Clippers Face NBA Probe Over Kawhi Leonard's Potential Endorsement Deal
The NBA's investigation into the Los Angeles Clippers, led by Wachtell, Lipton, Rosen & Katz since September, has caused internal disruption. The probe centres on possible salary cap circumvention involving Kawhi Leonard. Meanwhile, the team prepares for a new arena and continues to build around Leonard.
The Clippers' defense in the NBA probe revolves around Kawhi Leonard's association with Aspiration, a financial firm with ties to owner Steve Ballmer. A potential $50 million endorsement deal between Leonard and the firm is under scrutiny. However, the team maintains they were not involved in any such deal and have respected the salary cap throughout Leonard's tenure.
The investigation comes as the Clippers ready themselves for the Intuit Dome, their new arena. Despite the probe, the team continues to build around Leonard as their franchise centrepiece. Ballmer and the front office believe they will not face penalties, trusting in their conduct during Leonard's recruitment and beyond.
The NBA's investigation into the Los Angeles Clippers continues, focusing on Kawhi Leonard's potential endorsement deal with Aspiration. The team maintains their innocence, preparing for a new arena and a future with Leonard at the helm. Meanwhile, Joe Sanberg, co-founder of Aspiration, has agreed to plead guilty to two counts of wire fraud in a related Justice Department case.
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