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NBA Investigation Could Push Clippers‑Leonard Trade Into 2027

Disputed findings would trigger arbitration and appeals under the CBA, adding months to the process and freezing major roster decisions.

Overview

  • A report Wednesday said the independent Wachtell Lipton probe could stretch into 2027 if the NBA, the Clippers or the NBPA refuse to accept the findings or a settlement.
  • The proposed trade sending Kawhi Leonard to the Toronto Raptors was placed on hold after Toronto was told it would assume any risk from potential penalties tied to Leonard’s contract.
  • Investigators began with a reported $28 million Aspiration endorsement for Leonard and have expanded the review to include a second endorsement and certain team expenses.
  • The Clippers and Leonard deny wrongdoing and the NBPA’s director, David Kelly, has publicly said he has not seen evidence that would justify punishment.
  • If the league seeks penalties and the parties contest them, a neutral arbitrator and a three‑person appeals panel could hear the case, a process that would delay a final outcome and leave both franchises’ offseason plans uncertain.