An arbitrator upheld five-year suspensions of the chief executives of Bad Bunny’s sports representation firm for making improper inducements to players and cut the ban of the company’s only certified baseball agent to three years. Ruth M. Moscovitch issued the ruling on Oct. 30 in a case involving Noah Assad, Jonathan Miranda and William Arroyo of Rimas Sports. The decision became public Tuesday when the Major League Baseball Players Association filed a petition to confirm the 80-page decision in New York Supreme Court in Manhattan. The union issued a notice of discipline on April 10 revoking Arroyo’s agent certification and denying certification to Assad and Miranda.