Adam Silver Vows Uncovering Shocking Truth Behind Kawhi Leonard Endorsement Deal
“It’s a whole lot more fun to be highlighted for building a great arena. But this too shall pass. And like I said, I feel very good about what we did, and we welcome the NBA taking a look at it and hopefully agreeing with us.”
The basics of the case, as we know them, lay out like this: In September of 2021, Ballmer made a $50 million investment in Aspiration, a “green bank” company whose model was to plant trees to build up carbon credits, which it would in turn sell to companies that needed them. Not long after, Kawhi Leonard agreed to a four-year, $178 million max contract extension with the Clippers. Aspiration went on to become a Clippers’ sponsor in a deal reportedly worth around $300 million. The company also reached an endorsement deal with Leonard, originally for $28 million, but later another $20 million in stock was added to the agreement (that stock is now worthless), bringing Leonard’s endorsement deal to $48 million total.
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