Adam Silver addressed the NBA's investigation into whether the Los Angeles Clippers circumvented the salary cap with Aspiration's endorsement deal with Kawhi Leonard. Chris Mannix of Sports Illustrated asked Silver what he needs to see to make a determination that the Clippers committed an infraction. The NBA's collective bargaining agreement indicates that circumstantial … [Read more...] about NBA Striving To Get ‘True Understanding’ Of What Happened Between Clippers, Aspiration
Clippers Initiated Kawhi Leonard Deal; Aspiration Execs Never Considered It Cap Circumvention
In December 2021, Aspiration founder Joe Sanberg told company executives that the Los Angeles Clippers had approached him about an endorsement deal with Kawhi Leonard. Sanberg stated the arrangement was "important to the Clippers," according to executives who were present that spoke with the Wall Street Journal. The $48 million, four-year endorsement contract is now at the … [Read more...] about Clippers Initiated Kawhi Leonard Deal; Aspiration Execs Never Considered It Cap Circumvention
Lakers Waive RJ Davis, Augustas Marciulionis, Anton Watson, Nate Williams Jr
The Los Angeles Lakers waived guards RJ Davis, Augustas Marciulionis and Nate Williams Jr., and forward Anton Watson. All four players had been signed to Exhibit 10 contracts. All four players are expected to join the South Bay Lakers for the upcoming G League season. The Lakers roster now stands at 14 players signed to standard contracts and three players signed to two-way … [Read more...] about Lakers Waive RJ Davis, Augustas Marciulionis, Anton Watson, Nate Williams Jr
Clippers Waive Patrick Baldwin Jr, Jason Preston, TyTy Washington Jr
The LA Clippers waived forward Patrick Baldwin Jr. and guards Jason Preston and TyTy Washington Jr. All three players are expected to join the San Diego Clippers for the upcoming G League season. The Clippers also converted forward Jahmyl Telfort to a two-way contract on Saturday. LA's roster is now set for the regular season. The Clippers have 14 players signed to standard … [Read more...] about Clippers Waive Patrick Baldwin Jr, Jason Preston, TyTy Washington Jr
NBA Team Valuations Reach $5.51 Billion Average, Up 20 Percent From 2024
The average NBA team is now worth $5.51 billion, up 20 percent year-over-year and 113 percent since 2022, according to Sportico's calculations. The collective value of all 30 franchises reached $165 billion, driven by a landmark $76 billion media rights agreement and strategic arena investments. Rick Welts, newly appointed Dallas Mavericks CEO, called the current moment … [Read more...] about NBA Team Valuations Reach $5.51 Billion Average, Up 20 Percent From 2024