From the NBA:
NEW YORK, Aug. 25, 2015 –The NBA announced today that it has fined the Los Angeles Clippers $250,000 for violating NBA rules prohibiting teams from offering players unauthorized business or investment opportunities.
The violation involved a presentation made by the Clippers to free agent DeAndre Jordan on July 2 that improperly included a potential third-party endorsement opportunity for the player. While the NBA’s investigation ultimately concluded that the presentation of this opportunity had no impact on Jordan’s decision to re-sign with the Clippers, the team’s conduct nevertheless violated the league’s anti-circumvention rules.
The NBA’s anti-circumvention rules prohibit teams from, among other things, providing or arranging for others to provide any form of compensation to a player unless such compensation is included in a player contract or otherwise expressly permitted under the CBA.
NEW YORK, Aug. 25, 2015 –The NBA announced today that it has fined the Los Angeles Clippers $250,000 for violating NBA rules prohibiting teams from offering players unauthorized business or investment opportunities.
The violation involved a presentation made by the Clippers to free agent DeAndre Jordan on July 2 that improperly included a potential third-party endorsement opportunity for the player. While the NBA’s investigation ultimately concluded that the presentation of this opportunity had no impact on Jordan’s decision to re-sign with the Clippers, the team’s conduct nevertheless violated the league’s anti-circumvention rules.
The NBA’s anti-circumvention rules prohibit teams from, among other things, providing or arranging for others to provide any form of compensation to a player unless such compensation is included in a player contract or otherwise expressly permitted under the CBA.