US EditionPlot Thickens in Kawhi Leonard Scandal as Ex-Aspiration CEO Provides New Details on $28M Allegations
The NBA is probing a $10 million investment by Clippers owner Steve Ballmer into Aspiration amid allegations the firm provided Kawhi Leonard a no-show endorsement deal to bypass salary cap rules.
- Bill Simmons on his podcast floated that Kawhi Leonard, Los Angeles Clippers forward, may have been unaware of the alleged no-show endorsement, as Pablo Torre's report prompted an NBA investigation.
- Steve Ballmer invested $50 million initially and made an additional nearly $10M contribution in March 2023 to Aspiration, which filed for bankruptcy after co-founder Joe Sanberg pled guilty to defrauding investors of more than $248 million.
- Shortly after Dennis J. Wong's investment, Aspiration paid $1.75 million to KL2Aspire LLC, but insiders said the deal 'materialized essentially out of the ether' and Andrei Cherny noted the contract had extensive obligations and termination clauses.
- NBA commissioner Adam Silver confirmed Wednesday that the league will investigate Steve Ballmer, Clippers owner, but requires hard evidence; the Los Angeles Clippers organization denies wrongdoing amid potential penalties if violations are proven.
- Simmons argued that half the league may engage in similar practices, and even if Leonard was unaware, the Clippers could still face scrutiny for orchestrating the alleged deal, raising league-wide compliance questions.
17 Articles
17 Articles
New Report Shows Steve Ballmer Invested Additional $10 Million in Aspiration
Clippers owner Steve Ballmer invested an additional $10 million in Aspiration according to a new report by The Athletic. The funding comes after an earlier $50 million sum reportedly invested in the company.
Rockdale Citizen & Newton Citizen
Marietta Daily JournalReport: Clippers’ Steve Ballmer made second investment in Aspiration
Los Angeles Clippers owner Steve Ballmer has denied allegations of circumventing the NBA salary cap, but another report has surfaced that implicates Ballmer in a new manner.
Clippers’ Steve Ballmer made another $10M investment in company that allegedly gave Kawhi Leonard no-show deal
Clippers owner Steve Ballmer invested nearly $10 million into the company Aspiration in March 2023, which allegedly gave Kawhi Leonard the no-show deal, according to The Athletic.
Kevin Love Weighs In on Kawhi Leonard Controversy With a Hard-Hitting Take
Kevin Love couldn’t resist jumping into the Kawhi Leonard firestorm — and he did it with a WWE-style finishing move. The veteran forward recently took to Instagram with a reel that had NBA fans howling. Love used a clip from Ocean’s Thirteen, featuring Al Pacino and Don Cheadle, to poke fun at Leonard’s alleged “no-show” endorsement deal. His caption sealed the joke: “Kawhi pulling up on Clippers minority owners the minute his No-Show payment w…
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