Billionaire Clippers Owner Steve Ballmer Apologizes For Salary Cap Scandal—Will Comply With NBA Ban
Ballmer apologized to fans and said the team has paid the $30 million fine while moving past the salary-cap investigation.
- Los Angeles Clippers governor Steve Ballmer announced on Sunday the Team will comply with NBA penalties, abandoning his legal challenge to the league's salary cap circumvention findings.
- An NBA investigation by law firm Wachtell, Lipton, Rosen & Katz found the Team helped Kawhi Leonard secure a $28 million no-show contract with Aspiration, which previously sponsored the team.
- The league imposed a $30 million fine and yearlong suspension for Ballmer, suspended team president Gillian Zucker for one year without pay, and stripped the Team of five first-round picks.
- Commissioner Adam Silver will address the situation at the NBA Board of Governors meeting in New York on Monday and Tuesday, marking the league's first official comments on the penalties.
- The Team must now appoint interim leadership and execute a trade sending Leonard to the Toronto Raptors for Brandon Ingram and Gradey Dick to restructure the roster.
26 Articles
26 Articles
Steve Ballmer backs down on NBA punishment, apologizes as Clippers acc
INGLEWOOD, Calif. (AP) — Los Angeles Clippers owner Steve Ballmer won’t fight the NBA’s salary cap circumvention punishment in a reversal of the team’s initial defiance and vow to fight against what it called “a heavily biased
Steve Ballmer Apologizes, Pays $30M NBA Fine, But Does Not Admit Guilt
Steve Ballmer seems to have gotten to the acceptance stage of grief. Less than two weeks after — his word — “vehemently” denying the results of a year-long NBA investigation that found the Clippers had circumvented the salary cap and paid superstar Kawhi Leonard millions through no-show deals with sponsors, the team’s billionaire owner posted […]
Clippers' Steve Ballmer Breaks Silence Regarding Kawhi Leonard Scandal
It’s been a couple of weeks since a severe punishment was handed down to the Los Angeles Clippers for their salary cap circumvention scandal involving star forward Kawhi Leonard. The punishment included the loss of multiple first-round draft picks, a hefty fine and a one-year suspension for owner Steve Ballmer, who we hadn’t heard from […]
Steve Ballmer Accepts NBA Punishment Over Kawhi Leonard Scandal As He Makes Promise to Clippers Fans
Los Angeles Clippers owner Steve Ballmer has decided to comply with the NBA’s historic penalties stemming from the league’s salary-cap circumvention investigation involving Kawhi Leonard. Over a week after an open letter to Commissioner Adam Silver, he is dropping all plans to pursue legal action against the league. After reports suggested the franchise was considering […]
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