Kawhi Leonard's Clippers contract under NBA investigation over alleged salary cap circumvention
The NBA probes a $28 million endorsement deal involving Kawhi Leonard and Clippers owner Steve Ballmer, with allegations of salary cap circumvention amid Aspiration's bankruptcy and fraud charges.
- The NBA launched an investigation on Wednesday into the Los Angeles Clippers over allegations they circumvented the salary cap with a $28 million endorsement deal for Kawhi Leonard linked to an Aspiration investment.
- This scrutiny follows Aspiration's March 2025 bankruptcy and co-founder Joe Sanberg's August guilty plea for defrauding investors of more than $248 million, raising questions about Aspiration's financial dealings.
- Clippers owner Steve Ballmer denied knowledge of the Leonard-Aspiration deal, stated he was duped by Aspiration's founders, and welcomed the NBA's probe while asserting the team did not engage in misconduct.
- Reports indicate Leonard was to receive $28 million from Aspiration over four years, with an additional secret $20 million stock deal, totaling $48 million, despite no evidence Leonard promoted Aspiration publicly.
- If found guilty, Leonard and the Clippers could face penalties including fines, voided contracts, suspension, and loss of future draft picks, while Ballmer called for serious league investigations into similar cases.
13 Articles
13 Articles
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