Front Row Seat: More bad news for Kawhi & the Clippers
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Darren Smith
Kawhi Leonard / Clippers
Clippers co-owner Dennis Wong reportedly invested $1.99 million in a failing Aspiration days before Kawhi Leonard payment - Yahoo Sports
Torre, who broke the original story, once again uncovered legal documents that show Wong — Ballmer's former college roommate — invested $1.99 million in Aspiration through a company called DEA 88 Investments just nine days before Leonard received a $1.75 million payment from the company.
The investment from Wong came while Aspiration was in the midst of serious cash-flow troubles and was already late on one quarterly payment to Leonard. Torre spoke with two former members of Aspiration who detailed the company's financial struggles at the time of Wong's investment. Torre's first source claimed Aspiration was "broke" at the time Wong made the investment in December 2022.
Adam Silver comments on potential punishments for Clippers, Kawhi Leonard: 'My powers are very broad' - CBS Sports
In his first public comments about the Los Angeles Clippers' alleged salary-cap circumvention involving star forward Kawhi Leonard and so-called "green bank" Aspiration, NBA commissioner Adam Silver said Wednesday that he and the league must "let the investigation run its course." He also said that, if the investigation finds that cap circumvention did occur, he would have the ability to impose significant punishments.
"My powers are very broad," Silver said. "I have a full range of financial penalties, drat picks, suspensions, et cetera. I have very broad powers in these situations.
