
LA Clippers fined $30m over Leonard pay scandal
The LA Clippers are fined $30m by the NBA for violating salary rules in order to funnel millions of dollars to star player Kawhi Leonard.
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LA Clippers fined $30m over Leonard pay scandal
The LA Clippers are fined $30m by the NBA for violating salary rules in order to funnel millions of dollars to star player Kawhi Leonard.
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Source context: The LA Clippers are fined $30m by the NBA for violating salary rules in order to funnel millions of dollars to star player Kawhi Leonard.
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1 publisher
The league is awash with ultra-wealthy owners. Adam Silver is hoping a hefty punishment for the Clippers will send them a message about who is in chargeWhen Steve Ballmer bought the Los Angeles Clippers for $2bn in 2014, it was widely regarded as a coup for the NBA.Not only is Ballmer one of the richest men in the world – worth an estimated $152.7bn – but…
2 publishers
The LA Clippers are fined $30m by the NBA for violating salary rules in order to funnel millions of dollars to star player Kawhi Leonard.
The federal government and the NBA are investigating video display and scoreboard manufacturer Daktronics in connection with a scandal involving the Los Angeles Clippers in which the club allegedly circumvented the league’s salary cap to sign star player Kawhi Leonard. During Daktronics’s first-quarter earnings call, chief financial officer Howard Atkins…
1 publisher
The NBA suspends Steve Ballmer, fines the Clippers $30 million and takes five first-round picks in a salary cap circumvention case.