NBA says it will open investigation into report that Clippers broke cap rules with Leonard deal

Los Angeles Clippers

The Clippers strongly denied that any rules were broken and said they welcomed the league’s investigation. The probe will focus on ties between Leonard, the Clippers and a company called Aspiration Fund Adviser, LLC, which filed for bankruptcy this year. It listed several creditors at that time, among them the Clippers and a company called KL2 Aspire LLC that was owed $7 million. Leonard is listed as the manager of that company in California filings.

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