"The investigation, led by the law firm Wachtell, Lipton, Rosen & Katz, began in September 2025 and centers on allegations that Clippers owner Steve Ballmer and the team orchestrated a $28 million endorsement deal between Leonard and Aspiration, a now-bankrupt green banking company in which Ballmer had invested, to circumvent the league's salary cap."
"An unnamed employee who purportedly worked for the banking company told Torre that Leonard's sponsorship deal 'was to circumvent the salary cap.'"
The NBA's investigation into the LA Clippers centers on allegations that owner Steve Ballmer orchestrated a $28 million endorsement deal for Kawhi Leonard with Aspiration to bypass the salary cap. The investigation, led by Wachtell, Lipton, Rosen & Katz, began in September 2025 following reports of Ballmer's $50 million investment in Aspiration. Despite Ballmer's claims of ignorance regarding the deal, sources indicate that interviews with Clippers officials are ongoing as the investigation unfolds.
Read at ESPN.com
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