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Leonard Denies Aspiration Allegations as NBA Inquiry Into Clippers Press Strategy and Payments Widens

Wachtell is scrutinizing Aspiration bankruptcy records, with potential cap‑circumvention penalties at stake.

Overview

  • At media day, Kawhi Leonard said there was no wrongdoing, described outside reporting as conspiracies, and said he welcomes the league’s investigation.
  • Reporters including ESPN’s Ramona Shelburne say Clippers PR cut off further Aspiration questions and limited others from following up during Leonard’s session.
  • The NBA retained Wachtell, Lipton, Rosen & Katz to run the probe, which team executives describe as disruptive as they express confidence the franchise will be cleared.
  • The allegations focus on a 2022 Aspiration endorsement commonly reported as four years and $28 million plus stock with minimal deliverables that could constitute an off‑book benefit.
  • Court filings show Aspiration owes Leonard about $7 million and co‑founder Joe Sanberg has pleaded guilty to wire fraud, facts Leonard cites to question the reliability of the company’s records.