Tag Archives: circumvention

The NBA has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to conduct an investigation into allegations that LA Clippers star Kawhi Leonard’s endorsement deal with a now-bankrupt environmental company was made to help his team and its billionaire owner, Steve Ballmer, circumvent the salary cap, a source with knowledge of the situation told The Athletic. The decision …

The NBA is opening an investigation into a media report that Los Angeles Clippers star Kawhi Leonard received a multimillion-dollar no-work contract with a now-bankrupt environmental company as a form of payment to circumvent the NBA’s salary rules. “We are aware of this morning’s media report regarding the LA Clippers and are commencing an investigation,” NBA spokesman Mike Bass told …