Overview
- The June 30 trade that would send Kawhi Leonard to the Toronto Raptors remains paused because Toronto would assume the risk of any league penalties against Leonard or the Clippers.
- Investigators from Wachtell Lipton have presented initial findings and have begun talks with Steve Ballmer and Clippers lawyers that sources describe as settlement-style negotiations.
- The NBA issued a public rebuttal to parts of recent reporting, saying an ESPN story contained significant inaccuracies and warning its formal findings will differ from early press accounts.
- Reporting indicates the league’s scrutiny centers on Clippers introductions between Leonard and team sponsors and a possible failure to supervise those contacts rather than clear evidence that Ballmer directly paid Leonard.
- Possible punishments range from fines and lost draft picks to suspensions or voiding contracts, and contested discipline could trigger neutral arbitration and appeals that push a final outcome into 2027.