Story perspectives

NBA Probes Clippers' $28M Endorsement Deal Amid Scandal

10/23/2025

Summary

Story summary

The NBA is investigating whether the Los Angeles Clippers arranged a $28 million no-show endorsement deal with Aspiration to evade salary cap rules.
Aspiration is bankrupt.
Joe Sanberg, co-founder of Aspiration, pleaded guilty to wire fraud.
Kawhi Leonard of the Los Angeles Clippers denies wrongdoing, saying he fulfilled contractual obligations.
NBA Commissioner Adam Silver emphasized the need for a thorough investigation, noting the high stakes.

History

Historical Context

The NBA reinstated a salary cap in the 1984–85 season to promote competitive balance among teams, limiting total payroll to $4.6 million. Subsequent collective bargaining agreements adjusted the cap based on basketball-related income. The Clippers' $28 million no-show endorsement deal with Aspiration, amid scrutiny over financial integrity, underscores ongoing challenges in maintaining accountability within the league, as emphasized by Commissioner Adam Silver.

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Story summary

The NBA is investigating whether the Los Angeles Clippers arranged a $28 million no-show endorsement deal with Aspiration to evade salary cap rules.
Aspiration is bankrupt.
Joe Sanberg, co-founder of Aspiration, pleaded guilty to wire fraud.
Kawhi Leonard of the Los Angeles Clippers denies wrongdoing, saying he fulfilled contractual obligations.
NBA Commissioner Adam Silver emphasized the need for a thorough investigation, noting the high stakes.

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