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The NBA investigation into whether payments from Clippers team sponsors to star player Kawhi Leonard were a prohibited attempt to circumvent the salary cap has moved to a contentious discussion phase between the team and the league, people with knowledge of the case not authorized to discuss it publicly confirmed to The Times on Monday.
ESPN reported that the probe conducted on behalf of the NBA by high-powered New York law firm Wachtell Lipton Rosen & Katz has found no evidence establishing that Clippers owner Steve Ballmer funneled money through Aspiration Partners, Daktronics or other team sponsors to pay Leonard millions of dollars in excess of his player contract.
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However, the NBA issued a statement that read: “ESPN’s article regarding the LA Clippers investigation — for which the NBA declined to cooperate — contains numerous and significant inaccuracies. The results in this matter will be made clear once the investigation is concluded.”
The Clippers’ stance has not changed since it was reported on Pablo Torre’s podcast 11 months ago that Ballmer invested $60 million in Aspiration, a self-described “socially-conscious and sustainable banking services” firm that in turn promised Leonard $28 million in an endorsement deal.
Read more: NBA commissioner Adam Silver says Clippers probe should wrap up before the regular season begins
“The Clippers introduced players, including Kawhi Leonard, to companies with which we had business relationships,” the Clippers said Monday in a statement to The Times. “Making introductions between players and team partners is both an ordinary practice by NBA teams and a common request of players and representatives.
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“From there, Kawhi and his representatives handled their own negotiations. The Clippers did not negotiate or dictate the terms of Kawhi’s endorsement agreements or determine what he would be paid.”
There is no evidence that Leonard did endorsement work for Aspiration, which went bankrupt and saw its co-founder Joseph Sanberg sentenced to 14 years in prison in June for defrauding investors and lenders of over $248 million.
ESPN reported that the…
Source link : https://sports.yahoo.com/articles/nba-clippers-clash-over-progress-201331305.html
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Publish date : 2026-08-17 20:13:00
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