Kawhi Leonard reportedly had second questionable endorsement deal with scoreboard manufacturer

Kawhi Leonard reportedly had second questionable endorsement deal with scoreboard manufacturer

NBC Sports sports

Key Points:

  • The NBA's investigation into Kawhi Leonard's alleged "no-show" endorsement deal with Aspiration has been prolonged due to a report of a second questionable multi-million dollar endorsement deal with Daktronics, a South Dakota-based company.
  • Sources claim the Daktronics deal was a method to circumvent the NBA salary cap, with the Clippers allegedly "technically kind of funding it," though Daktronics denies any current deal with Leonard and has been contacted by the league.
  • The investigation, led by the law firm Wachtell, Lipton, Rosen & Katz, also involves Aspiration's founder Joe Sanberg, who was convicted of fraud; Clippers owner Steve Ballmer had invested $50 million in Aspiration before Leonard signed a $28 million endorsement deal with the company.
  • The Clippers and Ballmer deny any wrongdoing, stating they have cooperated fully with the investigation and claim they did not funnel money to Leonard through Aspiration, describing themselves as victims of Sanberg's fraud.
  • The NBA's collective bargaining agreement requires any findings and punishments from the investigation to be reviewed by an independent arbitrator, whose decisions can be appealed, but no timeline for the investigation’s conclusion has been provided.

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