US EditionReport Links Kawhi Leonard Pay From Aspiration to Clippers’ Minority Owner
The NBA is conducting a thorough investigation into allegations of salary cap circumvention involving the Clippers' $28 million endorsement deal with bankrupt Aspiration, potentially risking severe penalties.
- On September 10 in New York, Adam Silver spoke about the league’s investigation into Kawhi Leonard and the Clippers concerning a $28 million endorsement deal.
- The investigation follows reports that the Clippers may have circumvented salary cap rules via a now-bankrupt company, Aspiration, which signed Leonard to a no-show contract.
- Silver stated he was unaware of Aspiration or the endorsement deal before a podcast exposed the matter, and the NBA retained law firm Wachtell Lipton to conduct an independent inquiry.
- Silver emphasized due process, urging owners to withhold judgment while confirming the league’s broad disciplinary powers including fines up to $7.5 million and draft pick forfeitures.
- The Clippers denied any wrongdoing and welcomed the investigation, while the probe’s outcome could lead to significant penalties or sanctions depending on findings.
37 Articles
37 Articles
New evidence emerges in Kawhi Leonard salary cap circumvention case (report)
The biggest story of the NBA offseason this month has been the uncovering of Kawhi Leonard’s alleged no-show job for a company called Aspiration that has now gone bankrupt. The Clippers have publicly denied having any knowledge of the endorsement deal that has led to accusations of cap circumvention and now an NBA investigation. On Thursday, Pablo Torre, who had the initial report about the Leonard deal last week, has new details about payments …
NBA Commissioner Adam Silver Sets Table To Let LA Clippers Off Easy For Kawhi Leonard Scandal
NBA commissioner Adam Silver If you’re an NBA fan hoping to see the Los Angeles Clippers severely punished for their alleged circumvention of the salary cap, you might want to temper your expectations. NBA commissioner Adam Silver addressed the league’s ongoing investigation into the Clippers, star player Kawhi Leonard, and team owner Steve Ballmer, for the first time on Wednesday. Ballmer stands accused of funnelling money to a shell company in…
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