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.
BLOCKBUSTER: The Boston Celtics have agreed to trade Jaylen Brown to the Philadelphia 76ers for Paul George, two first-round picks and two second-round picks, sources tell ESPN.
Just in: Free agent F/C Sandro Mamukelashvili has agreed to a four-year, $52 million deal to sign with Los Angeles Lakers, with a player option for the fourth season, sources tell ESPN. Big fully guaranteed deal for George Roussakis and Mark Bartelstein of @PrioritySports.
BREAKING: The Los Angeles Lakers are acquiring Walker Kessler from the Utah Jazz for unprotected first-round picks in 2031 and 2033 and first-round swaps in 2028 and 2030, sources tell ESPN. Kessler will sign a massive four-year, $130 million deal with the Lakers.
BREAKING: The Los Angeles Clippers are nearing deal sending Kawhi Leonard to the Toronto Raptors for Brandon Ingram, Gradey Dick, 2 first-round picks, 1 pick swap and 2 second-rounders, sources tell ESPN. A return to Canada for the Raptors champion and two-time Finals MVP.
BREAKING: LeBron James will continue his NBA career for the 2026-27 season and has informed the Los Angeles Lakers that the franchise can move on without him because he will play elsewhere, Klutch Sports CEO Rich Paul tells ESPN.
BREAKING: The Charlotte Hornets are trading star guard LaMelo Ball and Josh Green to the Minnesota Timberwolves for Naz Reid, a 2033 unprotected first-round pick, three first-round pick swaps (2028, 2029, 2030) and three second-round picks (2029, 2032, 2033), sources tell ESPN.
Los Angeles Lakers star Austin Reaves intends to sign a four-year, $185 million maximum contract to return to the franchise, with a player option for the final season in 2029-30, sources tell ESPN. Reaves declined his $14.9M player option for the new max deal.