The NBA fined the Los Angeles Clippers $250,000 for promising DeAndre Jordan endorsements during his free agency
Jae C. Hong/AP
The NBA announced on Tuesday that they fined the Los Angeles Clippers $250,000 for breaking the NBA's "anti-circumvention" rules.
The NBA prohibits teams from "offering players unauthorized business or investment opportunities." The NBA found that the Clippers' July 2 free agency meeting with Jordan included a third-party endorsement offer.
Basically, the Clippers tried selling Jordan on L.A. by offering an endorsement. Here's the statement:
The Clippers have been fined $250,000 involving DeAndre Jordan's free agency. Here's why ... pic.twitter.com/vw0AYpy8ms
- Jared Zwerling (@JaredZwerling) August 25, 2015
Of course, Jordan then backed out of the deal and decided to re-sign with L.A., saying that he second-guessed his decision to join the Mavericks and didn't want to leave the Clippers.
It shouldn't come as a surprise that the Clippers tried to sell the Los Angeles market to Jordan. While the widely held assumption that big markets hold a greater appeal to free agents has mainly been debunked, teams in New York, L.A., and other cities still cite the potential for more endorsements and marketing opportunities to plays. The Lakers, despite being a lottery team in the midst of a rebuild, still try to sell free agents on the Los Angeles market.
- 5 things to avoid doing if your phone gets wet
- Intense rains quench Uttarakhand’s wildfire frenzy; Supreme Court tells state govt. to stop relying on rain god
- IPL decoded: Can RCB still qualify? Probabilities of IPL teams qualifying for the playoffs
- IPL decoded: Hasty 100s - The fastest centuries in IPL 2024 so far
- 5 pasta types for home cooking enthusiasts
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market