Adam Silver says that the investigations “will arrive at the bottom” to the approval agreement of Kawhi Leonard

The NBA survey on the approval agreement of Kawhi Leonard with the aspiration of the sponsor of the now failed team, that a bomb Pablo Torre’s investigation discovers the podcast Called a “no-show” agreement designed to be a circulation of the wage cap-it is now underway. Most likely it will take months, perhaps until 2026, before having the results and any potential consequences for the clipper and the owner Steve Ballmer.

This did not prevent everyone who in the whole League from talking about the case.

The NBA Adam Silver commissioner, who appears on Tuesday at the Axs Drive event of the Sports Business Journal in Los Angeles, said that the League will arrive at the bottom of what is happening.

Silver continues to seem a cautious lawyer in dealing with this scandle, but he added that the NBA may have to reconsider his rules on the investments of the players and the owner and team sponsors.

“When ends, we will take a new look at our rules in terms of companies where players are investing and owners”.

Ballmer continues to express his innocence and said that Silver was found at the same event (they did not speak at the same time). Here are the salient points of the comments of the owners of Clippers, through the sports diary of sports affairs.

“This is not a funny thing to cross. I have been personally blurred through our interactions with the company and a little of the staff … but the important thing is that our relationship with the company and the relationship of our player with the club were independent, which is important according to the rules of the NBA. I feel quite confident in this, that we attenuated. [by] The rules. So, I welcome the investigations that the NBA is doing. It is a great way, from our point of view, to get the facts out there …

“It is much more fun to be highlighted for the construction of a large arena. But this will also pass. And as I said, I feel very well with what we have done, and we welcome the NBA to take a look and we hope to agree with us.”

The foundations of the case, as we know them, extend this way: in September 2021, Ballmer made an investment of $ 50 million in the aspiration, a “green bank” company whose model was to plant trees to build carbon credits, which in turn will sell to companies that needed it. Not long after, Kawhi Leonard accepted an extension of the four -year -old contract with the Clippers. According to reports, the aspiration has become a sponsor of Clippers in an agreement for about $ 300 million. The company also reached an approval agreement with Leonard, originally for $ 28 million, but later 20 million dollars were added to the agreement (that the shares are now useless), bringing the approval agreement of Leonard to $ 48 million in total.

The worrying point for Leonard and Clipper is that he did not seem to work for this approval money, which is why he was described as a “no-show” job. There is no evidence that has done any marketing work or other promotional works for the company, nor has it even published on social media on the company. While the former company of the company said that the contract had work requirements, none of these works are evident. This has a smell of fish.

Two other things seem difficult to explain. In December 2022, the aspiration was struggling to make the payroll and remain in business. They were under investigation and were also late with a payment of $ 1.75 million due to Leonard. It was then that Dennis Wong, owner of the Clippers minority, made an investment of $ 2 million in the company and nine days later Leonard was paid. So, in March 2023, Ballmer intervened and made another investment of $ 10 million in aspiration, seeming to launch good money after bad.

Silver previously said that the burden of test is on the NBA, the organization that accuses, not on clipper (although many people throughout the League think that the tsunami of the circumstantial tests against the clippers moves at least a little of the burden on them). Ballmer has constantly and vehemently denied any illicit or clipper alone, saying that there is a separation between the team’s agreement with the aspiration and the company’s approval agreement with Leonard.

For now, everyone is waiting for the investigations of the League (carried out by an external law firm). This did not prevent everyone from talking about what will happen later.