[Vardon] If league investigators find proof that the Bucks and Trent are guilty of what the Clippers and Leonard were guilty of, the punishment could be equally severe, if not worse. An NBA spokesman said the league’s investigation into Trent’s contract is ongoing… NBA hired law firm Hecker Fink
If league investigators find proof that the Bucks and Trent are guilty of what the Clippers and Leonard were guilty of, the punishment could be equally severe, if not worse.
An NBA spokesman said the league’s investigation into Trent’s contract is ongoing and declined to answer further questions.
The NBA hired national investigations law firm Hecker Fink to examine the circumstances surrounding Trent’s contract. The league typically hires white-shoe firm Wachtell, Lipton, Rosen & Katz for work like this, but two concurrent cap-circumvention cases are atypical.
The details that caught the NBA’s attention regarding Trent’s deal are this: Trent, 27, had signed two prior contracts for much less money with Milwaukee amid the previous two summers of 2024 and 2025 (including for the league minimum in 2024). There were player options attached to both deals, and he declined them both, setting up larger paydays. The first was a modest increase, with his 2025-26 salary jumping from \(2.6 million to \)3.7 million. Then, in the run-up to his new contract, which will pay him more than $15 million annually, he muddled through his worst statistical campaign since his rookie campaign from eight years ago. Trent averaged 8.1 points on 39 percent shooting in 21 minutes per game.
The NBA needs to learn if the Bucks and Trent purposefully agreed to enter into smaller, cheaper contracts with a plan to reward Trent in a future deal – which is a violation of the league’s salary rules.
Had the agreement with Trent come in the first few hours or even days of NBA free agency, according to rival league executives granted anonymity to discuss a player’s contract not with their team, the reaction in league circles would have been collective eye rolls and mockery, given Trent’s subpar 2025-26 performance. But leaking news of the agreement on July 11, nearly two weeks into NBA free agency, when most teams had used most of their available cap space, indicates the Bucks paid Trent above his market value, those rival executives said.
The Bucks, meanwhile, have maintained to their rivals that they believed Trent’s market value to be the contract they ultimately awarded him, and those same rival executives said Milwaukee maintained projections of likely free-agent contracts that prove it always believed Trent would be a $15 million-per-year player on the open market.