Clippers lose five first-round picks, fined $30M

What happened

Among the penalties announced by NBA following an investigation into the Clippers: A loss of 5 1st-round draft picks and a fine of $30M; Steve Ballmer was suspended from all league and team activities for 1 year; Kahwi Leonard must pay the league $700K.

Summary assembled by rule from the sources below

Timeline

1. 20:40
   First appeared on Yahoo SportsYYahoo Sports
2. 21:42
   ESPN started reportingEESPN

Sources