5 hours ago
Adam Silver: “The NBA’s collectively bargained system for determining player compensation is a fundamental component of the basketball competition that the league oversees for the benefit of the teams and players and ultimately the fans,” Adam Silver said. “I am deeply disappointed by the flagrant violations of our rules and by the Clippers’ institutional and leadership failures that led to this misconduct. The severity of the penalties reflects the seriousness of the violations.”
Wachtell Lipton, the firm hired by the NBA, found that the Clippers initiated deals with four different companies for Kawhi Leonard: Aspiration, Boingo Wireless, Daktronics, and Lockton Insurance. And that the team facilitated endorsement deals for Leonard with each of them.
Wachtell Lipton, the firm hired by the NBA, found that the Clippers initiated deals with four different companies for Kawhi Leonard: Aspiration, Boingo Wireless, Daktronics, and Lockton Insurance. And that the team facilitated endorsement deals for Leonard with each of them.