Pablo Torre conducted an investigation into allegations that the Clippers bypassed the salary cap by securing multi-million dollar, no-show promotional deals for Kawhi Leonard with companies such as Aspiration and Daktronics.
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Investigation into Clippers' Alleged Salary Cap Circumvention Involving Kawhi Leonard
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1An ongoing NBA investigation focuses on whether the LA Clippers bypassed salary cap rules by funneling hidden compensation to Kawhi Leonard through no-show endorsement deals with companies like Aspiration and Daktronics.
2Aspiration, a California-based environmental fintech company, reportedly paid Leonard a $28 million, four-year endorsement deal requiring minimal work; the company later went bankrupt amidst fraud charges against its co-founder, Joseph Sanberg.
3The Clippers deny wrongdoing, asserting they did not funnel money to Leonard through Aspiration and are prepared to contest any allegations, including potential arbitration if necessary.
4The investigation has delayed a significant trade sending Leonard to the Toronto Raptors, as the NBA review remains unresolved and the league’s outside counsel has not completed its findings.
5Kawhi Leonard was also revealed to be an undisclosed minority investor in Rhode Island FC, a USL Championship soccer team, adding complexity to the broader scrutiny of his financial dealings.
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