Overview

• At Clippers media day, Leonard said the allegations will not distract the team and asserted, “None of us did any wrongdoing.”
• He maintained he understood the contract with Aspiration and performed required services, disputing claims it was a no‑show arrangement.
• Leonard noted Aspiration’s bankruptcy left him unpaid, with court filings indicating roughly $7 million owed to him.
• The NBA’s independent probe, assisted by Wachtell, Lipton, Rosen & Katz, remains active with no public findings announced.
• Reporting under review includes a $2 million investment by a Clippers minority owner followed days later by a $1.75 million Aspiration payment to Leonard, as well as Ballmer and Dennis J. Wong’s investments in the company, which the team denies constituted cap circumvention.