on handshake agreements and late-night calls, a simple breakdown in communication proved to be the deal-breaker.