Los Angeles Clippers owner Steve Ballmer claimed he had no knowledge of the deal between Kawhi Leonard and Aspiration and would “want the league to investigate” if another team were accused of circumventing the NBA’s salary cap. “I’d want the league to investigate, take it seriously,” Ballmer told ESPN on Thursday in his first interview since the story broke following …
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Yes, the NFL has experienced salary-cap circumvention
Last week, as Week 1 of the regular season was beginning, my unofficial NFL collusion colleague Pablo Torre dropped a turd in the NBA’s punchbowl. Pablo reported that Clippers star Kawhi Leonard had a “no-show” job with Aspiration, a failed start-up into which Clippers owner Steve Ballmer had invested $50 million. The company also had a $300 million endorsement deal …
Read More »NBA hires law firm to investigate Kawhi Leonard, Clippers cap circumvention allegations: Source
The NBA has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to conduct an investigation into allegations that LA Clippers star Kawhi Leonard’s endorsement deal with a now-bankrupt environmental company was made to help his team and its billionaire owner, Steve Ballmer, circumvent the salary cap, a source with knowledge of the situation told The Athletic. The decision …
Read More »NBA to investigate Clippers, Kawhi Leonard for alleged salary cap ‘circumvention’
The NBA is opening an investigation into a media report that Los Angeles Clippers star Kawhi Leonard received a multimillion-dollar no-work contract with a now-bankrupt environmental company as a form of payment to circumvent the NBA’s salary rules. “We are aware of this morning’s media report regarding the LA Clippers and are commencing an investigation,” NBA spokesman Mike Bass told …
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