Steve Ballmer's $10M Investment and the Kawhi Leonard Endorsement Controversy

TL;DR Summary
Steve Ballmer invested nearly $10 million in Aspiration in March 2023 amid an NBA investigation into a no-show endorsement deal allegedly given to Kawhi Leonard, which Aspiration is accused of using to circumvent salary cap rules. The investment followed previous large investments by Ballmer and other Clippers officials, with the league seeking to determine if any impropriety occurred. Ballmer claims he was duped by Aspiration, whose co-founder pleaded guilty to fraud.
- Clippers’ Steve Ballmer made another $10M investment in company that allegedly gave Kawhi Leonard no-show deal New York Post
- Report links Kawhi's late pay to Clippers partner ESPN
- Clippers owner Steve Ballmer invested additional $10M in company sponsoring Kawhi Leonard The New York Times
- BSJ Exclusive: Kawhi Leonard endorsement deal that triggered NBA investigation was actually worth $48 million Boston Sports Journal
- Adam Silver says the onus is on the league rather than the Clippers to prove wrongdoing in L'Affaire Kawhi Leonard Marc Stein | Substack
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