Steve Ballmer Backs Down on NBA Punishment, Apologizes as Clippers Accept $30 Million Fine
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.
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63 Articles
Steve Ballmer backs down on NBA punishment, apologizes as Clippers accept $30 million fine - Regional Media News
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 investigation." In his first public comments since the [...]
Steve Ballmer apologizes, says Clippers will pay $30 million fine after NBA's salary cap investigation
Los Angeles Clippers owner Steve Ballmer officially broke his silence on the 1-year ban he received and the punishment dealt to the franchise after an investigation found that they violated the NBA's salary cap rules revolving around star player Kawhi Leonard.
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Clippers owner Steve Ballmer to comply with NBA penalties for salary-cap violations
Los Angeles Clippers owner Steve Ballmer announced on Sunday night that he accepts the NBA's punishment of the franchise for salary-cap circumvention, including his one-year suspension, and has "sincere regrets."The NBA fined the Clippers $30 million a...
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