STAMFORD, Conn. — NBA Commissioner Adam Silver mentioned Monday there’s “no contemplation” of shifting the All-Star Recreation out of the Los Angeles Clippers’ house area because it investigates whether or not the staff circumvented wage cap guidelines with reference to Kawhi Leonard.
The league mentioned it was opening the investigation final month after a report by journalist Pablo Torre centering on a $28 million endorsement contract between Leonard and Aspiration Fund Adviser LLC, a California-based sustainability providers firm that filed for chapter this yr.
Clippers proprietor Steve Ballmer made a $50 million funding in Aspiration, and the corporate and the staff introduced a $300 million partnership in September 2021.
The NBA can situation stiff penalties if cap guidelines are discovered to have been damaged by a staff, together with a effective of as much as $7.5 million, the voiding of contracts and the forfeiture of future draft picks.
However the league’s midseason festivities at Intuit Dome will not be affected.
“There’s no contemplation of shifting the All-Star Recreation,” Silver mentioned, “and planning for the All-Star Recreation and the encompassing actions are working fully independently of the continued investigation.”
Silver spoke at NBC Sports activities headquarters to debate the community’s return to broadcasting the league this season. The All-Star Recreation — with an anticipated new format pitting U.S. and a global staff — will probably be televised by NBC on Feb. 15.
The NBA introduced in January 2024 that it will carry the 2026 All-Star weekend to Intuit Dome even earlier than it opened. The sector, which opened for the 2024-25 season, can also be set to host basketball on the 2028 Olympics.
