All articles tagged with #daktronics
Daktronics, a familiar swimming-brand timing and scoreboard company, is cited in a Kawhi Leonard–related NBA scandal centered on alleged undisclosed sponsorships meant to skirt the salary cap, including a $100 million halo board at the Clippers’ Intuit Dome. The NBA has been investigating for 11 months; Daktronics is a NASDAQ-listed company with about $1B market cap and $756.6M in sales in 2025.
Yahoo Sports reports Kawhi Leonard was allegedly hired by Daktronics for a multimillion-dollar sponsorship tied to the Clippers’ Intuit Dome video board, with sources claiming he did little to no work and that the deal could be a way to sidestep the NBA salary cap. The piece notes this follows scrutiny of his Aspiration sponsorship and references an NBA investigation into Leonard, Ballmer, and the Clippers, with potential sanctions or a settlement possibly not resolved until 2027; Clippers deny any wrongdoing.
Kawhi Leonard is at the center of an NBA investigation into a supposed no-show endorsement with Aspiration and reports of a second questionable deal with Daktronics, a scoreboard manufacturer. The probe is examining whether these arrangements were used to sidestep the league’s salary cap; Clippers owner Steve Ballmer and the team deny any wrongdoing. Details on the Daktronics agreement are unclear, and the investigation could extend into 2027 before a resolution.
A podcast report alleges Kawhi Leonard had a secret multi‑million sponsorship with Daktronics, the maker of the Clippers’ Halo video board, potentially used to sidestep the NBA salary cap in connection with the Aspiration sponsorship. The NBA’s ongoing investigation, led by Wachtell Lipton Rosen & Katz, remains unresolved and has delayed related moves, with Daktronics not publicly confirming the deal and no comment from the NBA or Clippers.
Jim Cramer advises staying away from 3M due to ongoing litigation risk, while suggesting Daktronics as a potential investment opportunity. He praises Arista Networks as a strong networking company and expects its stock to rise. Cramer also mentions Martin Marietta Materials as an alternative to Vulcan Materials. He dismisses Vista Energy as a poor investment choice and recommends buying Skyworks Solutions now, anticipating future growth in the cellphone market.