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The NBA vetted and approved a $300 million sponsorship deal between the Los Angeles Clippers and Aspiration in 2021, months before the green banking company signed a separate deal with star Kawhi Leonard that has triggered a salary cap-circumvention investigation by the league, multiple sources told ESPN.
STAMFORD, Conn. — NBA commissioner Adam Silver said Monday that there is «no contemplation» of moving the All-Star Game out of the LA Clippers' home arena as the league investigates whether the team circumvented salary cap rules in regard to Kawhi Leonard.
Kawhi Leonard said Monday he didn't receive all of the money he was owed from a California company he had an endorsement deal with in a business relationship that is under investigation by the NBA, but he insisted there was no wrongdoing.
INGLEWOOD, Calif. — Kawhi Leonard said that he doesn't «think it's accurate» that he performed no services for Aspiration, the now-bankrupt green banking company and LA Clippers team sponsor with which he signed a lucrative endorsement contract.
The former chief executive officer of Aspiration, the company that LA Clippers owner Steve Ballmer is accused of using to circumvent the salary cap, said Friday that claims that Kawhi Leonard signed a no-show contract with his former company are false.
A limited partner with the LA Clippers reportedly sent nearly $2 million to a now-bankrupt company that allegedly gave Kawhi Leonard an endorsement deal for a «no-show job» less than 10 days before the star forward was paid $1.75 million by the company, the podcast «Pablo Torre Finds Out» reported Thursday.
NEW YORK — It will be up to the NBA to prove wrongdoing during its investigation of potential salary cap circumvention by the LA Clippers, owner Steve Ballmer and star Kawhi Leonard, league commissioner Adam Silver said Wednesday.
LA Clippers owner Steve Ballmer told ESPN that he would «want the league to investigate» if another owner and another team were accused of circumventing the NBA's salary cap, as the Clippers were in a podcast by Pablo Torre on Wednesday.