FAIRFAX, Va. (AP) – The NBA has fined Washington Wizards majority owner Ted Leonsis hours after he told local business leaders he expects the league soon will have a hard salary cap similar to the NHL’s model.
The NBA says in a statement that Leonsis was fined $100,000 for “unauthorized public comments regarding the league’s collective bargaining negotiations.”
Leonsis, who also owns the Washington Capitals, spoke to a group of Northern Virginia business leaders before the Wizards’ daily training camp session Wednesday.
NBA teams can currently exceed the salary cap if they are willing to pay a luxury tax penalty. The league’s proposal to the union for a new collective bargaining agreement to replace the one that expires next summer included elements of a hard cap.
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