What happened: The inquiry centers on whether Aspiration compensated Kawhi Leonard outside the salary cap while holding a 23-year, $300 million partnership with the LA Clippers. ESPN sources say the process could move to arbitration if the parties cannot agree on the findings and any discipline.
Why it matters: The Clippers-Raptors deal involving Leonard remains on hold because Toronto could inherit penalties affecting his contract. Available sanctions include forfeited draft picks, voided contracts and suspensions for involved team personnel.
By the numbers: Team fines for cap circumvention can reach $7.5 million.
What to watch: Watch for a negotiated settlement or an arbitration filing, and whether Toronto accepts the risk required to complete the trade.