The Los Angeles Clippers and Steve Ballmer proceed to achieve consideration for the staff’s relationship with Aspiration, an organization that reportedly paid Clippers star Kawhi Leonard $28 million for “no-show jobs.” On Thursday, reporter Pablo Torre, who has alleged the no-show funds look like a method for the Clippers to bypass the wage cap, dropped extra suspicious proof linking the three entities that forged doubt on Ballmer’s claims that he was duped by Aspiration.
Torre’s reporting as soon as once more goes in-depth on the state of affairs. He introduces new authorized contracts, speaks with nameless sources and even features a courtroom deposition from Aspiration’s co-founder. Whereas the complete video is price a watch to completely grasp these connections, two main themes stand out in Torre’s newest report.
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The primary of which entails the amount of cash despatched to Aspiration from the Clippers and Ballmer and the timing of these investments. Over the course of 18 months, Ballmer or the Clippers reportedly invested $118 million in Aspiration. Quite a few these funds got here with the corporate in an alarming or dire monetary state of affairs.
Lots of these funds additionally occurred shortly earlier than Leonard was set to obtain a fee from Aspiration. Torre laid out a few of the vital dates in his reporting:
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Sept. 14, 2021: Ballmer LLC invests $50M in Aspiration
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Sept. 27, 2021: Clippers announce take care of Aspiration
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April 1, 2022: Clippers ship $3M to Aspiration for carbon credit
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April 4, 2022: Clippers ship $32M to Aspiration for carbon credit
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April 4, 2022: Leonard indicators his $28M take care of Aspiration
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June 17, 2022: Clippers ship $21M to Aspiration for carbon credit
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July 6, 2022: Aspiration pays Leonard $1.75M
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Dec. 6, 2022: Clippers co-owner Dennis Wong invests $2M in Aspiration
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Dec. 15, 2022: Aspiration pays Leonard $1.75M
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March 9, 2023: Ballmer LLC invests $10M in Aspiration
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Late March 2023: Authorities begins to research Aspiration
The timeline paints an image through which the Clippers invested vital cash in Aspiration across the time Leonard both signed his deal or a fee was due. It additionally exhibits continued investments from Wong and Ballmer lengthy after Aspiration was in dire monetary hassle.
The second main theme that emerged from Torre’s reporting has to do with carbon credit. A carbon credit score is bought by an organization as a approach to offset carbon dioxide emissions. If an organization is fearful about its carbon footprint, it’d purchase carbon credit — which could then lead to one thing like new bushes being planted — as a approach to offset the corporate’s carbon footprint.
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Aspiration offered carbon credit at an up-charge. If planting a tree solely price 10-20 cents, Aspiration would cost $1, immediately creating revenue.
That is the place former Dallas Mavericks proprietor Mark Cuban entered the story. Cuban, who has been supportive of Ballmer on X, despatched out a tweet asking why Torre hasn’t regarded into the cash being invested by Ballmer and the Clippers into carbon credit.
As Cuban put it, if Ballmer and the Clippers have been seeking to circumvent the wage cap, they’d purchase carbon credit as a approach to immediately create revenue so Leonard could possibly be paid.
Torre’s reporting uncovered proof that appears to counsel that is precisely what occurred.
It is the third straight week through which Torre’s present has centered on the connection between the Clippers, Ballmer, Aspiration and Leonard. After Torre’s first episode dropped, the NBA introduced it could re-open its investigation into whether or not Leonard obtained impermissible advantages throughout his free-agent pursuit.
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The league initially regarded into that state of affairs in 2019, however discovered no wrongdoing.
Over the previous few weeks, Torre has continued to construct proof highlighting the suspicious actions of all events concerned. Thursday’s report paints an image that casts the Clippers and Ballmer in a worse gentle, however there’s nonetheless no smoking gun straight confirming the staff or Ballmer paid Aspiration so it may pay Leonard as a approach to circumvent the NBA wage cap.
When the NBA re-opened its investigation, commissioner Adam Silver urged the league would want overwhelming proof to situation punishments in opposition to the Clippers, Ballmer or Leonard.
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The Clippers’ and Ballmer’s actions, whereas suspicious, can nonetheless be defined away by the staff’s partnership with Aspiration. It is unclear if the connections made throughout Torre’s reporting will likely be sufficient to push the NBA into motion.