#nba-salary-cap

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#steve-ballmer #kawhi-leonard #aspiration-bankruptcy #miami-heat #brooklyn-nets #kawhi-leonard-endorsement
#brooklyn-nets
fromNew York Daily News
2 years ago
Brooklyn

Repeater tax looms large as Nets look to finish building out roster for new season

Brooklyn must limit roster additions (likely under $10M annually) to avoid heavy repeater luxury-tax penalties given $155.4M guaranteed and repeat-offender status.
fromNew York Daily News
4 months ago
Brooklyn Nets

Nets acquire Kobe Bufkin from Hawks, sign David Muoka: report

The Brooklyn Nets acquired guard Kobe Bufkin from the Atlanta Hawks for cash considerations and signed center David Muoka to a non-guaranteed contract.
more#brooklyn-nets
Golden State Warriors
fromwww.mercurynews.com
1 month ago

Why timing is right for Seth Curry, Steph's younger brother, to rejoin Warriors

Seth Curry will rejoin the Warriors on a veteran minimum contract, strengthening Golden State's shooting while allowing the team to remain under the second apron.
US news
fromLos Angeles Times
2 months ago

Clippers owner Steve Ballmer sued for fraud by Aspiration investors over Kawhi Leonard allegations

Steve Ballmer is sued by 11 former Aspiration investors alleging he used Aspiration/Catona to secretly pay Kawhi Leonard and circumvent the NBA salary cap.
Business
fromLos Angeles Times
3 months ago

Drake, DiCaprio, the Clippers backed this 'green' L.A. firm. It crumbled amid fraud claims

Aspiration Partners collapsed amid fraud allegations, bankruptcy, celebrity investors, and an NBA probe into a $28-million deal linked to Kawhi Leonard and the Clippers.
#kawhi-leonard
fromNieman Lab
3 months ago
Media industry

Watchdog journalism's future may lie in the work of independent reporters like Pablo Torre

fromNieman Lab
3 months ago
Media industry

Watchdog journalism's future may lie in the work of independent reporters like Pablo Torre

more#kawhi-leonard
#miami-heat
more#miami-heat
LA Clippers
fromLos Angeles Times
4 months ago

Clippers considered naming dome after bankrupt firm at center of Kawhi Leonard allegations

The Clippers nearly granted naming rights to Aspiration, which allegedly paid Kawhi Leonard $28 million to skirt the NBA salary cap while the company later collapsed amid fraud.
LA Clippers
fromwww.ocregister.com
4 months ago

Clippers deny report they skirted NBA salary cap with Kawhi Leonard payment

The Clippers deny Steve Ballmer funded a $28 million no-show endorsement for Kawhi Leonard via Aspiration; the NBA has opened an investigation.
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