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Kawhi Leonard trade to Raptors stalled by NBA salary cap investigation
Kawhi Leonard’s potential trade to the Toronto Raptors remains on hold as the NBA continues an investigation into alleged salary cap circumvention involving the Los Angeles Clippers.
New allegations suggest Leonard held an undisclosed multi-million-dollar sponsorship with Daktronics, the company responsible for the Clippers’ videoboard at the Intuit Dome. Sources claim the deal may have been used to funnel money from the Clippers to Leonard to bypass league regulations. This follows a previous investigation into a $28 million endorsement deal with Aspiration, which critics alleged was a ‘no-show’ deal linked to Clippers owner Steve Ballmer’s investments.
The NBA has utilized the law firm Wachtell, Lipton, Rosen & Katz to conduct the probe, which has been ongoing since last September. Despite the scrutiny, reports indicate that Leonard remains optimistic about joining the Raptors, with his camp maintaining confidence that the investigation will resolve in his favor.
Entities
Daktronics · Kawhi Leonard · Los Angeles Clippers · NBA · Toronto Raptors
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] An investigation suggests Kawhi Leonard had an undisclosed multi-million-dollar sponsorship with Daktronics. blackamericaweb.com · newstalkcleveland.com
- [○ 1 SOURCE] The NBA has employed the law firm Wachtell, Lipton, Rosen & Katz to investigate allegations of salary cap circumvention. raptorsrepublic.com
- [● 2 SOURCES] The Daktronics deal was allegedly a method to circumvent the NBA salary cap by funneling money from the Clippers to Leonard. blackamericaweb.com · newstalkcleveland.com
- [● 2 SOURCES] Daktronics stated they do not currently have a deal with Kawhi Leonard. blackamericaweb.com · newstalkcleveland.com
- [● 2 SOURCES] A previous endorsement deal with Aspiration reportedly included a clause that would terminate the deal if Leonard left the Clippers. blackamericaweb.com · newstalkcleveland.com
- [○ 1 SOURCE] Kawhi Leonard remains confident that the NBA investigation will conclude and allow his trade to the Toronto Raptors to proceed. raptorsrepublic.com