
"The league said it was opening the investigation last month after a report by journalist Pablo Torre centering on a $28 million endorsement contract between Leonard and Aspiration Fund Adviser LLC, a California-based sustainability services company that filed for bankruptcy this year. Clippers owner Steve Ballmer made a $50 million investment in Aspiration, and the company and the team announced a $300 million partnership in September 2021."
"But the league's midseason festivities at Intuit Dome won't be affected. "There's no contemplation of moving the All-Star Game," Silver said, "and planning for the All-Star Game and the surrounding activities are operating completely independently of the ongoing investigation." Silver spoke at NBC Sports headquarters to discuss the network's return to broadcasting the league this season. The All-Star Game -- with an expected new format pitting U.S. and an international team -- will be televised by NBC on Feb. 15."
NBA Commissioner Adam Silver said there is no contemplation of moving the All-Star Game out of the LA Clippers' Intuit Dome while the league investigates possible salary-cap circumvention related to Kawhi Leonard. The investigation was opened after a report about a $28 million endorsement deal between Leonard and Aspiration Fund Adviser LLC, which later filed for bankruptcy. Clippers owner Steve Ballmer invested $50 million in Aspiration, and the company entered a $300 million partnership with the team in 2021. The NBA can levy fines up to $7.5 million, void contracts, and forfeit draft picks. NBC will broadcast the All-Star Game on Feb. 15.
Read at ESPN.com
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