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[SPORTS] · United States, Canada · 26 sources

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Los Angeles Clippers' Salary‑Cap Probe Keeps Kawhi Leonard Trade on Hold Until 2027

The NBA is conducting a nearly year‑long investigation into allegations that the Los Angeles Clippers bypassed the league's salary‑cap rules by using Kawhi Leonard's 2022 $28 million endorsement agreement with the now‑bankrupt firm Aspiration. The probe, launched about ten months ago, is being led by the law firm Wachtell Lipton Rosen & Katz. The Clippers and owner Steve Ballmer have consistently denied any misconduct, and NBPA executive director David Kelly has said he has seen no evidence that would warrant penalties. Commissioner Adam Silver has urged that the investigation be completed before the start of the next season, but the league warned it could extend to 2027 if the Clippers, the NBPA and the NBA cannot agree on findings or disciplinary measures, which might then be sent to an independent arbitrator. Because of the uncertainty, the blockbuster trade that would send Leonard back to the Toronto Raptors—along with Brandon Ingram, Gradey Dick and multiple future first‑round picks—has been placed on hold. The Raptors would assume any risk of sanctions, which could include fines up to $7.5 million, loss of draft picks, voiding of contracts and suspensions of up to one year for personnel.

Entities

Adam Silver · Aspiration · Aspiration Partners Inc. · Kawhi Leonard · Los Angeles Clippers · NBA · Steve Ballmer · Toronto Raptors

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Sources

about 2 months ago