This episode details the NBA’s sanctions against the Clippers for salary cap violations, highlighting Steve Ballmer’s initial defiance before his public apology and the subsequent Kawhi Leonard trade to Toronto. The discussion shifts to a newly reported federal criminal investigation by the DOJ into the Clippers, focusing on potential securities fraud and undisclosed endorsement deals with companies like Daktronics. Former DOJ prosecutor Lou Manzo analyzes the legal risks, noting that while cap circumvention is not a crime, aiding public companies in falsifying disclosures could lead to pri…
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