SEC investigating Daktronics in Kawhi Leonard case

Why it matters

The SEC investigation into Daktronics related to an NBA salary cap scandal is notable but limited in market impact and breadth, affecting a niche intersection of sports and corporate governance rather than broad credit markets.

Sources

• The Hill Business

  SEC investigating Daktronics in Kawhi Leonard case

  The federal government and the NBA are investigating video display and scoreboard manufacturer Daktronics in connection with a scandal involving the Los Angeles Clippers in which the club allegedly circumvented the league's salary cap to sign star player Kawhi Leonard. During…