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Clippers fined $250,000 for violating league rules


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(Reuters) - The Los Angeles Clippers have been fined $250,000 by the National Basketball Association for violating NBA rules prohibiting teams from offering players unauthorized business or investment opportunities. According to the NBA, 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 said in a statement on Tuesday.

 

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