Story perspectives

NBA Halts Raptors' Kawhi Deal Amid Clippers Salary-Cap Probe

7/15/2026

Summary

Story summary

NBA has halted Raptors’ reacquisition of Kawhi Leonard as the league’s salary-cap probe of the Clippers continues.
The 11-month investigation, led by Wachtell, Lipton, Rosen & Katz, examines a $28 million Aspiration endorsement, a $50 million Ballmer investment and a $300 million sponsorship.
Clippers owner Steve Ballmer denies wrongdoing, blaming fraud by Aspiration co-founder Joe Sanberg.
NBA commissioner Adam Silver will address the investigation after the Board of Governors meets in Las Vegas.

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Story summary

NBA has halted Raptors’ reacquisition of Kawhi Leonard as the league’s salary-cap probe of the Clippers continues.
The 11-month investigation, led by Wachtell, Lipton, Rosen & Katz, examines a $28 million Aspiration endorsement, a $50 million Ballmer investment and a $300 million sponsorship.
Clippers owner Steve Ballmer denies wrongdoing, blaming fraud by Aspiration co-founder Joe Sanberg.
NBA commissioner Adam Silver will address the investigation after the Board of Governors meets in Las Vegas.