US EditionLeonard Says 'No Wrongdoing' in Clippers Phony Job Probe
The NBA probe focuses on whether the Clippers bypassed salary cap rules by funneling $28 million to Kawhi Leonard through an endorsement deal linked to owner Steve Ballmer.
- Earlier this month the NBA launched an investigation into the Los Angeles Clippers over alleged salary-cap circumvention, hiring a top-rated third-party law firm to probe potential extra payments to Kawhi Leonard.
- Ballmer's investments in Aspiration included a $50-million December 2021 investment, drawing scrutiny amid documents obtained by Pablo Torre.
- Bankruptcy documents show Aspiration paid Leonard $21 million and still owes $7 million, and contract records indicate Leonard signed a $28-million endorsement deal described as a 'no-show' by former executives.
- If the league finds wrongdoing, the NBA could suspend Steve Ballmer for one year and dock Los Angeles Clippers' first-round draft picks for five years, while the $7.5 million maximum fine is small compared with Ballmer's $171 billion net worth.
- On Monday at media day, Kawhi Leonard dismissed the allegations, saying `I understand the full contract and the services I had to do`, while Clippers officials said they 'welcomed' the NBA investigation.
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33 Articles
Rockdale Citizen & Newton Citizen
Marietta Daily JournalKawhi Leonard claims reports of Clippers’ no-show job not ‘accurate’
Kawhi Leonard said the allegation that he signed up for a no-show job with a now-bankrupt company to help the Los Angeles Clippers circumvent the salary cap is nothing but a conspiracy theory.
InsideNoVA.com
Leonard says 'no wrongdoing' in Clippers phony job probe
Kawhi Leonard insisted he and the Los Angeles Clippers were innocent of wrongdoing following allegations the club was involved in a scheme to dodge salary cap rules, triggering an NBA investigation.
With The Clippers Holding Their Media Day Today, Pablo Torre Dropped Even More Incriminating Evidence Around Steve Ballmer And The Kawhi Leonard Scandal
Leon Bennett. Getty Images.In the event you may have thought Pablo Torre was done dropping new and incriminating evidence around Steve Ballmer/the Clippers and the Kawhi Leonard scandal, I have some ...
Los Angeles Times
The News-GazetteInside the NBA investigation into Steve Ballmer's Clippers
The NBA is in the midst of a high-stakes investigation of the Clippers over allegations of violating the salary cap. Here is what it could mean to the team and its owner Steve Ballmer.
Pablo Torre Drops New Bombshell Before Clippers Media Day
There will be plenty of questions about Kawhi Leonard, Aspiration and Steve Ballmer during the Los Angeles Clippers media day. And, like the Grinch himself, NBA journalist Pablo Torre just dropped another bombshell to make things extra spicy. In Part Five of his investigation into possible cap circumvention, Torre reveals that the Clippers owner donated money to Aspiration founder Joe Sanberg after knowing the company was under investigation. Pa…
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