Clippers Allegedly Initiated Kawhi Leonard Contract, Says Aspiration Exec
Recent developments have surfaced concerning Kawhi Leonard’s contract and his association with the now-bankrupt company Aspiration. This situation centers on claims made by a senior executive at Aspiration, revealing that the Los Angeles Clippers approached the firm about a contract involving Leonard.
Clippers’ Alleged Approach and Contract Details
According to Robert O’Connell and Harriet Ryan from the Wall Street Journal, Aspiration’s co-founder Joe Sanberg indicated that the Clippers initiated discussions regarding a significant deal with Leonard. This endorsement reportedly includes a $28 million contract, which Leonard signed after securing a maximum extension with the Clippers worth $176.3 million.
NBA Investigation
In light of these revelations, the NBA has opened an investigation into the possibility that the Clippers violated salary cap regulations by facilitating this endorsement arrangement. This investigation raises serious questions about the legality of the financial dealings between the team and Aspiration.
Owner’s Response
Steve Ballmer, the owner of the Clippers, has firmly denied any wrongdoing related to these alleged actions. He expressed his frustration during an interview with ESPN’s Ramona Shelburne, stating, “These were guys who committed fraud. Look, they conned me.” Ballmer conveyed that he had invested in Aspiration under the assumption of integrity, only to find himself misled.
Implications for Kawhi Leonard
Kawhi Leonard currently has two years remaining on his contract with the Clippers, and he is expected to earn $50 million this season, as reported by Spotrac. If the NBA concludes that the Clippers did indeed circumvent salary cap rules, both the franchise and Leonard may face significant penalties.
Conclusion
The ongoing situation implicates the Clippers in a serious investigation, raising concerns about the integrity of their financial dealings. As these events unfold, both the team and Kawhi Leonard’s futures could be significantly affected.