Balmer really just luh the game.
Dropped a small African countrys GDP on this embarrassment.
Sorry as team
Time to fire Ty Lue.
Def need to trade away Kawhi, Harden, Norm and get rid of most of the old guys.
Team needs to restart
Source: athlonsports.com/nba/los-angeles-clippers/kawhi-leonard-linked-to-stunning-clippers-fraud-scandal
Per Torre’s research, Leonard got a $28 million endorsement deal with Aspiration, a company that vowed to plant trees and supply carbon credits to offset the pollution and emissions of their clients.
Their list of endorsers included plenty of Class-A celebrities, such as Leonardo DiCaprio. Leonard, however, didn’t share a single post or comment about his endorsement.
That’s all the more suspicious when people realize that Clippers owner Steve Ballmer invested $50 million of his own money in the company:
“A former Aspiration employee, who worked in the company’s finance department and requested anonymity due to multiple federal investigations into the company, recalled to Torre: “We went through a litany of really, really top-tier name contracts. And then, ‘Oh, by the way, we also have a marketing deal with Kawhi Leonard’ — and that if I had any questions about it, essentially don’t, because it was to circumvent the salary cap,” Torre reported.
To make it even more strange, the company had the right to terminate the deal if Leonard was no longer employed by the Clippers. Conversely, the two-time NBA champion could simply choose not to distribute any content endorsing the company:
“The exclusive right to control and approve all content and distribution.” And it gave Aspiration the right to terminate the contract “if Leonard is no longer an employee of the Clippers for any reason.”
The Clippers had partnered with Aspiration in 2021 to build Intuit Dome as “the most sustainable arena in the world.” Fast forward to today, and his co-founder pleaded guilty to defrauding investors of roughly $250 million
The current CBA’s section on penalties for cap space circumvention: $4.5M fine for first offense and forfeiture of one first-round draft pick, $5.5M fine for second offense, the possibility of voiding contracts that involved circumvention.
Page 342.
NBA penalties for cap circumvention:
Fine of up to $4.5 million for a first offense.
Fine of up to $5.5 million for a second offense.
Loss of one first-round pick.
The possibility of voiding contracts that are involved in the circumvention.
The Oklahoma City Thunder will receive a 2026 lottery pick from the Los Angeles Clippers. The pick is currently in the #12 spot with a 7.1% chance to move into the top 4.
If the Warriors beat the Suns, the pick could move up to #11 and a 9.4% chance to move up.
reddit.com/r/nba/comments/1w5psnz/the_full_nba_resolution_about_the_los_angeles
reddit.com/r/nba/comments/1w5ozju/russo_the_los_angeles_clippers_have_said_that_the
reddit.com/r/nba/comments/1w6aso3/the_wachtell_report_states_clippers_gm_lawrence
reddit.com/r/nba/comments/1w6699t/the_wlrk_report_makes_it_clear_why_silver_laid
reddit.com/r/nba/comments/1w6gepd/according_to_the_full_wlrk_report_the_clippers
reddit.com/r/nba/comments/1w68xnn/hollinger_the_clippers_have_stuck_to_their_story
reddit.com/r/nba/comments/1w6881r/as_a_lawyer_i_just_want_to_tip_my_hat_to_the
reddit.com/r/nba/comments/1wg6kl5/in_june_2019_kawhi_signed_a_nowork_endorsement