REPORT: Victor Wembanyama is reportedly considering signing less than his maximum rookie scale contract extension to give San Antonio more financial flexibility, per @JakeLFischer
Respect. ✊🙌
Developing: The Los Angeles Clippers-Toronto Raptors trade centered on Kawhi Leonard will not be complete until the NBA investigation into the Clippers is over. Statement from the Clippers to ESPN:
For the past 10 months, our organization has fully cooperated with an NBA investigation, participating in dozens of interviews, providing tens of thousands of documents, and facilitating access to our staff. While the process has been challenging, we have remained committed to transparency.
On June 30, we reached an agreement in principle to trade Kawhi Leonard to the Toronto Raptors. We have since been informed that the trade can only be finalized if the Raptors' ownership group assumes the risk of penalties related to Kawhi’s contract that could theoretically result from the ongoing investigation. The investigation is ongoing, and we expect the trade to be finalized following its conclusion.
At the heart of this investigation are Joe Sanberg and Aspiration. We did not funnel money to Kawhi Leonard through Aspiration. Like many sophisticated investors, financial institutions, and business partners, we were victims of a fraud initiated by Sanberg, who has been convicted and sentenced to 14 years in prison.
We recognize the uncertainty this has created and the impact it has had on our team, our fans, the Raptors organization, their fans, and the players whose futures remain affected while this process continues.
We remain confident that, when the facts are evaluated fairly and thoroughly, the NBA will confirm exactly what we have said from the beginning: We have not done what we are accused of doing.
BREAKING: Cleveland Cavaliers All-NBA star Donovan Mitchell has agreed on a four-year, $273 million maximum contract extension that includes a player option for the 2030-31 season and a full trade kicker, CAA's Co-Head of Basketball, Austin Brown, tells ESPN.
BREAKING: Cleveland Cavaliers All-NBA star Donovan Mitchell has agreed on a four-year, $273 million maximum contract extension that includes a player option for the 2030-31 season and a full trade kicker, CAA's Co-Head of Basketball, Austin Brown, tells ESPN.
Just in: The Los Angeles Lakers are trading Deandre Ayton to the Washington Wizards for Jaden Hardy and two Wizards second-round picks in 2031 and 2032, sources tell ESPN.