Overview
- New York law firm Wachtell, Lipton, Rosen & Katz is leading the investigation, with investigators seeking documents, emails and phone records tied to the Clippers, Kawhi Leonard and Aspiration.
- Adam Silver said team sponsors also signing players is not inherently conflicted, added the NBA will not change rules mid-investigation and noted he had not previously heard of Aspiration.
- Clippers sources cite turning down an Aspiration naming-rights offer reportedly nearly twice Intuit’s $550 million deal as evidence against coordinated wrongdoing, while Steve Ballmer says he was misled by the company.
- Reporting alleges Leonard had a four-year, $28 million Aspiration endorsement with minimal deliverables and a clause voiding the agreement if he left the Clippers, with separate reports of additional stock compensation.
- A Toronto Star report says Leonard’s camp sought roughly $10 million per year in off-court sponsorship money in 2019 without doing promotional work, requests the Raptors say they rejected.