Meyers Leonard has been fined $50,000 and suspended from team activities for one week following his use of an anti-Semitic slur.
Leonard will also be required to participate in a cultural diversity program.
“Meyers Leonard’s comment was inexcusable and hurtful and such an offensive term has no place in the NBA or in our society,” said Adam Silver. “Yesterday, he spoke to representatives of the Anti-Defamation League to better understand the impact of his words and we accept that he is genuinely remorseful. We have further communicated to Meyers that derogatory comments like this will not be tolerated and that he will be expected to uphold the core values of our league – equality, tolerance, inclusion and respect – at all times moving forward.”