Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Business
Joshua Hong

Clippers fined $30 million as owner Steve Ballmer is suspended for a year following NBA investigation on behind-the-curtain deal

LA Clippers owner Steve Ballmer sits on the sideline before an NBA basketball game against the San Antonio Spurs at Intuit Dome. (Credit: Eric Thayer / Los Angeles Times via Getty Images)

The NBA announced on Wednesday that the league would impose sweeping punishments on the LA Clippers and Kawhi Leonard following its investigation into allegations of third-party off-the-court income opportunities given to Leonard. The league found the NBA star and the team had violated the Collective Bargaining Agreement—and “a pattern of misconduct and multiple significant rules violations.”

The investigation was initially conducted from Leonard’s reported $28 million endorsement deal given by Aspiration, a now-bankrupt environmental company and former Clippers sponsor.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.