Major NBA trade won't be official until league's investigation into team's salary cap accusations is complete

Kawhi Leonard isn't going to Toronto conscionable yet.

Last week, Leonard's Los Angeles Clippers agreed to a commercialized that would nonstop him to the Toronto Raptors, wherever helium won a title successful 2019. However, the commercialized is reportedly connected clasp until the NBA's probe into the Clippers is complete.

Leonard is accused of receiving off-the-books wealth done an evident endorsement woody to assistance the Clippers circumvent the wage cap.

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Kawhi Leonard #2 of the Los Angeles Clippers looks connected during the archetypal fractional of the preseason crippled against the Portland Trail Blazers astatine Climate Pledge Arena connected October 03, 2022 successful Seattle, Washington. The Los Angeles Clippers won 102-97. (Alika Jenner/Getty Images)

"For the past 10 months, our enactment has afloat cooperated with an NBA investigation, participating successful dozens of interviews, providing tens of thousands of documents, and facilitating entree to our staff. While the process has been challenging, we person remained committed to transparency," the Clippers said successful a connection to ESPN.

"On June 30, we reached an statement successful rule to commercialized Kawhi Leonard to the Toronto Raptors. We person since been informed that the commercialized tin lone beryllium finalized if the Raptors' ownership group assumes the hazard of penalties related to Kawhi’s declaration that could theoretically effect from the ongoing investigation.

"The probe is ongoing, and we expect the commercialized to beryllium finalized pursuing its conclusion."

In the statement, the Clippers denied immoderate wrongdoing.

Los Angeles Clippers guardant Kawhi Leonard (2) dunks against the Chicago Bulls during the 2nd fractional of an NBA hoops crippled Sunday, Jan. 10, 2021, successful Los Angeles. (AP Photo/Marcio Jose Sanchez)

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"We did not funnel wealth to Kawhi Leonard done Aspiration. Like galore blase investors, fiscal institutions, and concern partners, we were victims of a fraud initiated by [Aspiration co-founder Joe] Sanberg, who has been convicted and sentenced to 14 years successful prison," the squad said.

"We admit the uncertainty this has created and the interaction it has had connected our team, our fans, the Raptors organization, their fans, and the players whose futures stay affected portion this process continues. We stay assured that, erstwhile the facts are evaluated reasonably and thoroughly, the NBA volition corroborate precisely what we person said from the beginning: We person not done what we are accused of doing."

The Raptors said to ESPN they "would presume the hazard of immoderate imaginable outcome" of the probe and "will hold until the league's probe is complete."

"The Raptors stay anxious to bring Kawhi backmost to Toronto and look guardant to a swift solution for our players, our organization, and our fans," they said.

Leonard remains nether declaration done 2027 and is acceptable to gain much than $50 cardinal adjacent season. According to reports, helium besides hopes to motion a two-year, $126.1 cardinal hold that would let him to decorativeness his vocation successful Canada.

Kawhi Leonard, center, of the LA Clippers looks connected from the seat successful thoroughfare apparel against of the Phoenix Suns successful the archetypal fractional of crippled 3 of a archetypal circular NBA playoff hoops crippled astatine the Crypto.com Arena successful Los Angeles connected Thursday, April 20, 2023. (Keith Birmingham/MediaNews Group/Pasadena Star-News via Getty Images)

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The Raptors agreed to portion with guardant Brandon Ingram, defender Gradey Dick, 2 aboriginal first-round picks, a first-round prime swap, and 2 second-round picks.

Outkick's Alejandro Avila contributed to this report.

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