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Kawhi Leonard

All articles tagged with #kawhi leonard

Kawhi Leonard and Clippers Deny Wrongdoing Amid NBA Investigation

Originally Published 3 months ago — by Defector

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Source: Defector

Kawhi Leonard addressed the media for the first time since reports emerged of a questionable endorsement deal involving millions of dollars and potential league violations, denying wrongdoing and dismissing the controversy as old news, while the NBA investigates the matter.

Clippers and Kawhi Leonard: Inside the Turmoil and Financial Controversies

Originally Published 3 months ago — by Hoops Rumors

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Source: Hoops Rumors

The Los Angeles Clippers purchased around $56 million in carbon credits from Aspiration, which may have been used to circumvent salary cap rules related to Kawhi Leonard's payments. The team claims these purchases were part of their environmental efforts, but an investigation into the financial dealings involving owner Steve Ballmer, Leonard, and Aspiration is ongoing, with potential implications for the team and players.

Clippers' Kawhi Leonard Era Under Scrutiny as Ballmer's Payments Come to Light

Originally Published 3 months ago — by Bleacher Report

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Source: Bleacher Report

The Los Angeles Clippers, led by Steve Ballmer, invested $118 million in Aspiration over 18 months, with some funds linked to Kawhi Leonard's endorsement deal and carbon offset projects. The organization denies any salary cap circumvention, and the NBA is investigating the matter.

Clippers' Kawhi Leonard Era Faces Uncertain Future Amidst Turmoil

Originally Published 3 months ago — by Dallas Hoops Journal

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Source: Dallas Hoops Journal

Several members of the Los Angeles Clippers are considering parting ways with Kawhi Leonard due to his injury history, difficult camp, and recent controversies involving financial misconduct. Leonard, a key player with a history of injuries and limited playoff appearances, is nearing free agency in 2027, and the team is reportedly unhappy with his impact and off-court issues.

Aspiration's Controversial Kawhi Leonard Deal Sparks NBA Debate

Originally Published 4 months ago — by Hoops Rumors

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Source: Hoops Rumors

Andrei Cherny, co-founder of Aspiration, clarifies that Kawhi Leonard's endorsement contract was not a 'no show' deal and contained extensive obligations, countering claims that Leonard did not perform work for the $28 million endorsement. The controversy involves allegations that the Clippers used a sponsor to funnel extra cash to Leonard to circumvent the salary cap, prompting an NBA investigation. Cherny blames the company's failure on co-founder Joe Sanberg's legal issues, while former executives criticize the endorsement deal as misaligned with Aspiration's strategy.

Clippers' Kawhi Leonard and Steve Ballmer's $20M Investment Sparks NBA Cap Talk

Originally Published 4 months ago — by Hoops Rumors

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Source: Hoops Rumors

Clippers owner Steve Ballmer made significant investments in the bankrupt company Aspiration, which also involved Kawhi Leonard in a controversial endorsement deal that may have circumvented NBA salary cap rules. The deal included a side stock agreement from Aspiration's co-founder, who recently pleaded guilty to fraud, raising questions about the legitimacy and transparency of Leonard's endorsement and compensation arrangements.

Steve Ballmer's Additional $10M Investment in Kawhi Leonard's Sponsor Raises Questions

Originally Published 4 months ago — by NBC Sports

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Source: NBC Sports

Steve Ballmer made a second $10 million investment into Aspiration, a failing company linked to Kawhi Leonard's endorsement deal, amid ongoing NBA investigations into potential salary cap circumvention and financial misconduct involving the Clippers and Leonard.

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

Originally Published 4 months ago — by New York Post

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Source: New York Post

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.

Kawhi Leonard Controversy Deepens Amid Clippers and NBA Scrutiny

Originally Published 4 months ago — by Blazer's Edge

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Source: Blazer's Edge

The controversy surrounding Kawhi Leonard and the Los Angeles Clippers deepens with allegations of potential salary cap circumvention involving a bankrupt endorsement firm, Aspiration, and suspicious financial transactions linked to Clippers ownership, prompting NBA scrutiny and possible penalties.