Internal emails revealed Aspiration executives expressed concerns about Kawhi Leonard's endorsement contract, which required minimal promotional work while allowing the Clippers star significant control over his obligations, according to documents obtained by The Athletic. The deal specified Leonard would participate in one eight-hour production day, one four-hour PR session, … [Read more...] about Former Aspiration CEO Defends Kawhi Leonard Deal Structure
Steve Ballmer Invested Another $10M In Aspiration In March 2023
Steve Ballmer invested nearly $10 million into Aspiration in March 2023, which followed his initial $50 million investment 18 months earlier, according to legal filings reviewed by The Athletic and corroborated by a former executive with the company. Ballmer's $10 million investment came as Aspiration was quickly losing cash, laying off employees and struggling to raise funds. … [Read more...] about Steve Ballmer Invested Another $10M In Aspiration In March 2023
Kawhi Leonard’s Camp Asked Lakers For Endorsement Promise Without No-Show Clause
Dennis Robertson, uncle of Kawhi Leonard, did not request a no-show endorsement deal with the Los Angeles Lakers during their 2019 free agency discussions, sources tell Sam Amick of The Athletic. However, Robertson did ask for a specific amount of off-court endorsement compensation that could be promised in advance of Leonard signing with the Lakers. According to a report from … [Read more...] about Kawhi Leonard’s Camp Asked Lakers For Endorsement Promise Without No-Show Clause
Adam Silver Asked Owners To ‘Withhold Judgment’ On Clippers Until Investigation Wraps
After Wednesday's NBA Board of Governors meeting, Adam Silver was asked to characterize the feedback he has received from other owners in response to allegations that the Los Angeles Clippers may have circumvented the salary cap with Kawhi Leonard's $28 million endorsement deal with Aspiration. Silver suggested that he limited the discussion of the topic amongst the governors … [Read more...] about Adam Silver Asked Owners To ‘Withhold Judgment’ On Clippers Until Investigation Wraps
Lakers More Open To Taking On Contracts Beyond 2026 Since Luka Doncic Signed Extension
The Los Angeles Lakers have become more open to scenarios where they take on money beyond the 2025-26 season since Luka Doncic signed his three-year, $165 million extension in August, sources tell The Athletic. The Lakers approached the 2025 offseason with a priority of maintaining cap flexibility for future seasons. The Lakers have interest in upgrading the wing with Andrew … [Read more...] about Lakers More Open To Taking On Contracts Beyond 2026 Since Luka Doncic Signed Extension