What happened: Kawhi Leonard reportedly had a multimillion-dollar sponsorship agreement with Daktronics, which made Intuit Dome's video board. The NBA investigation continues to hold up the Clippers' agreement in principle to trade him to Toronto.

Why it matters: The Raptors would assume the risk of any penalty affecting Leonard's contract if they completed the deal before a ruling. His $50 million expiring contract leaves both teams exposed to the investigation's outcome.

By the numbers: Toronto held 56% of the destination market, down 43 percentage points from its 99% peak. The Clippers stood at 39% and the Atlanta Hawks at 2%, with total liquidity above $1 million.

What to watch: The NBA's ruling will determine whether Toronto and the Clippers can finalize the trade before training camp.

Sources