Washington Wizards majority owner Ted Leonsis indicated on Wednesday that he expects the NBA to implement a hard salary cap.

David Stern cautioned that it is not necessarily true and suggested Leonsis will receive punishment from the league office.

"We're negotiating and that was one of our negotiating points," Stern told The Associated Press, "but collective bargaining is a negotiating process, and that was not something that Ted was authorized to say and he will be dealt with for that lapse in judgment."

In a press release to RealGM and other news outlets, the NBA announced that they have issued a $100,000 fine to Leonsis for his comments.