NBA Investigating Lonzo Ball and Kyle Lowry’s Sign-and-Trade Deals on Suspicions of Tampering, Sources Say


0
NBA Investigating Lonzo Ball and Kyle Lowry's Sign-and-Trade Deals on Suspicions of Tampering, Sources Say

The NBA opened investigations into possible tampering violations involving two signed-and-trade deals completed in free agency, including the Chicago Bulls ‘acquisition of Lonzo Ball from the New Orleans and the Toronto Raptors’ acquisition of Kyle Lowry. by the Miami Heat, sources told ESPN on Saturday.

The NBA investigation will examine illegal contact between teams and players prior to the opening of free agency on Monday at 6 p.m. ET, sources told ESPN. Team executives, agents and players were notified of the opening of investigations from the league’s office, the sources said.

The NBA instituted tougher penalties in these cases in 2019, including increasing the maximum fine for teams to $ 10 million in addition to the possibility of suspending team executives, losing draft picks and even voiding contracts. Communications from team executives, such as phone records, text messages, and emails, can be randomly audited.

Sign-and-trade deals are more complicated and time-consuming than typical free agent signings, and often require a higher level of discussion and negotiation to complete.

New Orleans has agreed to trade Ball, a restricted free agent, to Chicago on a four-year, $ 85 million deal for Garrett Temple to a new three-year, $ 15.5 million deal and point guard Tomas Satoransky. That deal has yet to be finalized with the league office and could look different in its final form, sources said.

Miami negotiated a three-year, $ 85 million deal with Lowry in the sign-and-trade deal that sent point guard Goran Dragic and forward Precious Achiuwa to the Raptors. The Heat guaranteed Dragic’s $ 19.4 million team option Sunday, allowing them to use him in the sign-and-trade deal.

The Milwaukee Bucks lost a 2022 second-round pick to manipulation charges to Sacramento Kings restricted free agent Bogdan Bogdanovic in 2021. With the penalty, the NBA took into consideration that the Bucks ultimately did not sign Bogdanovic; the Atlanta Hawks signed him.


What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win