Ha I forgot. Even dumber of them!
NYT https://archive.ph/bq3zk
Wachtell Lipton hired by NBA to investigate. They were the lead investigator in two previous investigations of NBA owners: Donald Sterling and Ronald Sarver.
Per Section 3 of Article XIII, which details the “Penalties” within the section that covers salary cap circumvention, any team that violates league rules for a second time, as well as the player, could face the following outcomes (after their case goes to an appeals panel):
A fine of up to $7.5 million.
The “direct forfeiture of draft picks.”
The voiding of the player’s contract, “or any Renegotiation, Extension, or amendment of a Player Contract, between such player and such Team.”
A fine of up to $350,000 for the player.
A suspension for up to one year for “any Team personnel found to have willfully engaged in such violation.”
The voiding of any transaction or agreement found to have violated league rules, and the forced forfeiture of funds received in the deal, “unless the player establishes by a preponderance of the evidence that he was unaware of the violation.”