NBA’s Hidden Deal: Why the Aspiration-Clippers Sponsorship Could Shake the League’s Future
The NBA “vetted and approved” the $300 million sponsorship deal between Aspiration and the Los Angeles Clippers more than eight months before the company struck a separate endorsement agreement with Kawhi Leonard. The NBA is now investigating the latter agreement under claims of salary cap circumvention.
The latest reporting on the case comes via Baxter Holmes and Bobby Marks at ESPN and dives into the initial sponsorship deal between the Clippers and Aspiration, a “green bank” company that team owner Steve Ballmer invested $50 million in around the same time. From the report:
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