Theme:
Light Dark Auto
GeneralTop StoriesPoliticsBusinessEconomyTechnologyInternationalEnvironmentScienceSportsHealthEducationEntertainmentLifestyleCultureCrime & LawTravel & TourismFood & RecipesFact CheckReligion
BUSINESS
Neutral Sentiment

Clippers owner Steve Ballmer invested additional $10M in company sponsoring Kawhi Leonard

An NBA investigation is underway into whether LA Clippers owner Steve Ballmer used Aspiration, a financial tech company, to circumvent the salary cap regarding Kawhi Leonard's contract. Ballmer invested nearly $10 million in Aspiration, which was struggling financially and had previously paid Leonard $1.75 million. The investigation centers on whether Leonard's Aspiration deal was a disguised salary increase. Ballmer denies wrongdoing, while Aspiration's co-founder pleaded guilty to fraud charges. The NBA commissioner will determine if any rules were broken.

Prepared by Christopher Adams and reviewed by editorial team.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET