Overview
- Pablo Torre published bankruptcy and contract records showing Aspiration agreed to pay KL2 Aspire LLC, listing Kawhi Leonard as manager, $28 million from 2022 to 2025 at $7 million per year.
- Reuters and other outlets report there is no public evidence Leonard promoted Aspiration, and contract language allowed him to decline requested actions, with payments reportedly tied to him being a Clipper.
- Documents from Aspiration’s March filing list KL2 Aspire LLC as a creditor owed $7 million, and Torre reported payments were routed to Leonard’s advisor, Dennis Robertson.
- Clippers owner Steve Ballmer previously invested about $50 million in Aspiration; the team issued a statement denying any salary-cap circumvention and said its relationship with the company ended in 2022–23 after a default.
- NBA spokesman Mike Bass said the league is commencing an investigation, with potential CBA penalties for proven cap circumvention including fines, loss of draft picks and voiding of transactions.